SimCorp A/S – Share buyback program

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Company announcement 14/2019

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 sharesAverage
purchase price
(DKK per share)
Amount (DKK)
Accumulated under the program as of last announcement:47,856607.4429,069,827
April 23, 2019 1,000653.36653,364
April 24, 2019 1,000660.08660,075
April 25, 2019 1,000658.58658,580
April 26, 2019 800649.93519,944
Accumulated under the program following above purchases:51,656611.0031,561,789

Following above purchases, SimCorp holds 804,197 treasury shares corresponding to 2.0% of the share capital.

Purchases for an amount of EUR 8.3m (approx. DKK 61.4m) 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)

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