SimCorp A/S – Share buyback program

Report this content

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: 168,340 168.44 28,354,505
7 October 2014 9,080 165.53 1,503,013
8 October 2014 10,000 163.76 1,637,600
9 October 2014 7,500 165.49 1,241,175
10 October 2014 7,000 164.93 1,154,510
13 October 2014 7,000 163.55 1,144,850
Accumulated under the program following above purchases: 208,920 167.70 35,035,653

 

Following above purchases, SimCorp holds 784,788 treasury shares corresponding to 1.89% of the share capital.

Purchases for an amount of EUR 5.3m (approx. DKK 39.6m) 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. 41/2014

Subscribe