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:

606,200

183.28

111,101,990

23 December 2013

4,000

210.34

841,360

27 December 2013

4,000

213.34

853,360

30 December 2013

4,000

217.03

868,120

2 January 2014

4,300

213.15

916,545

3 January 2014

1,000

210.18

210,180

Accumulated under the program following above purchases:

623,500

184.11

114,791,555

 

 

Following above purchases, SimCorp holds 2,152,541 treasury shares corresponding to 4.95% of the share capital.

Purchases for an amount of EUR 4.6m (approx. DKK 34.4m) 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. 02/2014