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.

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:

34,050

377.67

12,859,661

25 September 2017

1,100

386.03

424,633

26 September 2017

1,300

380.39

494,507

27 September 2017

1,400

381.54

534,156

28 September 2017

1,000

384.11

384,110

29 September 2017

800

384.44

307,552

Accumulated under the program following above purchases:

39,650

378.43

15,004,619

Following above purchases, SimCorp holds 1,176,815 treasury shares corresponding to 2.9% of the share capital.

Purchases for an amount of EUR 5.5m (approx. DKK 40.9m) 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. 42/2017