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SIM - Simcorp A/S News Story

DKK799 -5.0  -0.6%

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Sector
Technology
Size
Large Cap
Market Cap £3.73bn
Enterprise Value £3.72bn
Revenue £396.4m
Position in Universe 156th / 1829

SimCorp A/S – Share buyback program

Mon 15th February, 2021 12:01pm
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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           Amount (DKK)  
                                                                             purchase price                  
                                                                             (DKK per share)                 
 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
*     Share repurchase 15 02 2021
(https://ml-eu.globenewswire.com/Resource/Download/e795ac4f-40eb-483e-b5c7-2d72de2b2830)
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