VIVOPOWER INTERNATIONAL PLC overview

Investment commitment secured from private investment office backed by member of ruling Al Maktoum family of Dubai Initial US$7.5m investment milestones previously met as part of US$10 million commitment Tembo has now met milestones to qualify for the final follow-on investment of US$2.5 million, for an aggregate total investment of US$10 million LONDON, April 08, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR, “VivoPower” or the “Company”) is pleased to announce that...

LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”, "VivoPower") today announced that its Board of Directors (the "Board") has authorized 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 common stock. The Stock Buyback Program has an expiration date of April 3, 2025 and may be suspended,...

Tembo E-LV (“Tembo”), a subsidiary of VivoPower International PLC (“VivoPower”), will merge with CCTS (“ Cactus Acquisition Corp. 1 Limited”), a NASDAQ-listed company. Tembo will be the surviving entity and upon closing, will change its name to Tembo Group. CCTS has $25m of cash on its balance sheet, as of its last quarterly filing. VivoPower shareholders on the final record date will receive 5 Tembo Group shares for each 1 VivoPower share held. Final Business Combination Agreement,...

Access Industrial Mining Inc (“Access”) in Canada is the inaugural partner to receive shipment Founded in 1998, Access is a key distributor and supplier to the Canadian mining and industrial sectors Previously signed Definitive Agreement for 1,675 EUV conversion kits over five years LONDON, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Tembo E-LV BV (“Tembo”), a subsidiary of the Nasdaq listed B Corp, VivoPower International PLC (Nasdaq: VVPR, “VivoPower” or the “Company”), is pleased to...

Orders pursuant to Tembo’s previously announced joint venture with Francisco Motors Established in 1947, Francisco Motor Corporation is the original pioneering jeepney manufacturer Total addressable market to electrify 200,000 existing jeepneys estimated to be worth US$10bn+ LONDON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Tembo E-LV BV (“Tembo”), a subsidiary of the NASDAQ listed B Corp, VivoPower International PLC (Nasdaq: VVPR, “VivoPower”), announced today that, pursuant to its definitive...

LONDON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR, the “Company” or “VivoPower”) today announced its half year unaudited preliminary results for the six months ended December 31, 2023. Highlights for the half year ended December 31, 2023 Revenue from continuing operations declined to $5.9 million, from $8.7 million in the half year ended December 31, 2022, reflecting a disciplined refocus on profitable revenues, especially from the Critical Power...

Investment secured from private investment office backed by member of ruling Al Maktoum family of Dubai Initial US$2.5 million investment made in June 2023 included an option to increase investment to up to US$10 million based on meeting certain milestones Tembo has now met milestones to qualify for additional follow-on investment of US$5 million, for an aggregate total investment to date of US$7.5 million LONDON, Jan. 11, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR,...

LONDON, Dec. 18, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, “VivoPower”, the “Company”) has announced that Executive Chairman and CEO, Kevin Chin, is increasing his individual shareholding in the Company by 125,000 shares, representing approximately 4% of the undiluted number of issued and outstanding shares of the Company. This is through a voluntary election to receive his CEO salary since 1 July 2023 in the form of ordinary shares in VivoPower and was approved...