Transactions in connection with share buy-back programme

 

 

On 5 November 2015, Vestas initiated a share buy-back programme, ref. Company announcement No. 54/2015. The programme is implemented in accordance with the provisions of European Commission Regulation no. 2273/2003 of 22 December 2003 (the Safe Harbour Regulation). The purpose of the programme is to adjust Vestas’ capital structure and to meet the obligations arising from employee share option programmes or other allocations of shares to employees of Vestas. 

Under the programme Vestas will buy back shares for an amount up to DKK 1,120 million (approximately EUR 150 million) in the period from 5 November 2015 to 31 December 2015. 

The following transactions have been made under the programme during the period 14 – 18 December 2015: 

  Number of
shares
Average purchase price, DKK Transaction value, DKK
14 December 2015       60,000 446.67                 26,799,960
15 December 2015        9,380 452.49                   4,244,364
16 December 2015       50,000 476.03                 23,801,690
17 December 2015     125,000 482.01                 60,251,750
18 December 2015       56,281 477.59                 26,879,434
Accumulated under the programme  2,529,786 442.73            1,119,999,730

The share buy-back programme initiated 5 November 2015 is hereby finalised. 

 

Contact details
Vestas Wind Systems A/S, Denmark
Hans Martin Smith, Senior Vice President, Investor Relations
Tel: +45 9730 8209 

Henrik Guldbæk Welch, Senior Vice President, Group Treasury
Tel: +45 9730 8205 

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