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: 103,651 180.75 18,734,912
16 September 2013 7,652 185.37 1,418,451
17 September 2013 6,000 183.64 1,101,840
18 September 2013 6,000 182.01 1,092,060
19 September 2013 7,000 183.61 1,285,270
20 September 2013 5,000 185.51 927,550
Accumulated under the program following above purchases: 135,303 181.52 24,560,083


Following above purchases, SimCorp holds 1,673,764 treasury shares corresponding to 3.85% of the share capital.

Purchases for an amount of EUR 16.7m (approx. DKK 124.6m) 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. 55/2013

 

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