SimCorp A/S – Share Buyback Program

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On 25 February 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 26 February to 22 August 2014.

Since the last announcement 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: 221,553 208.12 46,109,240
5 May 2014 3,000 206.79 620,370
6 May 2014 2,000 209.74 419,480
7 May 2014 2,500 207.02 517,550
8 May 2014 2,000 206.89 413,780
9 May 2014 2,000 208.35 416,700
Accumulated under the program following above purchases: 233,053 208.09 48,497,120


Following above purchases, SimCorp holds 2,441,786 treasury shares corresponding to 5.61% of the share capital.

Purchases for an amount of EUR 3.5m (approx. DKK 26.1m) 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 6858, +45 2811 3828)


Company Announcement no. 25/2014

 

 

 

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