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:

309,589

403.80

125,013,199

17 July 2017

3,000

394.88

1,184,640

18 July 2017

3,000

397.21

1,191,630

19 July 2017

2,000

398.30

796,600

20 July 2017

1,500

399.85

599,775

21 July 2017

2,000

400.10

800,200

Accumulated under the program following above purchases:

321,089

403.58

129,586,044

 

Following above purchases, SimCorp holds 1,159,833 treasury shares corresponding to 2.9% of the share capital.

Purchases for an amount of EUR 0.1m (approx. DKK 0.8m) 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. 33/2017