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:

34,987

675.19

23,622,830

March 16, 2020

1,000

509.23

509,231

March 17, 2020

1,000

533.37

533,373

March 18, 2020

1,000

532.69

532,686

March 19, 2020

1,000

500.47

500,470

March 20, 2020

1,000

501.71

501,708

Accumulated under the program following above purchases:

39,987

655.22

26,200,298

 

Following above purchases, SimCorp holds 790,675 treasury shares corresponding to 2.0% of the share capital.

Purchases for an amount of EUR 6.5m (approx. DKK 48.2m) 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)

Company Announcement no. 11/2020