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: 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

 

 

 

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