SimCorp A/S – Share buyback program
Company Announcement no. 19/2019
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: | 66,048 | 615.94 | 40,681,295 |
| May 20, 2019 | 11,900 | 598.26 | 7,119,315 |
| May 21, 2019 | 5,158 | 610.06 | 3,146,669 |
| May 22, 2019 | 886 | 657.32 | 582,387 |
| May 23, 2019 | 1,200 | 663.76 | 796,507 |
| May 24, 2019 | 1,000 | 656.13 | 656,131 |
| Accumulated under the program following above purchases: | 86,192 | 614.70 | 52,982,305 |
Following above purchases, SimCorp holds 837,203 treasury shares corresponding to 2.1% of the share capital.
Purchases for an amount of EUR 5.4m (approx. DKK 40.0m) 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, +45 2892 8881)