Vestas - Transactions in connection with share buy-back programme during the period 4-10 October 2016


Aarhus, Denmark, 2016-10-11 07:59 CEST (GLOBE NEWSWIRE) --  

On 18 August 2016, Vestas initiated a share buy-back programme, ref. Company announcement No. 26/2016. 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 2,984 million (approximately EUR 400 million) in the period from 18 August 2016 to 30 December 2016.

The following transactions have been made under the programme during the period 4-10 October 2016: 

  Number of
shares
Weighted average purchase price, DKK Transaction value,
DKK
04 October 2016 30,000 549.57 16,487,007
05 October 2016 30,000 552.58 16,577,484
06 October 2016 35,138 558.68 19,630,947
07 October 2016 80,000 549.76 43,980,624
10 October 2016 35,948 549.22 19,743,386
Accumulated under the programme 2,063,551 551.57 1,138,182,705

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


Attachments

161011_CA_35_Appendix.pdf 161011_CA_UK_35.pdf