VivoPower

VivoPower International Plc operates as a sustainable energy solutions company, which provides customers with turnkey decarbonization solutions that enable them to achieve net zero carbon status. The firm operates through the following segments: Critical Power Services, Electric Vehicles, Sustainable Energy Solutions, Solar Development, and Corporate Office. The Critical Power Services segment focuses on the design, supply, installation, and maintenance of critical power, control and distribution systems, including for solar farms. The Electric Vehicles segment delivers electric vehicles for mining and other rugged industrial customers. The Sustainable Energy Solutions segment engages in the design, evaluation, sale, and implementation of renewable energy infrastructure to customers both on a standalone basis and in support of Tembo Electric Vehicles. The Solar Development segment represented by caret comprises of 12 solar projects in the US. The Corporate Office segment engages in company’s corporate functions, which includes costs to maintain Nasdaq listing, comply with applicable SEC reporting requirements, and related investor relations. The company was founded by Tser Fah Chin on February 1, 2016 and is headquartered in London, the United Kingdom.

VivoPower International Plc is a sustainable energy solutions company, which engages in the customers with turnkey decarbonization solutions that enable them to achieve net zero carbon status. It operates through the following segments: Critical Power Services, Electric Vehicles, Sustainable Energy Solutions, Solar Development, and Corporate Office. The Critical Power Services segment focuses on the design, supply, installation, and maintenance of critical power, control and distribution systems, including for solar farms. The Electric Vehicles segment delivers electric vehicles for mining and other rugged industrial customers. The Sustainable Energy Solutions segment refers to the design, evaluation, sale, and implementation of renewable energy infrastructure to customers both on a standalone basis and in support of Tembo Electric Vehicles. The Solar Development segment represented by caret comprises of 12 solar projects in the US. The Corporate Office segment includes the company’s corporate functions, which refers to the costs to maintain Nasdaq listing, comply with applicable SEC reporting requirements, and related investor relations. The company was founded by Tser Fah Chin on February 1, 2016 and is headquartered in London, the United Kingdom.

Deal for EVs is believed to be the most valuable of its kind in Australasia to date Deal for EVs is believed to be the most valuable of its kind in Australasia to date

VivoPower Signs US$250m Agreement for Its Tembo Toyota Electric Vehicle Solutions

LONDON, Jan. 13, 2021 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is proud to announce that the Company has been ranked number 47 on the “Top Impact Companies” list of 2021 by Real Leaders, the world's first and leading business and sustainable leadership magazine.

VivoPower International PLC Recognized with Real Leaders Top Impact Companies Award

LONDON, Jan. 08, 2021 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”), is pleased to announce it has refinanced its debt with its major shareholder AWN Holdings Limited (“AWN”).

VivoPower International PLC Announces Successful Shareholder Loan Refinancing

LONDON, Dec. 30, 2020 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that its Executive Chairman and Chief Executive Officer, Kevin Chin, has elected to take all of a market-based adjustment to his chairman's fee in VivoPower stock rather than cash. This follows a review by an independent external remuneration advisory group which determined the VivoPower board members were being paid materially below market levels for comparable companies. The total number of restricted stock units (“RSUs”) to be issued to Mr. Chin will be equivalent to 7,788 shares in accordance with the Company's Omnibus Incentive Plan. In addition, the other non-executive directors of VivoPower have also elected to receive all but $2,000 of their adjusted board fees in RSUs, amounting to 7,788 shares each.

VivoPower International PLC Announces Chief Executive Officer Stock Purchase Plans

LONDON, Dec. 23, 2020 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce that the Company and its 51% subsidiary, Tembo e-LV B.V. (“Tembo”), have entered into a non-binding Heads of Agreement (“HoA”) with GB Auto Group Pty Limited and GB Electric Vehicles Pty Ltd (collectively, “GB Auto”) in Australia that will confirm and expand GB Auto's position as the exclusive distributor within Australia for the Tembo electric Toyota Land Cruiser, electric Toyota Hilux, and Tembo electric vehicle conversion kits.

VivoPower International PLC Announces Proposed $250m Australian Distribution Agreement for Tembo Light Electric Vehicles

LONDON, Dec. 01, 2020 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”), is pleased to announce that its wholly-owned subsidiaries in Australia, J.A. Martin Electrical Pty Limited (“J.A. Martin”) and Kenshaw Electrical Pty Limited (“Kenshaw”), have successfully completed a refinancing of their funding facilities.

VivoPower International PLC Announces Successful Refinancing for its Wholly-Owned Subsidiaries in Australia

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LONDON, Nov. 23, 2020 (GLOBE NEWSWIRE) --  VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce the appointment of Martin Bell as the fifth member of the VivoPower Advisory Council.

VivoPower International PLC Announces Appointment of Martin Bell to the Advisory Council

LONDON, Nov. 16, 2020 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce the appointment of Chris Mallios as the fourth member of the VivoPower Advisory Council.

VivoPower International PLC Announces Appointment of Chris Mallios to the Advisory Council

LONDON, Nov. 02, 2020 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce the appointment of Edward Hyams as the third member of the VivoPower Advisory Council.

VivoPower International PLC Announces Appointment of Edward Hyams to the Advisory Council

LONDON, Oct. 19, 2020 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) (“VivoPower” or the “Company”), an international battery technology, electric vehicle, solar and critical power services company, today announced the closing of an underwritten public offering of 2,941,176 of its ordinary shares at a price to the public of $8.50 per share. In addition, the underwriters have exercised an option to purchase an additional 441,174 ordinary shares at the public offering price less the underwriting discounts and commissions. Gross proceeds, before underwriting discounts and commissions and estimated offering expenses, are approximately $28.75 million.  Maxim Group LLC acted as sole book-running manager for the offering.

VivoPower Announces Closing of $28.75 Million Underwritten Public Offering of Ordinary Shares

LONDON, Oct. 16, 2020 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) (“VivoPower”), an international battery technology, electric vehicle, solar and critical power services company, is pleased to announce that Kenshaw Electrical Pty Limited (“Kenshaw”), its wholly-owned subsidiary in Australia, has been awarded a contract by a leading Australian data center to supply and install emergency backup generators.

VivoPower International PLC Announces Latest Data Center Contract 

Shares of VivoPower International PLC plunged 21.5% in afternoon trading Thursday, putting them on track for a fourth-straight loss, after the electric vehicle, solar and battery technology announced the pricing of the upsized public offering of nearly 3 million shares ate a deep discount.

VivoPower's stock plunges toward 4th-straight loss after public share offering prices at deep discount

LONDON, Oct. 14, 2020 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) (“VivoPower” or the “Company”), an international battery technology, electric vehicle, solar and critical power services company, today announced the pricing of an underwritten public offering of 2,941,176 of its ordinary shares at a price to the public of $8.50 per share. Gross proceeds, before underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $25.0 million.  Maxim Group LLC is acting as sole book-running manager for the offering.

VivoPower Announces Pricing of $25.0 Million Underwritten Public Offering of Ordinary Shares

VivoPower International PLC (NASDAQ: VVPR) was one of the biggest winners on Friday after the company announced a definitive agreement for an acquisition. Accordingly, the company will be acquiring a 51% shareholding in Tembo e-LV B.V.

How VivoPower Is Catching a Ride On The Electric Vehicle Wave

VivoPower (VVPR) is leading EV news on Friday following an announcement that it's acquiring a massive stake in EV company Tembo. The post EV News: VivoPower Stock Soars 52% on Tembo Acquisition appeared first on InvestorPlace.

EV News: VivoPower Stock Soars 52% on Tembo Acquisition

Shares of VivoPower International PLC rocketed 42% toward a record high on heavy volume in morning trading Friday, enough to make them the biggest gainers on the Nasdaq exchange, after the electric vehicle, battery technology and solar power services company announced a deal to take a majority stake in Tembo e-LV B.V.

VivoPower's stock rockets toward a record after the EV company buys majority stake in Tembo e-LV

LONDON, Oct. 09, 2020 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) (“VivoPower”) – an international battery technology, electric vehicle, solar and critical power services company is pleased to announce that it has signed a definitive agreement to acquire a 51% shareholding in Tembo e-LV B.V. (“Tembo”).

VivoPower International PLC Executes Definitive Agreement to Acquire 51% of a Light Electric Vehicle Company, Tembo e-LV

LONDON, Sept.  28, 2020  (GLOBE NEWSWIRE) --  VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce the appointment of Kim Lawrence to the VivoPower Advisory Council.

VivoPower International PLC Announces Appointment of Kim Lawrence to the Advisory Council

LONDON, Sept.  21, 2020  (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR) ("VivoPower" or the "Company") is pleased to announce that it has signed a non-binding Letter of Intent (“LOI”) to acquire a 51% shareholding in Tembo 4x4 e-LV B.V. (“Tembo”), a specialist battery-electric and off-road vehicle company with customers globally in the mining, government services (armored cars, police, ambulances, inspection vehicles), game safari and humanitarian aid sectors. The purchase consideration will be USD$4.7 million and VivoPower will have the option to acquire the remaining 49% of Tembo in the future.

VivoPower International PLC Announces Non-Binding LOI to Acquire 51% Shareholding in Tembo 4x4 e-LV B.V.

LONDON, Sept.  15, 2020  (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to announce the formation of the VivoPower Advisory Council with the objective of helping the Company successfully execute on its strategic pivot to commercial electric vehicles and sustainable energy solutions.  In addition, we are delighted to welcome Eric Achtmann as the first member of the Advisory Council.

VivoPower International PLC Announces Establishment of Advisory Council and Appointment of Eric Achtmann

VivoPower International PLC's (VVPR) CEO Kevin Chin on Q4 2020 Results - Earnings Call Transcript

Record annual revenues of $48.7 million, despite COVID-19 lockdowns    Strong turnaround in adjusted EBITDA with an increase of $7.7m to $3.9 million     Strategic pivot to enter commercial electric vehicle (EV) market

VivoPower International PLC Reports Preliminary Unaudited Financial Results For the Fiscal Year Ended June 30, 2020

LONDON, Aug.  21, 2020  (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, “VivoPower”, the "Company”) is pleased to confirm details for the upcoming earnings conference call on Monday, August 24, 2020 at 16:30 EDT /21:30 BST which will be hosted by Kevin Chin, Executive Chairman and Chief Executive Officer of VivoPower alongside other key leaders of the Company.

VivoPower International PLC Earnings Conference Call Details

LONDON, Aug.  20, 2020  (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) ”), an international solar and critical power services company, is pleased to announce that its wholly-owned subsidiary in Australia, J.A. Martin Electrical Pty Limited (“J.A. Martin”) has been awarded a contract by Carroll Cotton Company to complete the engineering, switchboards, switchroom and field installation at Carroll Cotton’s new cotton gin, located in the Upper Namoi Valley of New South Wales.

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