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: 783,189 350.24 274,307,072
14 November 2016 8,991 333.09 2,994,769
15 November 2016 2,292 335.71 769,452
16 November 2016 3,962 343.09 1,359,312
17 November 2016 3,431 344.44 1,181,766
18 November 2016 4,708 344.76 1,623,118
Accumulated under the program following above purchases: 806,573 349.92 282,235,489


Following above purchases, SimCorp holds 1,991,211 treasury shares corresponding to 4.8% of the share capital.

Purchases for an amount of EUR 2.1m (approx. DKK 15.4m) 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. 48/2016