Company Announcement:

Vestas - Transactions in connection with share buy-back programme during the period 11 – 15 September 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 1115 September 2017: 

 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
11 September 2017  33,750 569.30  19,213,838
12 September 2017  169,575 568.53  96,408,678
13 September 2017  115,718 559.51  64,745,552
14 September 2017  25,000 557.00  13,925,000
15 September 2017  215,000 547.59  117,731,399
Accumulated under the programme  2,102,664 566.52  1,191,203,748

 

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