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) |
| 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