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:

86,192

614.70

52,982,305

May 27, 2019

1,000

645.91

645,911

May 28, 2019

1,000

664.65

664,651

May 29, 2019

1,000

657.02

657,022

Accumulated under the program following above purchases:

89,192

616.09

54,949,889

 

Following above purchases, SimCorp holds 840,203 treasury shares corresponding to 2.1% of the share capital.

Purchases for an amount of EUR 5.1m (approx. DKK 38.1m) 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. 20/2019