SimCorp A/S – Share buyback program

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On 27 February 2017 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 17.5m (approx. DKK 130.4m) in the period from 27 February 2017 to 23 August 2017.

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:  111,689  408.96  45,676,504
8 May 2017 1,500 443.36 665,040
9 May 2017 1,500 445.57 668,355
10 May 2017 1,400 443.92 621,488
11 May 2017 1,400 441.58 618,212
Accumulated under the program following above purchases: 117,489 410.67 48,249,599

  

Following above purchases, SimCorp holds 1,956,813 treasury shares corresponding to 4.7% of the share capital.

Purchases for an amount of EUR 11.0m (approx. DKK 82.1m) 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)


Company Announcement no. 18/2017

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