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:

92,950

377.84

35,119,795

6 November 2017

2,000

380.11

760,220

7 November 2017

1,900

379.57

721,183

8 November 2017

3,000

377.95

1,133,850

9 November 2017

6,000

361.69

2,170,140

10 November 2017

5,000

355.79

1,778,950

Accumulated under the program following above purchases:

110,850

376.04

41,684,138

 

Following above purchases, SimCorp holds 1,248,015 treasury shares corresponding to 3.1% of the share capital.

Purchases for an amount of EUR 1.9m (approx. DKK 14.2m) 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. 48/2017