Transactions in connection with share buy-back programme

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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 23 – 27 November 2015: 

  Number of
shares
Average purchase price, DKK Transaction value, DKK
23 November 2015  45,000 432.85                 19,478,210
24 November 2015     118,000 432.37                 51,019,400
25 November 2015       32,500 438.73                 14,258,605
26 November 2015     158,587 440.77                 69,900,487
27 November 2015       10,000 449.22                   4,492,164
Accumulated under the programme  
1,307,087
 
 
427.24
 
            
 558,437,279
 

 

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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