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SimCorp A/S – Share buyback program

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On 1 September 2014 SimCorp A/S announced a share buyback program in compliance with the provisions of Commission Regulation No. 2273/2003 of 22 December 2003, also referred to as the “Safe Harbour”.

In connection with the program SimCorp A/S will repurchase shares for an amount of up to EUR 10.0m (approx. DKK 74.6m) in the period from 2 September 2014 to 13 February 2015.

The following transactions have been executed under the program: 

Date                
 		 Number of shares
 		 Average purchase price (DKK per share) Amount (DKK)
 
Accumulated under the program as of last announcement: 332,198 166.12 55,184,559
25 November 2014 1,000 169.20 169,200
26 November 2014 1,000 170.18 170,180
27 November 2014 8,900 163.64 1,456,396
28 November 2014 9,500 163.43 1,552,585
1 December 2014 9,700 163.78 1,588,666
Accumulated under the program following above purchases: 362,298 165.95 60,121,586

 

Following above purchases, SimCorp holds 938,166 treasury shares corresponding to 2.26% of the share capital.

Purchases for an amount of EUR 1.9m (approx. DKK 14.5m) remain to be executed under the program.


Enquiries regarding this announcement should be addressed to:
Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000)
Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 8800, +45 2811 3828)


Company Announcement no. 50/2014

 

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