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:

332,198

166.12

55,184,559

25 November 2014

1,000

169.20

169,200

26 November 2014

1,000

170.18

170,180

27 November 2014

8,900

163.64

1,456,396

28 November 2014

9,500

163.43

1,552,585

1 December 2014

9,700

163.78

1,588,666

Accumulated under the program following above purchases:

362,298

165.95

60,121,586

 

Following above purchases, SimCorp holds 938,166 treasury shares corresponding to 2.26% of the share capital.

Purchases for an amount of EUR 1.9m (approx. DKK 14.5m) 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. 50/2014