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”.

In connection with the program SimCorp A/S will repurchase shares for an amount of up to EUR 40.0m (app. 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: 39,655 322.78 12,800,013
20 May 2016 4,485 337.28 1,512,712
23 May 2016 6,161 345.46 2,128,362
24 May 2016 4,981 343.67 1,711,804
25 May 2016 3,209 350.04 1,123,273
26 May 2016 5,121 348.41 1,784,203
27 May 2016 1,639 348.70 571,515
30 May 2016 11,000 351.41 3,865,483
Accumulated under the program following above purchases: 76,251 334.39 25,497,365

  

Following above purchases, SimCorp holds 1,285,654 treasury shares corresponding to 3.1% of the share capital.

Purchases for an amount of EUR 36.6m (approx. DKK 272.1m) remain to be executed under the program.

Enquiries regarding this announcement should be addressed to:
Klaus Holse, Chief Executive Officer, SimCorp A/S (+45 3544 8802, +45 2326 0000)
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. 20/2016

 

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