Company Announcement:

Vestas - Transactions in connection with share buy-back programme during the period 26 February – 2 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 26 February – 2 March 2018:
 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
26 February 2018 85,000 448.62 38,132,717
27 February 2018 60,000 448.57 26,914,350
28 February 2018 70,000 444.86 31,140,361
01 March 2018 91,197 443.82 40,475,399
02 March 2018 75,000 432.08 32,405,820
Accumulated under the programme 743,697 438.38 326,018,885

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