Share Buyback Program

On 25 February 2014 SimCorp A/S announced a share buyback program in compliance 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 10.0m (approx. DKK 74.6m) in the period from 26 February to 22 August 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:

95,346

210.12

20,034,280

24 March 2014

5,000

212.45

1,062,250

25 March 2014

2,500

215.76

539,400

26 March 2014

2,500

221.71

554,275

27 March 2014

1,000

222.56

222,560

28 March 2014

1,000

222.00

222,000

Accumulated under the program following above purchases:

107,346

210.86

22,634,765

 

Following above purchases, SimCorp holds 2,317,509 treasury shares corresponding to 5.33% of the share capital.

Purchases for an amount of EUR 7.0m (approx. DKK 52.0m) 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 8800, +45 2811 3828)

Company Announcement no. 18/2014