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: 617,962 344.72 213,026,761
10 October 2016 3,030 381.03 1,154,523
11 October 2016 10,051 379.15 3,810,835
12 October 2016 15,477 380.28 5,885,625
13 October 2016 11,655 375.58 4,377,366
14 October 2016 8,755 376.27 3,294,284
Accumulated under the program following above purchases: 666,930 347.19 231,549,394

Following above purchases, SimCorp holds 1,851,568 treasury shares corresponding to 4.5% of the share capital.

Purchases for an amount of EUR 8.9m (approx. DKK 66.1m) 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. 42/2016