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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)
 
28 August 2013 7,500 181.47 1,361,025
29 August 2013 8,000 181.64 1,453,120
30 August 2013 10,700 179.06 1,915,942
Accumulated under the program following above purchases: 26,200 180.54 4,730,087

Following above purchases, SimCorp holds 1,613,361 treasury shares corresponding to 3.71% of the share capital.

Purchases for an amount of EUR 19.4m (approx. DKK 144.5m) 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. 51/2013

 

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