Share Buyback Program completed

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:

 

 

285,653

 

 

206.34

 

 

58,941,386

 

 

26 May 2014

 

 

12,000

 

 

186.91

 

 

2,242,920

 

 

27 May 2014

 

 

12,000

 

 

186.08

 

 

2,232,960

 

 

28 May 2014

 

 

14,000

 

 

185.32

 

 

2,594,480

 

 

2 June 2014

 

 

10,000

 

 

185.30

 

 

1,853,000

 

 

3 June 2014

 

 

15,000

 

 

184.90

 

 

2,773,500

 

 

4 June 2014

 

 

12,000

 

 

185.27

 

 

2,223,240

 

 

6 June 2014

 

 

9,220

 

 

188.49

 

 

1,737,878

 

 

Accumulated under the program following above purchases:

 

 

369,873

 

 

201.69

 

 

74,599,364

 

 

 

Following above purchases, SimCorp holds 2,578,606 treasury shares corresponding to 5.93% of the share capital.

During the period February 2014 to June 2014 SimCorp has repurchased a total of 369,873 shares equal to a transaction value of EUR 10.0m (DKK 74.6m), 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. 30/2014