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14:38 - 10 Apr 2017

Vestas - Transactions in connection with share buy-back programme during the period 3 – 7 April 2017

Aarhus, Denmark, 2017-04-10 14:38 CEST (GLOBE NEWSWIRE) --  

 

On 8 February 2017, Vestas initiated a share buy-back programme, ref. Company announcement No. 04/2017. 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 705 million (approximately EUR 95 million) in the period from 8 February 2017 to 4 May 2017. 

The following transactions have been made under the programme during the period 3 – 7 April 2017:
 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
03 April 2017 7,631 565.93 4,318,578
04 April 2017  13,820 569.89  7,875,820
05 April 2017  86,812 571.13 49,580,686
06 April 2017  - -  -
07 April 2017 11,720 564.36 6,614,243
Accumulated under the programme 974,574 530.70 517,203,278

  
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
Hans Martin Smith, Senior Vice President, Group Treasury and Investor Relations
Tel: +45 9730 8209

Download attachments
170410_16_Appendix.pdf 170410_16_Company_Announcement.pdf
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