SimCorp A/S – Share buyback program
Company Announcement no. 38/2021
On August 13, 2021 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 20.0m, to be executed during the period from August 13, 2021 to December 17, 2021.
The following transactions have been executed under the program:
| Date | Number of shares | Average purchase price (DKK per share) |
Amount (DKK) |
| August 13, 2021 | 3,000 | 872.89 | 2,618,670 |
| August 16, 2021 | 3,000 | 864.85 | 2,594,550 |
| August 17, 2021 | 3,200 | 860.01 | 2,752,032 |
| August 18, 2021 | 3,200 | 862.51 | 2,760,032 |
| August 19, 2021 | 3,100 | 867.04 | 2,687,824 |
| August 20, 2021 | 3,500 | 849.10 | 2,971,850 |
| Accumulated under the program following above purchases: | 19,000 | 862.37 | 16,384,958 |
Following above purchases, SimCorp holds 903,498 treasury shares corresponding to 2.2% of the share capital.
Purchases for an amount of EUR 17.8m (approx. DKK 132.6m) 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)