SimCorp A/S – Share buyback program completed

On 24 August 2017 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 would repurchase shares for an amount of up to EUR 7.5m, to be executed during the period from 24 August 2017 to 31 December 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: 141,300 373.88 52,828,917
11 December 2017 2,300  359.28 826,344
12 December 2017 2,500  356.44 891,100
13 December 2017 3,700  358.43 1,326,191
Accumulated under the program following above purchases: 149,800 372.98 55,872,552

Following above purchases, SimCorp holds 1,286,437 treasury shares corresponding to 3.1% of the share capital.

During the period 24 August 2017 to 13 December 2017 shares for an amount of EUR 7.5m (approx. DKK 55.9m) have been purchased, and the share buyback program is hereby completed. 

Enquiries regarding this announcement should be addressed to:Michael Rosenvold, Chief Financial Officer, SimCorp A/S (+45 3544 6858, +45 5235 0000)Anders Hjort, Head of Investor Relations, SimCorp A/S (+45 3544 8822, +45 2892 8881)

Company Announcement no. 55/2017

http://prlibrary-eu.nasdaq.com/Resource/Download/04406500-0cc2-4892-93bb-23694202ec61