SimCorp A/S – Share buyback program

Company Announcement no. 29/2020

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:

77,882

636.92

49,604,485

June 8, 2020

900

692.72

623,449

June 9, 2020

900

697.41

627,668

June 10, 2020

900

701.81

631,632

June 11, 2020

900

693.87

624,481

June 12, 2020

900

691.87

622,683

Accumulated under the program following above purchases:

82,382

640.12

52,734,399

 

Following above purchases, SimCorp holds 826,623 treasury shares corresponding to 2.0% of the share capital.

Purchases for an amount of EUR 2.9m (approx. DKK 21.7m) 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)