Vestas - Transactions in connection with share buy
Post# of 301275
Aarhus, Denmark, 2017-03-06 13:48 CET (GLOBE NEWSWIRE) --
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 27 February 2017 to 3 March 2017:
| Number of shares | Weighted average purchase price, DKK | Transaction value, DKK | |
| 27 February 2017 | 30,500 | 517.40 | 15,780,782 |
| 28 February 2017 | 32,010 | 515.44 | 16,499,353 |
| 01 March 2017 | 8,530 | 525.73 | 4,484,440 |
| 02 March 2017 | 29,075 | 526.50 | 15,307,985 |
| 03 March 2017 | 18,760 | 521.14 | 9,776,669 |
| Accumulated under the programme | 438,488 | 515.64 | 226,103,634 |
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
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