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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: 305,598 165.46 50,562,895
4 November 2014 1,500 175.29 262,935
5 November 2014 1,500 175.77 263,655
6 November 2014 1,800 176.67 318,006
7 November 2014 1,600 176.91 283,056
10 November 2014 2,000 174.99 349,980
Accumulated under the program following above purchases: 313,998 165.74 52,040,527


Following above purchases, SimCorp holds 889,866 treasury shares corresponding to 2.14% of the share capital.

Purchases for an amount of EUR 3.0m (approx. DKK 22.6m) 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. 45/2014

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