SimCorp A/S – Share buyback program completed

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 would 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:

141,300

373.88

52,828,917

11 December 2017

2,300

359.28

826,344

12 December 2017

2,500

356.44

891,100

13 December 2017

3,700

358.43

1,326,191

Accumulated under the program following above purchases:

149,800

372.98

55,872,552

Following above purchases, SimCorp holds 1,286,437 treasury shares corresponding to 3.1% of the share capital.

During the period 24 August 2017 to 13 December 2017 shares for an amount of EUR 7.5m (approx. DKK 55.9m) have been purchased, and the share buyback program is hereby completed.

Share repurchase specification

Enquiries regarding this announcement should be addressed to:

Michael Rosenvold, Chief Financial Officer, SimCorp A/S (+45 3544 6858, +45 5235 0000)

Anders Hjort, Head of Investor Relations, SimCorp A/S (+45 3544 8822, +45 2892 8881)

Company Announcement no. 55/2017