Company Announcement:

Vestas - Transactions in connection with share buy-back programme during the period 23 – 27 October 2017

 

On 17 August 2017, Vestas initiated a share buy-back programme, ref. Company announcement No. 30/2017. The programme is implemented in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) (the "Safe Harbour” rules). The purpose of the programme is to adjust Vestas’ capital structure and to meet the obligations arising from share based incentive programmes to employees of Vestas. 

Under the programme, Vestas will buy back shares for an amount up to DKK 4,460 million (approximately EUR 600 million) in the period from 17 August 2017 to 29 December 2017. 

The following transactions have been made under the programme during the period 23 – 27 October 2017:

 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
23 October 2017 40,287 536.96 21,632,427
24 October 2017 26,401 537.09 14,179,613
25 October 2017 16,260 537.56 8,740,722
26 October 2017 30,700 549.73 16,876,650
27 October 2017 48,870 553.35 27,042,024
Accumulated under the programme 4,149,376 561.23 2,328,759,458

 

Details of all the transactions relating to the share buy-back programme during the period are presented in the attached appendix.

 

Contact details
Vestas Wind Systems A/S, Denmark
Hans Martin Smith, Senior Vice President,             Patrik Setterberg
Group Treasury and Investor Relations                  Investor Relations
Tel: +45 9730 8209                                               Tel: +45 6122 1913