SimCorp A/S – Share buyback program - Changes in company's own shares

12 July 2016

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”. As of 3 July 2016 the program is carried out 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 40.0m (approx. 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:

260,800

335.59

87,523,055

4 July 2016

3,241

337.64

1,094,300

5 July 2016

8,500

327.41

2,782,964

6 July 2016

6,068

319.46

1,938,511

7 July 2016

2,824

321.81

908,793

8 July 2016

2,582

325.76

841,110

Accumulated under the program following above purchases:

284,015

334.80

95,088,733

Following above purchases, SimCorp holds  1,493,261 treasury shares corresponding to 3.6% of the share capital.

Purchases for an amount of EUR 27.2m (approx. DKK 202.5m) remain to be executed under the program.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development