SimCorp A/S – Share buyback program

On February 20, 2019 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 12.5m, to be executed during the period from February 20, 2019 to August 22, 2019.

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:

8,000

573.57

4,588,598

February 25, 2019

1,000

578.71

578,712

February 26, 2019

1,200

587.89

705,471

February 27, 2019

1,630

588.28

958,901

February 28, 2019

1,592

591.35

941,426

March 1, 2019

1,000

597.35

597,347

Accumulated under the program following above purchases:

14,422

580.39

8,370,455

Following above purchases, SimCorp holds 781,565 treasury shares corresponding to 1.9% of the share capital.

Purchases for an amount of EUR 11.4m (approx. DKK 84.6m) remain to be executed under the program.

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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. 05/2019