SimCorp A/S – Share buyback program

On February 5, 2020 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 10.0m, to be executed during the period from February 5, 2020 to July 31, 2020.

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:

28,011

695.33

19,476,864

March 9, 2020

1,976

625.88

1,236,744

March 10, 2020

1,000

632.40

632,402

March 11, 2020

1,000

600.50

600,496

March 12, 2020

2,000

558.07

1,116,138

March 13, 2020

1,000

560.19

560,186

Accumulated under the program following above purchases:

34,987

675.19

23,622,830

 

Following above purchases, SimCorp holds 784,959 treasury shares corresponding to 1.9% of the share capital.

Purchases for an amount of EUR 6.8m (approx. DKK 50.8m) remain to be executed under the program.

Enquiries regarding this announcement should be addressed to:

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


Company Announcement no. 9/2020