Company Announcement:

Vestas - Transactions in connection with share buy-back programme during the period 30 April - 03 May 2018, completing the programme

Vestas Wind Systems A/S, Aarhus, 3 May 2018
Company announcement No. 19/2018

Transactions in connection with share buy-back programme during the period 30 April - 03 May 2018, completing the programme

On 12 February 2018, Vestas initiated a share buy-back programme, ref. Company announcement No. 5/2018. 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 1,500m (approx. EUR 200 million) in the period from 12 February 2018 to 03 May 2018.

The following transactions have been made under the programme during the period 30 April – 03 May 2018:

  Number of
shares
Weighted average
purchase price, DKK
Transaction value,
DKK
30 April 2018 35,000 400.00 14,000,102
01 May 2018 31,763 405.23 12,871,241
02 May 2018 22,500 410.60 9,238,595
03 May 2018 35,528 414.30 14,719,094
Accumulated under the programme 3,498,469 428.76 1,499,999,892

Details of all the transactions relating to the share buy-back programme during the period are presented in the attached appendix.

The share buy-back programme initiated 12 February 2018 is hereby finalised.

Contact details
Vestas Wind Systems A/S, Denmark
Patrik Setterberg, Vice President                                         
Investor Relations
Tel: +45 6122 1913