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: | 313,998 | 165.74 | 52,040,527 |
11 November 2014 | 1,800 | 175.92 | 316,656 |
12 November 2014 | 1,700 | 174.67 | 296,939 |
13 November 2014 | 1,800 | 175.14 | 315,252 |
14 November 2014 | 1,900 | 174.73 | 331,987 |
17 November 2014 | 1,500 | 173.27 | 259,905 |
Accumulated under the program following above purchases: | 322,698 | 165.98 | 53,561,266 |
Following above purchases, SimCorp holds 898,566 treasury shares corresponding to 2.17% of the share capital.
Purchases for an amount of EUR 2.8m (approx. DKK 21.0m) 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. 46/2014