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:

299,098

165.27

49,430,750

28 October 2014

2,000

171.21

342,420

29 October 2014

1,000

171.98

171,980

30 October 2014

1,000

175.10

175,100

31 October 2014

1,000

176.50

176,500

3 November 2014

1,500

177.43

266,145

Accumulated under the program following above purchases:

305,598

165.46

50,562,895

 

Following above purchases, SimCorp holds 871,466 treasury shares corresponding to 2.12% of the share capital.

Purchases for an amount of EUR 3.2m (approx. DKK 24.0m) 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. 44/2014