SimCorp A/S – Share buyback program completed
Company Announcement no. 36/2020
On February 5, 2020 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 10.0m, to be executed during the period from February 5, 2020 to July 31, 2020.
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: | 109,182 | 658.42 | 71,887,343 |
| July 27, 2020 | 900 | 733.05 | 659,742 |
| July 28, 2020 | 900 | 732.76 | 659,481 |
| July 29, 2020 | 550 | 740.38 | 407,208 |
| July 30, 2020 | 550 | 732.21 | 402,715 |
| July 31, 2020 | 572 | 740.26 | 423,426 |
| Accumulated under the program following above purchases: | 112,654 | 660.78 | 74,439,916 |
Following above purchases, SimCorp holds 858.347 treasury shares corresponding to 2.1% of the share capital.
During the period period from February 5, 2020 to July 31, 2020 shares for an amount of EUR 10.0m (approx. DKK 74.4m) have been purchased, and the share buyback program is hereby completed.
Enquiries regarding this announcement should be addressed to:
Anders Hjort, Head of Investor Relations, SimCorp A/S (+45 3544 8822)