SimCorp A/S – Share buyback program

On 27 February 2017 SimCorp A/S announced a share buyback program 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.

Uk   Denmark

In connection with the program SimCorp A/S will repurchase shares for an amount of up to EUR 17.5m (approx. DKK 130.4m) in the period from 27 February 2017 to 23 August 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:

66,700

397.39

26,506,142

27 March 2017

2,100

407.53

855,813

28 March 2017

2,200

413.79

910,338

29 March 2017

500

414.90

207,450

30 March 2017

2,500

414.35

1,035,875

31 March 2017

2,000

417.82

835,640

Accumulated under the program following above purchases:

76,000

399.36

30,351,258

 

Following above purchases, SimCorp holds 1,911,484 treasury shares corresponding to 4.6% of the share capital.

Purchases for an amount of EUR 13.4m (approx. DKK 100.0m) remain to be executed under the program.

Share repurchase specification

Enquiries regarding this announcement should be addressed to:

Anders Hjort, Head of Investor Relations, SimCorp A/S (+45 3544 8822, +45 2892 8881)

Company Announcement no. 10/2017