SimCorp A/S – Share Buyback Program completed
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 would repurchase shares for an amount of up to EUR 20.0m (approx. DKK 149.2m) in the period from 28 August 2013 to 24 February 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: | 757,342 | 187.76 | 142,196,300 |
| 17 February 2014 | 6,000 | 219.13 | 1,314,780 |
| 18 February 2014 | 6,000 | 218.29 | 1,309,740 |
| 19 February 2014 | 5,500 | 218.74 | 1,203,070 |
| 20 February 2014 | 5,000 | 217.14 | 1,085,700 |
| 21 February 2014 | 4,600 | 222.26 | 1,022,396 |
| 24 February 2014 | 4,770 | 223.64 | 1,066,763 |
| Accumulated under the program following above purchases: | 789,212 | 189.05 | 149,198,749 |
Following above purchases, SimCorp holds 2,318,253 treasury shares corresponding to 5.33% of the share capital.
During the period August 2013 to February 2014 SimCorp has repurchased a total of 789,212 shares equal to a transaction value of EUR 20.0m (DKK 149.2m), 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.09/2014