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:

47,750

379.82

18,136,503

16 October 2017

1,900

382.13

726,047

17 October 2017

2,500

376.98

942,450

18 October 2017

2,500

378.35

945,875

19 October 2017

3,000

374.37

1,123,110

20 October 2017

5,000

369.54

1,847,700

Accumulated under the program following above purchases:

62,650

378.64

23,721,685

 

Following above purchases, SimCorp holds 1,199,815 treasury shares corresponding to 2.9% of the share capital.

Purchases for an amount of EUR 4.3m (approx. DKK 32.2m) 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. 45/2017