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: | 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