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: 132,116 211.55 27,949,463
8 April 2014 2,000 210.68 421,360
9 April 2014 2,095 212.78 445,774
10 April 2014 3,400 209.78 713,252
11 April 2014 10,000 203.35 2,033,500
14 April 2014 16,000 198.90 3,182,400
15 April 2014 16,000 199.07 3,185,120
16 April 2014 11,478 200.90 2,305,930
Accumulated under the program following above purchases: 193,089 208.38 40,236,799


Following above purchases, SimCorp holds 2,401,822 treasury shares corresponding to 5.52% of the share capital.

Purchases for an amount of EUR 4.6m (approx. DKK 34.4m) 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. 22/2014

 

 

 

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