SimCorp A/S – Share buyback program
Company Announcement no. 3/2022
On February 15, 2022 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 February 15, 2022 to July 31, 2022.
The following transactions have been executed under the program:
| Date | Number of shares | Average purchase price (DKK per share) |
Amount (DKK) |
| February 15, 2022 | 3,000 | 600.62 | 1,801,860 |
| February 16, 2022 | 3,000 | 600.79 | 1,802,370 |
| February 17, 2022 | 3,500 | 595.12 | 2,082,920 |
| February 18, 2022 | 3,500 | 585.23 | 2,048,305 |
| Accumulated under the program following above purchases: | 13,000 | 595.04 | 7,735,455 |
Following above purchases, SimCorp holds 964,193 treasury shares corresponding to 2.4% of the share capital.
Purchases for an amount of EUR 19.0m (approx. DKK 141.1m) 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)