Company Announcement:

Transactions in connection with share buy-back programme during the period 18-22 August 2016

On 18 August 2016, Vestas initiated a share buy-back programme, ref. company announcement No. 26/2016. 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 2,984 million (approximately EUR 400 million) in the period from 18 August 2016 to 30 December 2016.

The following transactions have been made under the programme during the period 18-22 August 2016:


  Number of
Weighted average purchase price, DKK Transaction value,
18 August 2016 77,500 532.57 41,274,415
19 August 2016 53,000 535.25 28,367,985
22 August 2016 30,000 551.29 16,538,667
Accumulated under the programme 160,500 536.95 86,181,067


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, Group Treasury and Investor Relations
Tel: +45 9730 8209