Share Buyback Program

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 will repurchase shares for an amount of up to EUR 20.0m (approx. DKK 149.2m) in the period from 28 August 2013 to 24 Februar 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:

485,900

182.01

88,438,144

25 November 2013

8,500

179.39

1,524,815

26 November 2013

9,000

179.00

1,611,000

27 November 2013

15,000

175.57

2,633,550

28 November 2013

13,000

175.81

2,285,530

29 November 2013

3,500

184.55

645,925

Accumulated under the program following above purchases:

534,900

181.60

97,138,964

 

Following above purchases, SimCorp holds 2,071,901 treasury shares corresponding to 4.76% of the share capital.

Purchases for an amount of EUR 7.0m (approx. DKK 52.1m) 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. 66/2013