SimCorp A/S – Share Buyback Program

Report this content

Company Announcement no. 58/2013
14 October 2013 

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:
193,415 182.90 35,376,302
7 October 2013 6,300 185.16 1,166,508
8 October 2013 7,000 184.14 1,288,980
9 October 2013 10,500 182.32 1,914,360
10 October 2013 7,500 183.59 1,376,925
11 October 2013 6,500 184.41 1,198,665
Accumulated under
the program following
above purchases:
231,215 183.04 42,321,740

Following above purchases, SimCorp holds 1,768,216 treasury shares corresponding to 4.06% of the share capital.

Purchases for an amount of EUR 14.3m (approx. DKK 106.9m) 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. 58/2013

Subscribe