On 29 April 2020, Ørsted initiated a share buy-back programme as described in company announcement no. 17/2020. According to the programme, Ørsted will in the period from 29 April 2020 to 12 May 2020, both days inclusive, repurchase up to 84,000 shares, corresponding to 0.02% of the share capital of Ørsted, subject to a maximum total purchase price of DKK 66 million. The programme has been implemented in accordance with Regulation (EU) No. 596/2014 of the European Parliament and Council of 16 April 2014 and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, also referred to as the ‘Safe Harbour rules’.

In the period going from 29 April to 5 May, Ørsted has bought back 40,140 shares for a total amount of DKK 27.8 million.:

Trading day Number of shares bought back Average transaction price Amount DKK
1:  29 April 2020 15,000 711.91 10,678,638
2: 30 April 2020 4,475 692.77 3,100,162
3: 1 May 2020 3,567 682.83 2,435,651
4: 4 May 2020 9,503 675.93 6,423,395
5: 5 May 2020 7,595 680.60 5,169,127
Accumulated for trading days 1-5 40,140 692.75 27,806,974

The details of each transaction made under the share buy-back programme are presented in the attached appendix.

For further information, please contact:

Media Relations
Ulrik Frøhlke
+ 45 99 55 95 60
ulrfr@orsted.dk

Investor Relations
Allan Bødskov Andersen
+45 99 55 79 96

The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products to its customers. Ørsted ranks #1 in Corporate Knights' 2020 index of the Global 100 most sustainable corporations in the world and is recognised on the CDP Climate Change A List as a global leader on climate action. Headquartered in Denmark, Ørsted employs 6,600 people. Ørsted's shares are listed on Nasdaq Copenhagen (Orsted). In 2019, the group's revenue was DKK 67.8 billion (EUR 9.1 billion). Visit orsted.com or follow us on Facebook, LinkedIn, Instagram and Twitter.

 

Attachments