Company Announcement:

Vestas - Transactions in connection with share buy-back programme during the period 27 February 2017 to 3 March 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 27 February 2017 to 3 March 2017: 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
27 February 2017  30,500 517.40  15,780,782
28 February 2017  32,010 515.44  16,499,353
01 March 2017  8,530 525.73  4,484,440
02 March 2017  29,075 526.50  15,307,985
03 March 2017  18,760 521.14  9,776,669
Accumulated under the programme  438,488 515.64  226,103,634

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