SimCorp A/S – Share buyback program
On 17 February 2015 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 74.4m) in the period from 23 February to 14 August 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: | 277,284 | 231.46 | 64,179,542 |
| 13 July 2015 | 1,900 | 271.49 | 515,831 |
| 14 July 2015 | 1,800 | 275.72 | 496,296 |
| 15 July 2015 | 1,100 | 281.48 | 309,628 |
| 16 July 2015 | 1,500 | 289.47 | 434,205 |
| 17 July 2015 | 2,000 | 282.66 | 565,320 |
| 20 July 2015 | 1,600 | 283.23 | 453,168 |
| Accumulated under the program following above purchases: | 287,184 | 233.14 | 66,953,990 |
Following above purchases, SimCorp holds 1,127,672 treasury shares corresponding to 2.72% of the share capital.
Purchases for an amount of EUR 1.0m (approx. DKK 7.4m) 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 6858, +45 2811 3828)
Company Announcement no. 34/2015