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: 231,215 183.04 42,321,740
14 October 2013 9,000 183.89 1,655,010
15 October 2013 10,000 183.96 1,839,600
16 October 2013 10,200 184.19 1,878,738
17 October 2013 8,000 184.64 1,477,120
18 October 2013 9,000 184.60 1,661,400
Accumulated under the program following above purchases: 277,415 183.24 50,833,608


Following above purchases, SimCorp holds 1,814,416 treasury shares corresponding to 4.17% of the share capital.

Purchases for an amount of EUR 13.2m (approx. DKK 98.4m) 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. 59/2013

 

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