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:

305,598

165.46

50,562,895

4 November 2014

1,500

175.29

262,935

5 November 2014

1,500

175.77

263,655

6 November 2014

1,800

176.67

318,006

7 November 2014

1,600

176.91

283,056

10 November 2014

2,000

174.99

349,980

Accumulated under the program following above purchases:

313,998

165.74

52,040,527

 

Following above purchases, SimCorp holds 889,866 treasury shares corresponding to 2.14% of the share capital.

Purchases for an amount of EUR 3.0m (approx. DKK 22.6m) 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. 45/2014