Company Announcement:

Vestas - Transactions in connection with share buy-back programme during the period 24 – 28 April 2017

 

On 8 February 2017, Vestas initiated a share buy-back programme, ref. Company announcement No. 04/2017. 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 705 million (approximately EUR 95 million) in the period from 8 February 2017 to 4 May 2017. 

The following transactions have been made under the programme during the period 24 – 28 April 2017: 

 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
24 April 2017 33,910 581.91 19,732,460
25 April 2017 20,560 579.77 11,920,073
26 April 2017 19,500 583.29 11,374,069
27 April 2017 18,610 584.26 10,873,036
28 April 2017 14,280 585.92 8,366,903
Accumulated under the programme 1,240,503 540.70 670,743,231

 

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