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:

563,174

340.91

191,989,272

26 September 2016

3,496

362.90

1,268,710

27 September 2016

2,464

379.18

934,300

28 September 2016

6,527

384.77

2,511,425

29 September 2016

3,378

384.52

1,298,899

30 September 2016

3,949

383.70

1,515,233

Accumulated under the program following above purchases:

582,988

342.23

199,517,840

Following above purchases, SimCorp holds 1,767,626 treasury shares corresponding to 4.3% of the share capital.

Purchases for an amount of EUR 13.2m (approx. DKK 98.1m) remain to be executed under the program.

Share repurchase specification 

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. 40/2016