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 7 – 11 December 2015: 

  Number of
shares
Average purchase price, DKK Transaction value, DKK
07 December 2015       65,000 459.66                 29,877,595
08 December 2015       74,362 457.79                 34,042,046
09 December 2015       22,000 455.97                 10,031,276
10 December 2015       63,343 452.17                 28,641,494
11 December 2015     200,295 441.42                 88,415,080
Accumulated under the programme  2,229,125 438.75               978,022,525

 

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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