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: | 278,171 | 165.51 | 46,039,292 |
21 October 2014 | 13,000 | 158.48 | 2,060,240 |
22 October 2014 | 2,614 | 165.11 | 431,598 |
23 October 2014 | 1,313 | 169.84 | 223,000 |
24 October 2014 | 2,000 | 168.87 | 337,740 |
27 October 2014 | 2,000 | 169.44 | 338,880 |
Accumulated under the program following above purchases: | 299,098 | 165.27 | 49,430,750 |
Following above purchases, SimCorp holds 874,966 treasury shares corresponding to 2.11% of the share capital.
Purchases for an amount of EUR 3.4m (approx. DKK 25.2m) 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. 43/2014