SimCorp A/S – Share buyback program

On 24 August 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 7.5m, to be executed during the period from 24 August 2017 to 31 December 2017.

The following transactions have been executed under the program:         

Date

 

Number of shares

Average
purchase price
(DKK per share)

Amount (DKK)

24 August 2017

2,200

365.25

803,550

25 August 2017

2,100

375.05

787,605

28 August 2017

2,200

372.09

818,598

29 August 2017

2,300

371.26

853,898

30 August 2017

2,000

368.29

736,580

31 August 2017

2,500

366.56

916,400

1 September 2017

2,000

376.83

753,660

Accumulated under the program following above purchases:

15,300

370.61

5,670,291

 

Following above purchases, SimCorp holds 1,152,465 treasury shares corresponding to 2.8% of the share capital.

Purchases for an amount of EUR 6.7m (approx. DKK 50.2m) 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. 38/2017