SimCorp A/S – Share buyback program

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On 10 May 2016 SimCorp A/S announced a share buyback program in compliance with the provisions of Commission Regulation No. 2273/2003 of 22 December 2003, also referred to as the “Safe Harbour”. As of 3 July 2016 the program is carried out 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 40.0m (approx. DKK 297.6m) in the period from 10 May 2016 to 20 February 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: 806,573 349.92 282,235,489
21 November 2016 4,151 340.86 1,414,925
22 November 2016 7,000 339.31 2,375,155
23 November 2016 10,500 334.08 3,507,864
24 November 2016 4,404 331.21 1,458,649
25 November 2016 6,507 330.42 2,150,053
Accumulated under the program following above purchases: 839,135 349.34 293,142,136


Following above purchases, SimCorp holds 2,023,773 treasury shares corresponding to 4.9% of the share capital.

Purchases for an amount of EUR 0.6m (approx. DKK 4.5m) remain to be executed under the program.


Enquiries regarding this announcement should be addressed to:
Thomas Johansen, Chief Financial Officer, SimCorp A/S (+45 3544 6858, +45 2811 3828)
Anders Hjort, Head of Investor Relations, SimCorp A/S (+45 3544 8822, +45 2892 8881)


Company Announcement no. 49/2016