Company Announcement:

Vestas - Transactions in connection with share buy-back programme during the period 12 – 16 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 12 – 16 March 2018: 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
12 March 2018 90,000 433.37 39,003,705
13 March 2018 85,000 430.26 36,572,075
14 March 2018 35,729 433.45 15,486,664
15 March 2018 42,000 433.89 18,223,359
16 March 2018 40,000 433.62 17,344,796
Accumulated under the programme 1,327,525 436.03 578,845,455

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