| VivoPower Advances US$180 Million Non-Binding Takeover with Successful Completion of First Phase of Due Diligence |
Phase I due diligence successfully completed on schedule; Phase II of due diligence to be completed by 2 June 2025 LONDON, May 08, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, “VivoPower” or the “Company”) today announced that Energi Holdings Limited (“Energi”) has advised the Company of the successful completion of the first phase of due diligence in connection with the previously disclosed non-binding proportional takeover at an enterprise value of US$180 million. Energi, headquartered in Abu Dhabi, is a global energy solutions company with US$1 billion in annual revenues and operations spanning the Middle East, Africa, South Asia, Europe, and Southeast Asia (www.energi.ae). |
globenewswire.com |
2025-05-08 13:15:00 |
Czytaj oryginał (ang.) |
| Vivopower's Tembo Secures Definitive Order from The Safari Collection in Africa |
The Safari Collection is a world-renowned luxury safari company and owner of the Giraffe Manor This is another leading safari company in Africa that has placed an order with Tembo The first order was from Asilia Africa announced in February 2025 Tembo's solutions selected to drive sustainable safari experiences across Kenya LONDON, April 28, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that its wholly-owned subsidiary, Tembo e-LV, has secured an inaugural order for its EV conversion kits from The Safari Collection, owner of luxury properties in Kenya, including the Giraffe Manor, Sasaab, Sala's Camp and Solio Lodge. Established in 2009 by conservationists and safari entrepreneurs, Tanya and Mikey Carr-Hartley, The Safari Collection is a privately owned portfolio of distinctive luxury camps and lodges set in some of the most breathtaking locations across Kenya. |
globenewswire.com |
2025-04-28 13:30:00 |
Czytaj oryginał (ang.) |
| VivoPower provides clarification re US$180 million enterprise value takeover proposal |
Proportional takeover offer is a buyout for 8 out of 10 shares held by shareholders at a record date Amount to be offered per share to be computed as US$180m less net debt divided by number of eligible ordinary shares at the time LONDON, April 14, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) hereby provides an update and clarification regarding the proportional takeover offer from Energi Holdings Limited (“Energi”) following queries from several shareholders. The proportional takeover offer is a partial buyout that would result in each shareholder at a record date to be set in the future, being offered an amount to acquire 8 out of every 10 shares that they hold. |
globenewswire.com |
2025-04-14 16:39:00 |
Czytaj oryginał (ang.) |
| VivoPower Provides Further Updates with Respect to Non-Binding US$180 Million Takeover Proposal and Business Unit Spin-Offs |
VivoPower to remain listed on Nasdaq and spin-off Tembo and Caret Digital as part of a revised US$180 million takeover proposal |
globenewswire.com |
2025-04-09 14:11:00 |
Czytaj oryginał (ang.) |
| VivoPower Confirms Continuation of Proposed US$180 Million Takeover Process: US Tariffs Not Expected to Affect Tembo Business |
VivoPower and Energi Holdings, which has made an all-cash offer at a premium to market to acquire the Company, are progressing to the next step—the exclusive due diligence period |
globenewswire.com |
2025-04-07 15:33:00 |
Czytaj oryginał (ang.) |
| VivoPower Provides Update on Non-Binding Takeover Offer at Enterprise Value of US$180 Million and Tembo Business Combination Agreement at Combined Enterprise Value of US$904 Million |
LONDON, April 02, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company") hereby provides an update on the non-binding takeover offer from Energi Holdings Limited (“Energi”) to acquire the non-affiliated shareholders of VivoPower at an enterprise valuation of US$180 million and the Tembo business combination agreement with Cactus Acquisition Corporation 1 Limited (“CCTS”) at a combined enterprise valuation of US$904 million, assuming no public trust redemptions for CCTS. |
globenewswire.com |
2025-04-02 18:10:00 |
Czytaj oryginał (ang.) |
| VivoPower to Grant Energi Exclusivity Period Subject to Sweetened Takeover Proposal |
VivoPower International agreed to grant Energi Holdings an eight-week exclusivity period to conduct due diligence subject to Energi increasing its non-binding takeover proposal to an enterprise valuation of $180 million from $120 million. |
marketwatch.com |
2025-03-27 17:04:00 |
Czytaj oryginał (ang.) |
| VivoPower Agrees to Grant Exclusivity to Energi Subject to Increase in Non-Binding All-Cash Takeover Offer to Enterprise Value of US$180 Million |
LONDON, March 27, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company") has agreed to grant Energi Holdings Limited (“Energi”) an exclusivity period of 8 weeks to conduct due diligence subject to Energi increasing its non-binding all-cash takeover proposal to acquire the non-affiliated shareholders of VivoPower at an enterprise valuation of US$180 million. This represents an increase from US$120 million. |
globenewswire.com |
2025-03-27 15:15:00 |
Czytaj oryginał (ang.) |
| VivoPower in Advanced Bilateral Negotiations on All-Cash Takeover Offer at Enterprise Value of US$120 Million |
LONDON, March 26, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company") is pleased to update that it is in advanced bilateral negotiations with Energi Holdings Limited (“Energi”) in relation to its unsolicited non-binding takeover proposal. Energi is an Abu Dhabi-headquartered energy solutions company established in 2014 with US$1 billion of revenues and offices in the Middle East, Africa, South Asia, Europe, and Southeast Asia ( www.energi.ae ). |
globenewswire.com |
2025-03-26 11:25:00 |
Czytaj oryginał (ang.) |
| VivoPower Receives Non-Binding All Cash Takeover Offer at Enterprise Value of US$120 Million |
Unsolicited takeover proposal is not hostile and from an Emirates headquartered energy solutions group Proposal encompasses the buyout of all non-affiliated free float shares and the privatization of VivoPower LONDON, March 24, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company") confirmed today that it has received an unsolicited non-binding takeover proposal from Energi Holdings Limited (“Energi”), an Abu Dhabi headquartered energy solutions company established in 2014 with US$1 Billion of revenues and offices in the Middle East, Africa, South Asia, Europe and Southeast Asia (www.energi.ae). The unsolicited takeover proposal is an all-cash offer for all non affiliated free float shares of VivoPower at an enterprise value of US$120 million and is subject to due diligence. |
globenewswire.com |
2025-03-24 15:45:00 |
Czytaj oryginał (ang.) |
| Tembo E-LV Progresses Business Combination Agreement with CCTS at a Combined Enterprise Value Of US$904m |
Business Combination Agreement with CCTS originally announced in August 2024 Combined pro forma enterprise value of US$904m assumes no public trust redemptions for CCTS Parties working to close the transaction by Q2, calendar 2025 LONDON, March 21, 2025 (GLOBE NEWSWIRE) -- Tembo E-LV B.V. (“Tembo”), a subsidiary of Nasdaq-listed B Corporation, VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company"), today announced that it is working closely with CCTS (“Cactus Acquisition Corp. 1 Limited”), a Cayman Islands exempted special purpose acquisition company to progress towards a closing of the Business Combination by Q2, calendar 2025. |
globenewswire.com |
2025-03-21 11:15:00 |
Czytaj oryginał (ang.) |
| VivoPower International PLC Announces Intent to Spin-Off of Caret Digital via a Direct Listing on Nasdaq and Dividend Share Distribution |
VivoPower subsidiary, Caret Digital, to be spun off via a direct Nasdaq listing VivoPower shareholders as of a future record date, to receive 5 Caret Digital dividend shares per VivoPower share held Implied market capitalisation of $250m (subject to change depending on market conditions and quantum of capital raising) Caret Digital to focus on Dogecoin (DOGE) mining with BTC conversion to optimize returns and yield LONDON, March 20, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company") announced today that it has engaged advisors to support in executing its plan to spin off its subsidiary, Caret LLC ("Caret Digital"), through a direct listing on the Nasdaq Stock Market (“Nasdaq”). The decision to effectuate a spin off via a direct listing rather than a reverse merger is based on expediency and efficiency in relation to cost and timeline, as well as the ability to more readily distribute dividend shares to VivoPower shareholders. |
globenewswire.com |
2025-03-20 11:25:00 |
Czytaj oryginał (ang.) |
| VIVOPOWER ACTIVATES AND EXTENDS STOCK BUYBACK PROGRAM OF UP TO US$5 MILLION (UPDATED) |
Stock Buyback Program commencing from today, with broker engaged to execute any open market purchases Stock Buyback Program previously announced in April 2024 to be extended for an additional 15 months to June 30, 2026 LONDON, March 10, 2025 (GLOBE NEWSWIRE) -- VivoPower International (Nasdaq: VVPR) ("VivoPower" or the "Company") today announced that its Board of Directors (the "Board") has authorized the extension of a capital management strategy including a stock buyback program (the "Stock Buyback Program") pursuant to which the Company is authorized to purchase up to US$5 million of the Company's outstanding ordinary shares. The Stock Buyback Program now has an updated expiration date of June 30, 2026, and maybe suspended, terminated, amended or modified by the Board at any time without prior notice at the Board's discretion. |
globenewswire.com |
2025-03-10 11:25:00 |
Czytaj oryginał (ang.) |
| VIVOPOWER ACTIVATES AND EXTENDS STOCK BUYBACK PROGRAM OF UP TO US$5 MILLION |
Stock Buyback Program commencing from today, with broker engaged to execute any open market purchases Stock Buyback Program previously announced in April 2024 to be extended for an additional 12 months to April 2026 LONDON, March 07, 2025 (GLOBE NEWSWIRE) -- VivoPower International (Nasdaq: VVPR) ("VivoPower" or the "Company") today announced that its Board of Directors (the "Board") has authorized the extension of a capital management strategy including a stock buyback program (the "Stock Buyback Program") pursuant to which the Company is authorized to purchase up to US$5 million of the Company's outstanding ordinary shares. The Stock Buyback Program now has an updated expiration date of April 3, 2026, and maybe suspended, terminated, amended or modified by the Board at any time without prior notice at the Board's discretion. |
globenewswire.com |
2025-03-07 17:30:00 |
Czytaj oryginał (ang.) |
| VivoPower's Tembo signs Definitive Supply Agreement with pre-eminent African safari operator Asilia Africa |
First phase of Definitive Supply Agreement will see Tembo deliver its EUV25 EPower conversion kits for Asilia's fleet of Landcruisers, commencing from February 2025 |
globenewswire.com |
2025-02-10 17:30:00 |
Czytaj oryginał (ang.) |
| VivoPower's Tembo Tuskers order and deliveries on schedule for February 2025, from Sydney, Australia |
Delivery of 25 Tusker vehicles includes next gen model with upgraded cruise control, safety and multimedia features from February 2025 |
globenewswire.com |
2025-01-22 17:45:00 |
Czytaj oryginał (ang.) |
| VivoPower's Caret Digital Secures CAD$140m Definitive Binding Investment Commitment from Global Alternative Investment Group, GEM Global Yield LLC SCS |
The investment commitment is in the form of a share subscription facility from GEM Global Yield LLC SCS (“GGY”) and is subject to a separate listing of Caret Digital on a Canadian stock exchange |
globenewswire.com |
2025-01-13 09:59:00 |
Czytaj oryginał (ang.) |
| VivoPower Recognised as a 2025 Real Leaders Top Impact Company |
VivoPower ranks in the top impact companies globally for the 5 th year in a row For 2025 onwards, Real Leaders Top Impact Companies competition rules apply stricter criteria Recognition reflects VivoPower's commitment to its core purpose and status as a leading B Corp LONDON, Jan. 08, 2025 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: “VVPR”) (the “Company” or “VivoPower”) is pleased to announce its inclusion in the prestigious Real Leaders Top Impact Companies for 2025. This accolade recognizes VivoPower's unwavering commitment to driving positive change through innovation, environmental stewardship, and social responsibility. |
globenewswire.com |
2025-01-08 17:55:00 |
Czytaj oryginał (ang.) |
| Results of Annual General Meeting |
All six resolutions were approved by the majority of shareholders Shareholder voting approvals ranged between 92% and 99% of votes cast LONDON, Jan. 02, 2025 (GLOBE NEWSWIRE) -- On December 30, 2024, VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) held its annual general meeting of shareholders (the "Meeting”). At the Meeting, the Company's shareholders voted on the following six resolutions: 1. |
globenewswire.com |
2025-01-02 10:30:00 |
Czytaj oryginał (ang.) |
| VivoPower completes filing of 2024 Annual Report on Form 20-F |
Filing follows successful completion of the independent audit for the year ended 30 June 2024 Prior non-compliance with NASDAQ listing requirements due to delayed filing has been remedied LONDON, Dec. 19, 2024 (GLOBE NEWSWIRE) -- On December 19, 2024, VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company") filed its 2024 Annual Report on Form 20-F. This follows the successful completion of the independent audit for the year ended 30 June 2024. |
globenewswire.com |
2024-12-19 19:42:00 |
Czytaj oryginał (ang.) |
| Vivopower Receives Notification of Recompliance with Nasdaq's Minimum Bid Price Rule |
LONDON, Dec. 11, 2024 (GLOBE NEWSWIRE) -- On December 10, 2024, VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company") received a letter from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company's common stock has maintained a minimum bid closing price of $1.00 per share or greater for 10 consecutive business days. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2). |
globenewswire.com |
2024-12-11 10:30:00 |
Czytaj oryginał (ang.) |
| VivoPower to host Annual General Meeting on December 30, 2024 in London |
London, Dec. 06, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) (the “Company” or “VivoPower”) is pleased to announce that it will hold its Annual General Meeting (“AGM”) at its offices in London on Monday, December 30, 2024, at 1:00 p.m. London time. |
globenewswire.com |
2024-12-06 17:42:00 |
Czytaj oryginał (ang.) |
| VivoPower's Tembo to launch EUV25 EPower kits for Landcruisers at Automechanika Dubai 2024, with an estimated 60,0000 attendees from 160 countries |
EUV25 EPower kit is the next-generation electric conversion kit for Landcruisers Automechanika Dubai to be held from 10-12 December 2024 Estimated 60,000 attendees from over 160 countries registered to attend Automechanika Dubai is the largest automotive aftermarket solutions show in the region Tembo to follow up by hosting regional off-road drive days in the first quarter of calendar 2025 LONDON, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Tembo e-LV B.V. (“Tembo”), a subsidiary of Nasdaq-listed B Corporation, VivoPower International PLC (Nasdaq: VVPR) (“VivoPower”), is pleased to announce that it will be launching its next-generation EUV25 EPower conversion kit for Landcruisers at Automechanika Dubai 2024. |
globenewswire.com |
2024-12-06 10:45:00 |
Czytaj oryginał (ang.) |
| VivoPower International PLC (VVPR) Q4 2024 Earnings Call Transcript |
VivoPower International PLC (NASDAQ:VVPR ) Q4 2024 Earnings Conference Call December 5, 2024 4:45 PM ET Corporate Participants Conference Call Participants Unidentified Company Representative Hello everybody, welcome to the strategic update presentation for Vivo Power. Today's the 5th of December. |
seekingalpha.com |
2024-12-05 23:14:47 |
Czytaj oryginał (ang.) |
| Vivopower Announces Date For 20-F Annual Results and Strategic Update Presentation |
Webcast of the presentation will be held on Thursday December 5, 2024 at 4:45 PM Eastern Time Key strategic updates will also be provided during the call, including in relation to Caret Digital and Tembo transactions London, Nov. 29, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: “VVPR”) (the “Company” or “VivoPower”) is pleased to confirm that it will host a presentation in relation to its 20-F annual results and key strategic developments on Thursday, December 5, 2024, at 4:45 p.m. Eastern Time. |
globenewswire.com |
2024-11-29 11:00:00 |
Czytaj oryginał (ang.) |
| VivoPower International PLC To File 20-F Annual Report and Fulfil NASDAQ Compliance Requirements |
VivoPower is on target to file its 20-F by November 29, 2024, and fulfil compliance with NASDAQ 20-F filing requirements 20-F filing delay has been due to material strategic changes, including sale of Aevitas businesses, the Tembo business combination agreement, and other previously announced strategic updates Upon filing its 20-F Annual Report, the Company will then be able to deliver its annual shareholder update call LONDON, Nov. 25, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: “VVPR”) (the “Company” or “VivoPower”) is on track to file its Annual Report on Form 20-F for the fiscal year ending June 30, 2024, no later than November 29, 2024, in compliance with NASDAQ's filing requirements. The delay in filing the Form 20-F has been primarily due to significant strategic changes, including the sale of the Aevitas critical power businesses, the business combination agreement involving Tembo e-LV B.V. |
globenewswire.com |
2024-11-25 05:45:00 |
Czytaj oryginał (ang.) |
| VivoPower International PLC Receives Notice from Nasdaq Regarding Compliance with Form 20-F Filing Requirements |
Delay in filing form 20F has been due to the significant strategic changes pursuant to a previously announced strategic review Notification does not affect the Company's current listing status Company has been provided until 20 January 2025 to submit a plan to regain compliance VivoPower is targeting filing its 20F before the end of this month and will regain compliance upon such filing LONDON, Nov. 22, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: “VVPR”) (the “Company” or “VivoPower”) received a letter (the “Notice”) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, due to the Company's delay in filinge its Form 20-F for the period ending June 30, 2024 (the “Filing”), the Company does not presently complywith Nasdaq Listing Rule 5250(c)(1) for continued listing. Nasdaq's notice does not affect the Company's current listing status, and the Company's common stock remains listed on the Nasdaq Capital Market. |
globenewswire.com |
2024-11-22 21:40:00 |
Czytaj oryginał (ang.) |
| VIVOPOWER'S TEMBO SECURES FULL ON ROAD HOMOLOGATION FOR ITS TEMBO TUSKER 100% ELECTRIC VEHICLES IN US$10 bn AUSTRALASIAN PICK UP TRUCK MARKET |
Tembo Tusker is only the 2 nd full electric utility vehicle pick up truck to receive full on road homologation VTA regulatory approval in Australia |
globenewswire.com |
2024-11-18 09:50:00 |
Czytaj oryginał (ang.) |
| VivoPower's Tembo announces definitive agreement with pre-eminent jeepney group, Sarao Motors, in the Philippines' estimated US$10bn jeepney market |
Iconic jeepneys are the main form of public transport in the Philippines, with over 200,000 in service Jeepneys account for approximately one-third of carbon emissions in the country Established in 1953, Sarao Motors is the Philippines' pre-eminent jeepney group Sarao Motors selected Tembo to be its exclusive partner to provide electric jeepneys Tembo will continue to be able to work with other companies to provide electric jeepney solutions LONDON, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Tembo E-LV B.V. (“Tembo”), a subsidiary of Nasdaq-listed B Corporation, VivoPower International PLC (Nasdaq: VVPR) (“VivoPower”), is very pleased to announce its definitive partnership agreement with the iconic Philippine jeepney manufacturer Sarao Motors (“Sarao”). |
globenewswire.com |
2024-10-03 14:08:00 |
Czytaj oryginał (ang.) |
| VivoPower decides to close F-1 offering, after successfully raising $4m in gross proceeds from institutional investors |
Issue of common stock only Funds will be used to reduce debt and fund inventory for customer orders Transition to capital light business model significantly reduces funding requirements LONDON, Sept. 30, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) ("VivoPower"), a global sustainable energy solutions company, is pleased to announce it has closed its F-1 offering, after the issuance of an aggregate of 3,200,000 Ordinary Shares to institutional investors. |
globenewswire.com |
2024-09-30 17:57:00 |
Czytaj oryginał (ang.) |
| Top 2 Utilities Stocks That Could Blast Off This Quarter |
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies. |
benzinga.com |
2024-09-30 12:32:06 |
Czytaj oryginał (ang.) |
| (UPDATED) VIVOPOWER AND FUTURE AUTOMOTIVE SOLUTIONS TECHNOLOGIES (FAST) PROFORMA $1.13BN MERGED ENTITY TO BE UK HEADQUARTERED TO QUALIFY FOR $21BN GOVERNMENT CLEAN ENERGY INVESTMENT PROGRAMS |
UK remains attractive market for hydrogen companies with significant incentives introduced and announced by UK Government |
globenewswire.com |
2024-09-26 12:50:00 |
Czytaj oryginał (ang.) |
| VivoPower, Future Automotive combined company to be headquartered in UK |
Power infrastructure developer VivoPower International said on Wednesday that the combined company, following its merger with Future Automotive Solutions and Technologies (FAST), would be headquartered in the United Kingdom. |
reuters.com |
2024-09-25 22:28:52 |
Czytaj oryginał (ang.) |
| VivoPower and Future Automotive Solutions and Technologies (FAST) Pro Forma US$1.13bn merged entity to be headquartered in the UK in an effort to qualify for $21bn government clean energy investment programmes |
UK remains attractive market for hydrogen companies with significant incentives introduced and announced by UK Government |
globenewswire.com |
2024-09-25 20:20:00 |
Czytaj oryginał (ang.) |
| UK's VivoPower to combine with Canadian hydrogen technology firm in $1.13 bln deal |
Power infrastructure developer VivoPower International said on Tuesday it has signed a non-binding agreement to merge with Canada's Future Automotive Solutions and Technologies (FAST), which would create a $1.13 billion combined company. |
reuters.com |
2024-09-17 13:54:43 |
Czytaj oryginał (ang.) |
| VivoPower secures Mpox diagnostic tests distribution heads of agreement for Singapore, Hong Kong and Australia with Sansure Biotech Inc |
Sansure Biotech Inc (“Sansure”) is a US$1.4bn market capitalisation in vitro diagnostic solutions company listed on Shanghai Stock Exchange |
globenewswire.com |
2024-09-16 13:05:00 |
Czytaj oryginał (ang.) |
| VivoPower International PLC Reports Preliminary Estimated Unaudited Financial Results for the Fiscal Year Ended June 30, 2024 |
Annual consolidated revenue of $11.8 million down 22% year-on-year (“y-o-y”) reflecting a strategic focus towards the Electric Vehicle and Sustainable Energy Solutions business units and discontinuation and sale of Critical Power business units in Australia |
globenewswire.com |
2024-08-30 21:05:00 |
Czytaj oryginał (ang.) |
| Tembo E-LV, a subsidiary of Nasdaq-listed VivoPower International PLC (“VVPR”) executes a definitive Business Combination Agreement with CCTS for a combined enterprise value of US$904 million |
Independent third-party fairness opinion was obtained and satisfactorily completed Pro forma fully diluted combined enterprise value assumes no public trust redemptions |
globenewswire.com |
2024-08-29 12:20:00 |
Czytaj oryginał (ang.) |