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: | 208,920 | 167.70 | 35,035,653 |
14 October 2014 | 16,000 | 161.50 | 2,584,000 |
15 October 2014 | 17,251 | 159.44 | 2,750,499 |
16 October 2014 | 13,000 | 155.70 | 2,024,100 |
17 October 2014 | 6,000 | 157.12 | 942,720 |
20 October 2014 | 17,000 | 158.96 | 2,702,320 |
Accumulated under the program following above purchases: | 278,171 | 165.51 | 46,039,292 |
Following above purchases, SimCorp holds 854,039 treasury shares corresponding to 2.06% of the share capital.
Purchases for an amount of EUR 3.8m (approx. DKK 28.6m) 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. 42/2014