SimCorp A/S – Share Buyback Program
On 27 February 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 25.0m (approx. DKK 186.5m) in the period from 28 February to 26 August 2013.
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: | 642,140 | 160.21 | 102,877,786 |
3 June 2013 | 9,105 | 177.39 | 1,615,172 |
4 June 2013 | 7,500 | 178.48 | 1,338,570 |
6 June 2013 | 9,000 | 177.94 | 1,601,442 |
7 June 2013 | 12,586 | 175.76 | 2,212,153 |
Accumulated under the program following above purchases: | 680,331 | 161.16 | 109,645,123 |
Following above purchases, SimCorp holds 1,153,131 treasury shares corresponding to 2.65% of the share capital.
Purchases for an amount of EUR 10.3m (approx. DKK 76.9m) 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. 35/2013