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 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:

732,268

186.99

136,923,313

10 February 2014

5,000

208.34

1,041,700

11 February 2014

3,500

208.90

731,150

12 February 2014

4,200

210.81

885,402

13 February 2014

6,718

210.71

1,415,550

14 February 2014

5,656

212.02

1,199,185

Accumulated under the program following above purchases:

757,342

187.76

142,196,300

 

Following above purchases, SimCorp holds 2,286,383 treasury shares corresponding to 5.26% of the share capital.

Purchases for an amount of EUR 0.9m (approx. DKK 7.0m) 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. 08/2014