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: 411,837 182.15 75,014,383
11 November 2013 5,935 179.73 1,066,697
12 November 2013 10,000 181.47 1,814,700
13 November 2013 10,000 181.55 1,815,500
14 November 2013 - - -
15 November 2013 5,000 184.26 921,300
Accumulated under the program following above purchases: 442,772 182.11 80,632,580


Following above purchases, SimCorp holds 1,979,773 treasury shares corresponding to 4.55% of the share capital.

Purchases for an amount of EUR 9.2m (approx. DKK 68.6m) 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. 63/2013

 

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