SimCorp A/S – Share buyback program On 27 Febr
Post# of 301275
On 27 February 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 will repurchase shares for an amount of up to EUR 17.5m (approx. DKK 130.4m) in the period from 27 February 2017 to 23 August 2017.
The following transactions have been executed under the program:
| Date | Number of shares | Average purchase price (DKK per share) | Amount (DKK) |
| 27 February 2017 | 5,000 | 381.04 | 1,905,200 |
| 28 February 2017 | 4,500 | 387.17 | 1,742,265 |
| 1 March 2017 | 4,300 | 390.75 | 1,680,225 |
| 2 March 2017 | 4,000 | 395.16 | 1,580,640 |
| 3 March 2017 | 4,300 | 393.15 | 1,690,545 |
| Accumulated under the program following above purchases: | 22,100 | 389.09 | 8,598,875 |
Following above purchases, SimCorp holds 1,867,855 treasury shares corresponding to 4.5% of the share capital.
Purchases for an amount of EUR 16.4m (approx. DKK 121.8m) 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, +45 2892 8881)
Company Announcement no. 042017
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