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: | 63,539 | 163.97 | 10,418,278 |
| 15 September 2014 | 3,500 | 170.13 | 595,455 |
| 16 September 2014 | 4,500 | 173.17 | 779,265 |
| 17 September 2014 | 7,500 | 174.54 | 1,309,050 |
| 18 September 2014 | 7,500 | 171.45 | 1,285,875 |
| 19 September 2014 | 7,000 | 173.50 | 1,214,500 |
| 22 September 2014 | 7,000 | 173.97 | 1,217,790 |
| Accumulated under the program following above purchases: | 100,539 | 167.30 | 16,820,213 |
Following above purchases, SimCorp holds 677,684 treasury shares corresponding to 1.63% of the share capital.
Purchases for an amount of EUR 7.7m (approx. DKK 57.8m) 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. 38/2014