Company Announcement:

Vestas - Transactions in connection with share buy-back programme, week 44 2018

Vestas Wind Systems A/S, Aarhus, 5 November 2018
Company Announcement No. 42/2018

On 15 August 2018, Vestas initiated a share buy-back programme, ref. Company announcement No. 28/2018. The programme is implemented in accordance with Regulation No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (MAR) and the Commission’s delegated regulation (EU) 2016/1052 of 8 March 2016 (the "Safe Harbour” rules).

Under the programme, Vestas will buy back shares for an amount up to DKK 1,500m (approx. EUR 200m) in the period from 15 August 2018 to 28 December 2018.

The following transactions have been made under the programme in week 44:

 Number of
Weighted average purchase price, DKKTransaction value,
29 October 2018  5,420415.802,253,632
30 October 2018  51,301402.5720,652,049
31 October 2018  46,712412.5019,268,597
1 November 2018  9,480420.253,983,951
2 November 2018  176,188413.4472,842,391
Accumulated under the programme2,786,352421.021,173,107,840

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
Patrik Setterberg, Vice President                          
Investor Relations
Tel: +45 6122 1913