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:

56,832

614.00

34,894,737

May 6, 2019

1,000

626.10

626,104

May 7, 2019

1,250

626.89

783,609

May 8, 2019

1,000

625.53

625,533

May 9, 2019

1,000

623.49

623,495

May 10, 2019

1,000

631.66

631,662

Accumulated under the program following above purchases:

62,082

615.08

38,185,139

Following above purchases, SimCorp holds 814,623 treasury shares corresponding to 2.0% of the share capital.

Purchases for an amount of EUR 7.4m (approx. DKK 54.8m) 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. 16/2019