SimCorp A/S – Share buyback program
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: | 322,698 | 165.98 | 53,561,266 |
18 November 2014 | 1,400 | 174.87 | 244,818 |
19 November 2014 | 2,000 | 172.73 | 345,460 |
20 November 2014 | 2,000 | 169.73 | 339,460 |
21 November 2014 | 2,100 | 168.95 | 354,795 |
24 November 2014 | 2,000 | 169.38 | 338,760 |
Accumulated under the program following above purchases: | 332,198 | 166.12 | 55,184,559 |
Following above purchases, SimCorp holds 908,066 treasury shares corresponding to 2.19% of the share capital.
Purchases for an amount of EUR 2.6m (approx. DKK 19.4m) 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. 48/2014