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)
Accumulated under the program as of last announcement:
55,500
395.74
21,963,563
20 March 2017
2,000
410.51
821,020
21 March 2017
2,500
405.96
1,014,900
22 March 2017
2,200
399.22
878,284
23 March 2017
2,500
403.67
1,009,175
24 March 2017
2,000
409.60
819,200
Accumulated under the program following above purchases:
66,700
397.39
26,506,142
Following above purchases, SimCorp holds 1,906,684 treasury shares corresponding to 4.6% of the share capital.
Purchases for an amount of EUR 14.0m (approx. DKK 103.8m) remain to be executed under the program.
Share repurchase specification
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. 07/2017
SimCorp A/S published this content on 27 March 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 March 2017 08:29:14 UTC.
Original documenthttp://www.simcorp.com/en/news-and-announcements/2017/03/simcorp-as-share-buyback-program-270032017
Public permalinkhttp://www.publicnow.com/view/7DEB122A166D9031870914005CE8A7387F2B6F77
SimCorp A/S is a Denmark-based company engaged in the development and marketing of software solutions to the financial industry. The Companyâs product, SimCorp Dimension, is a customizable, modular investment management software solution for professional investment managers, which supports all elements of the investment management process. It includes Asset Manager, Client Manager, Data Warehouse Manager, Order Manager and Settlement Manager, among others. Additionally, the Company provides services such as business consulting, implementation, and maintenance. Its clients include asset and fund managers, insurance companies, pension funds, mutual funds, banks and mortgage lenders, among others. SimCorp A/S is a parent entity of the SimCorp Group. It operates through numerous subsidiaries, in geographical segments such as Nordic region, Central Europe, the United Kingdom and Ireland, Benelux and France, Middle East, the Asia Pacific region, and North America.
SIMCORP 
