SimCorp A/S – Share buyback program

On 10 May 2016 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”.

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As of 3 July 2016 the program is carried out in compliance with the provisions of Regulation No. 596/2014 of the European Parliament and of the Council on market abuse (the Market Abuse Regulation - MAR) and delegated legislation under MAR.

In connection with the program SimCorp A/S will repurchase shares for an amount of up to EUR 40.0m (approx. DKK 297.6m) in the period from 10 May 2016 to 20 February 2017.

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:

327,394

334.56

109,531,673

25 July 2016

10,037

342.55

3,438,185

26 July 2016

0

-

0

27 July 2016

7,235

347.87

2,516,803

28 July 2016

4,110

348.25

1,431,303

29 July 2016

11,802

345.03

4,072,028

Accumulated under the program following above purchases:

360,578

335.54

120,989,993

Following above purchases, SimCorp holds  1,569,824 treasury shares corresponding to 3.8% of the share capital.

Purchases for an amount of EUR 23.7m (approx. DKK 176.6m) remain to be executed under the program.

Enquiries regarding this announcement should be addressed to:

Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 6858, +45 2811 3828)
Anders Hjort, Head of Investor Relations, SimCorp A/S (+45 3544 8822, +45 2892 8881)

Company Announcement no. 28/2016