SimCorp A/S – Share Buyback Program

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On 27 August 2013, SimCorp A/S announced a share buyback program in accordance 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 20.0m (approx. DKK 149.2m) in the period from 28 August 2013 to 24 Februar 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: 442,772 182.11 80,632,580
18 November 2013 6,000 187.31 1,123,860
19 November 2013 6,200 185.69 1,151,278
20 November 2013 10,620 179.99 1,911,494
21 November 2013 10,308 178.35 1,838,432
22 November 2013 10,000 178.05 1,780,500
Accumulated under the program following above purchases: 485,900 182.01 88,438,144


Following above purchases, SimCorp holds 2,022,901 treasury shares corresponding to 4.65% of the share capital.

Purchases for an amount of EUR 8.1m (approx. DKK 60.8m) 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. 64/2013

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