Share buyback program

On 1 September 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 2 September 2014 to 13 February 2015.

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:

208,920

167.70

35,035,653

14 October 2014

16,000

161.50

2,584,000

15 October 2014

17,251

159.44

2,750,499

16 October 2014

13,000

155.70

2,024,100

17 October 2014

6,000

157.12

942,720

20 October 2014

17,000

158.96

2,702,320

Accumulated under the program following above purchases:

278,171

165.51

46,039,292

 

Following above purchases, SimCorp holds 854,039 treasury shares corresponding to 2.06% of the share capital.

Purchases for an amount of EUR 3.8m (approx. DKK 28.6m) 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. 42/2014