SimCorp A/S – Share buyback program completed
On 1 September 2014 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 74.6m) in the period from 2 September 2014 to 13 February 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: | 444,975 | 165.80 | 73,774,713 |
6 February 2015 | 700 | 187.89 | 131,523 |
9 February 2015 | 500 | 189.70 | 94,850 |
10 February 2015 | 700 | 193.50 | 135,450 |
11 February 2015 | 1,000 | 195.58 | 195,580 |
12 February 2015 | 800 | 195.63 | 156,504 |
13 February 2015 | 500 | 195.83 | 97,915 |
Accumulated under the program following above purchases: | 449,175 | 166.05 | 74,586,535 |
Following above purchases, SimCorp holds 1,023,402 treasury shares corresponding to 2.47% of the share capital.
During the period September 2014 to February 2015 SimCorp has repurchased a total of 449,175 shares equal to a transaction value of EUR 10.0m (DKK 74.6m), 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 8800, +45 2811 3828)
Company Announcement no. 8/2015