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: | 133,040 | 168.19 | 22,375,400 |
30 September 2014 | 6,500 | 170.46 | 1,107,990 |
1 October 2014 | 6,800 | 171.70 | 1,167,560 |
2 October 2014 | 7,500 | 168.91 | 1,266,825 |
3 October 2014 | 7,500 | 167.22 | 1,254,150 |
6 October 2014 | 7,000 | 168.94 | 1,182,580 |
Accumulated under the program following above purchases: | 168,340 | 168.44 | 28,354,505 |
Following above purchases, SimCorp holds 744,208 treasury shares corresponding to 1.79% of the share capital.
Purchases for an amount of EUR 6.2m (approx. DKK 46.2m) 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. 40/2014