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SimCorp A/S – Share buyback program

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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: 29,500 160.69 4,740,445
8 September 2014 6,500 165.96 1,078,740
9 September 2014 6,039 168.16 1,015,518
10 September 2014 7,500 166.59 1,249,425
11 September 2014 7,000 166.48 1,165,360
12 September 2014 7,000 166.97 1,168,790
Accumulated under the program following above purchases: 63,539 163.97 10,418,278


Following above purchases, SimCorp holds 640,684 treasury shares corresponding to 1.54% of the share capital.

Purchases for an amount of EUR 8.6m (approx. DKK 64.2m) 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. 37/2014

 

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