Vestas - Transactions in connection with share buy-back programme during the period 20-24 February 2017

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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 20-24 February 2017: 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
20 February 2017  55,235 514.74  28,431,399
21 February 2017  17,010 518.03  8,811,685
22 February 2017  20,420 522.18  10,662,871
23 February 2017  23,964 529.41  12,686,899
24 February 2017  23,000 524.32  12,059,347
Accumulated under the programme  319,613 513.92  164,254,405

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