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SimCorp A/S – Share buyback program

SimCorp A/S
·1-min read

Company Announcement 03/2021

On February 10, 2021 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 10, 2021 to July 31, 2021.

The following transactions have been executed under the program:

Date

Number of shares

Average
purchase price
(DKK per share)

Amount (DKK)

February 10, 2021

3,000

815.48

2,446,440

February 11, 2021

2,900

817.67

2,371,243

February 12, 2021

2,800

810.93

2,270,604

Accumulated under the program following above purchases:

8,700

814.75

7,088,287

Following above purchases, SimCorp holds 710.387 treasury shares corresponding to 1.8% of the share capital.

Purchases for an amount of EUR 19.0m (approx. DKK 141.7m) 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)

Attachment