Company Announcement:

Vestas - Transactions in connection with share buy-back programme during the period 21-25 August 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 21-25 August 2017: 

 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
21 August 2017  105,779 577.69  61,107,714
22 August 2017  156,103 572.90  89,431,096
23 August 2017  20,000 565.00 11,300,000
24 August 2017  85,910 566.55  48,672,371
25 August 2017 140,240  568.82 79,771,303
Accumulated under the programme 689,772 573.38 395,502,079

 

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