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SimCorp A/S – Announcement of Managers’ Transactions
- 24
Company announcement no 34/2019
Announcement and public disclosure of transactions in SimCorp A/S shares by persons
discharging managerial responsibilities and persons closely associated with them
| 1. | Details of the person with managerial responsibilities/person closely associated | |
| a) | Name | Christian Peter Kromann |
| 2. | Reason for the notification | |
| a) | Position/status | Chief Operating Officer |
| b) | Initial notification/Amendment | Initial notification |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | SimCorp A/S |
| b) | LEI code | 5299000WVEJNSG42AK88 |
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
| a) | Description of the financial instrument, type of instrument Identification code | Shares DK0060495240 |
| b) | Nature of the transaction | Award of restricted stock units granted as part of Executive Services Agreement entered into on 7 January 2019. The restricted stock units will vest for (a) 60% after the release of the Q1/H2 report for the financial year 2022 (b) 20% after the release of the Q1/H2 report for the financial year 2023 and (c) 20% after the release of the Q1/H2 report for the financial year 2024 and are subject to that the manager is in continued service on the vesting dates. |
| c) | Price(s) | DKK 3,823,244 |
| Volume(s) | 6,216 shares | |
| d) | Aggregated information Aggregated volume Price | N/A |
| e) | Date of the transaction | 2019-08-01 13:25 UTC |
| f) | Place of the transaction | Nasdaq Copenhagen (XCSE) |
| 1. | Details of the person with managerial responsibilities/person closely associated | |
| a) | Name | Christian Peter Kromann |
| 2. | Reason for the notification | |
| a) | Position/status | Chief Operating Officer |
| b) | Initial notification/Amendment | Initial notification |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | SimCorp A/S |
| b) | LEI code | 5299000WVEJNSG42AK88 |
| 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
| a) | Description of the financial instrument, type of instrument Identification code | Shares DK0060495240 |
| b) | Nature of the transaction | Award of restricted stock units as part of the Long Term Incentive Program as described in the company’s Remuneration Guidelines approved on March 27, 2019. The Restricted Stock Units will vest after the release of the Q1/H2 report for the financial year 2022 and are subject to (i) certain performance criteria and (ii) that the manager is in continued service on the vesting date. |
| c) | Price(s) | DKK 1,260,268 |
| Volume(s) | 2,049 shares | |
| d) | Aggregated information Aggregated volume Price | N/A |
| e) | Date of the transaction | 2019-08-01 13:25 UTC |
| f) | Place of the transaction | Nasdaq Copenhagen (XCSE) |
August 2, 2019
Contact:
Questions regarding this announcement may be addressed to Martin Schak Møller, Vice President, General Counsel, SimCorp A/S, telephone +45 3544 8800.
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