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: | 100,539 | 167.30 | 16,820,213 |
| 23 September 2014 | 7,500 | 172.76 | 1,295,700 |
| 24 September 2014 | 3,601 | 170.19 | 612,854 |
| 25 September 2014 | 6,400 | 171.97 | 1,100,608 |
| 26 September 2014 | 7,500 | 170.44 | 1,278,300 |
| 29 September 2014 | 7,500 | 169.03 | 1,267,725 |
| Accumulated under the program following above purchases: | 133,040 | 168.19 | 22,375,400 |
Following above purchases, SimCorp holds 710,185 treasury shares corresponding to 1.71% of the share capital.
Purchases for an amount of EUR 7.0m (approx. DKK 52.2m) 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. 39/2014