SimCorp A/S – Share buyback program completed
On 17 February 2015 SimCorp A/S announced a share buyback program in compliance 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 would repurchase shares for an amount of up to EUR 10.0m (approx. DKK 74.4m) in the period from 23 February to 14 August 2015.
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: | 306,384 | 236.52 | 72,464,495 |
10 August 2015 | 1,400 | 283.89 | 397,446 |
11 July 2015 | 1,500 | 284.79 | 427,185 |
12 August 2015 | 1,600 | 275.72 | 441,152 |
13 August 2015 | 1,500 | 276.40 | 414,600 |
14 August 2015 | 890 | 284.87 | 253,534 |
Accumulated under the program following above purchases: | 313,274 | 237.49 | 74,398,412 |
Following above purchases, SimCorp holds 1,153,762 treasury shares corresponding to 2.78% of the share capital.
During the period 23 February to 14 August 2015 SimCorp has repurchased a total of 313,274 shares equal to a transaction value of EUR 10.0m (DKK 74.4m), and the share buyback program is hereby completed.
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. 38/2015