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)

Accumulated under the program as of last announcement:

23,500

372.87

8,762,390

11 September 2017

500

391.83

195,915

12 September 2017

800

391.53

313,224

13 September 2017

1,000

392.40

392,400

14 September 2017

900

394.18

354,762

15 September 2017

1,200

390.10

468,120

Accumulated under the program following above purchases:

27,900

375.87

10,486,811

 

Following above purchases, SimCorp holds 1,165,065 treasury shares corresponding to 2.9% of the share capital.

Purchases for an amount of EUR 6.1m (approx. DKK 45.4m) 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. 40/2017