Company Announcement:

Vestas - Transactions in connection with share buy-back programme during the period 19 – 23 March 2018

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 3 May 2018. 

The following transactions have been made under the programme during the period 19 – 23 March 2018: 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
19 March 2018 31,000 430.79 13,354,605
 
20 March 2018 30,000 437.54 13,126,296
 
21 March 2018 35,000 444.29 15,550,171
 
22 March 2018 163,268 437.30 71,397,619
 
23 March 2018 40,000 428.90
 
17,156,116
 
Accumulated under the programme 1,626,793 436.09 709,430,262

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