Company Announcement:

Vestas - Transactions in connection with share buy-back programme during the period 20 – 24 November 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 20 – 24 November 2017: 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
20 November 2017 181,454 400.73 72,714,479
21 November 2017 424,840 388.25 164,942,261
22 November 2017 122,871 387.99 47,672,904
23 November 2017 107,416 372.96 40,061,667
24 November 2017 338,809 366.38 124,133,655
Accumulated under the programme 7,022,406 509.39 3,577,167,619

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