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)
 
2 September 2014 7,500 157.70 1,182,750
3 September 2014 7,500 159.08 1,193,100
4 September 2014 7,000 160.66 1,124,620
5 September 2014 7,500 165.33 1,239,975
Accumulated under the program following above purchases: 29,500 160.69 4,740,445


Following above purchases, SimCorp holds 584,645  treasury shares corresponding to 1.46% of the share capital.

Purchases for an amount of EUR 9.4m (approx. DKK 69.9m) 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. 36/2014

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