SimCorp A/S – Share Buyback Programme
On 11 September 2012, 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 programme SimCorp A/S will repurchase shares for an amount of up to EUR 10.0m (approx. DKK 74,5m) in the period from 12 September 2012 to 26 February 2013.
Since the last announcement the following transactions have been executed under the programme:
Date | Number of shares | Average purchase price (DKK per share) | Amount (DKK) |
Accumulated under the programme as of last announcement: | 58,728 | 1,262.94 | 74,169,707 |
25 February 2013 | 100 | 1,410.00 | 141,000 |
26 February 2013 | 50 | 1,396.00 | 69,800 |
Accumulated under the programme following above purchases: | 58,878 | 1,263,30 | 74,380,507 |
Following above purchases, SimCorp holds 2,591,650 treasury shares corresponding to 5.76% of the share capital.
During the period September 2012 to February 2013, SimCorp has repurchased a total of 58,878 shares equal to a transaction value of EUR 10m (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.10/2013