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: 299,098 165.27 49,430,750
28 October 2014 2,000 171.21 342,420
29 October 2014 1,000 171.98 171,980
30 October 2014 1,000 175.10 175,100
31 October 2014 1,000 176.50 176,500
3 November 2014 1,500 177.43 266,145
Accumulated under the program following above purchases: 305,598 165.46 50,562,895


Following above purchases, SimCorp holds 871,466 treasury shares corresponding to 2.12% of the share capital.

Purchases for an amount of EUR 3.2m (approx. DKK 24.0m) 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. 44/2014

 

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