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:

76,000

399.36

30,351,258

3 April 2017

1,800

422.54

760,572

4 April 2017

1,500

423.62

635,430

5 April 2017

1,500

427.22

640,830

6 April 2017

1,200

423.27

507,924

7 April 2017

2,000

422.48

844,960

Accumulated under the program following above purchases:

84,000

401.68

33,740,974

 

Following above purchases, SimCorp holds 1,919,484 treasury shares corresponding to 4.6% of the share capital.

Purchases for an amount of EUR 13.0m (approx. DKK 96.6m) 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. 12/2017