VivoPower provides clarification re US$180 million enterprise value takeover proposal
VivoPower International PLC (Nasdaq: VVPR) has provided clarification regarding a proportional takeover offer from Energi Holdings . The proposal involves a partial buyout where shareholders would sell 8 out of every 10 shares they own at a future record date.
The offer price per share will be calculated by subtracting net debt from US$180 million (enterprise value), divided by the number of eligible ordinary shares at the time. The takeover offer remains subject to satisfactory completion of ongoing due diligence.
VivoPower International PLC (Nasdaq: VVPR) ha fornito chiarimenti riguardo a un'offerta di acquisizione proporzionale da parte di Energi Holdings. La proposta prevede un'acquisizione parziale in cui gli azionisti venderanno 8 delle 10 azioni che possiedono in una data di registrazione futura.
Il prezzo dell'offerta per azione sarà calcolato sottraendo il debito netto da 180 milioni di dollari USA (valore d'impresa), diviso per il numero di azioni ordinarie ammissibili al momento. L'offerta di acquisizione rimane soggetta al completamento soddisfacente della due diligence in corso.
VivoPower International PLC (Nasdaq: VVPR) ha proporcionado aclaraciones sobre una oferta de adquisición proporcional por parte de Energi Holdings. La propuesta implica una compra parcial en la que los accionistas venderán 8 de cada 10 acciones que poseen en una futura fecha de registro.
El precio de oferta por acción se calculará restando la deuda neta de 180 millones de dólares estadounidenses (valor empresarial), dividido por el número de acciones ordinarias elegibles en ese momento. La oferta de adquisición sigue sujeta a la finalización satisfactoria de la debida diligencia en curso.
VivoPower International PLC (Nasdaq: VVPR)는 Energi Holdings의 비례 인수 제안에 대한 설명을 제공했습니다. 이 제안은 주주들이 향후 기록일에 자신이 보유한 10주 중 8주를 매각하는 부분 매수입니다.
주당 제안 가격은 1억 8천만 달러 (기업 가치)에서 순부채를 차감한 후, 해당 시점의 적격 보통주 수로 나누어 계산됩니다. 인수 제안은 진행 중인 실사 완료가 만족스럽게 이루어져야 합니다.
VivoPower International PLC (Nasdaq: VVPR) a fourni des clarifications concernant une offre d'acquisition proportionnelle de Energi Holdings. La proposition implique un rachat partiel où les actionnaires vendront 8 des 10 actions qu'ils détiennent à une date d'enregistrement future.
Le prix de l'offre par action sera calculé en soustrayant la dette nette de 180 millions de dollars américains (valeur d'entreprise), divisé par le nombre d'actions ordinaires éligibles à ce moment-là. L'offre d'acquisition reste soumise à l'achèvement satisfaisant de la due diligence en cours.
VivoPower International PLC (Nasdaq: VVPR) hat Klarstellungen zu einem proportionalen Übernahmeangebot von Energi Holdings abgegeben. Der Vorschlag sieht eine partielle Übernahme vor, bei der Aktionäre 8 von 10 Aktien, die sie besitzen, zu einem zukünftigen Stichtag verkaufen.
Der Angebotspreis pro Aktie wird berechnet, indem die Nettoverschuldung von 180 Millionen US-Dollar (Unternehmenswert) abgezogen und durch die Anzahl der zu diesem Zeitpunkt berechtigten Stammaktien geteilt wird. Das Übernahmeangebot steht weiterhin unter dem Vorbehalt einer zufriedenstellenden Durchführung der laufenden Due Diligence.
- Enterprise value of US$180 million represents a clear valuation benchmark
- Shareholders retain 20% ownership stake post-transaction
- Due diligence process actively progressing
- Mandatory sale of 80% of shareholding may limit upside potential
- Final share price uncertain due to net debt deduction
- Deal completion subject to due diligence conditions
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
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. The current proposal is for this amount to be computed as US
The proportional takeover offer is subject to and conditional upon the satisfactory completion of due diligence, which is progressing at the date of this update.
About VivoPower
Established in 2014 and listed on Nasdaq since 2016, VivoPower is an award-winning global sustainable energy solutions B Corporation company focussed on electric solutions for off-road and on-road customised and ruggedised fleet applications as well as ancillary financing, charging, battery and microgrids solutions. VivoPower’s core purpose is to provide its customers with turnkey decarbonisation solutions that enable them to move toward net-zero carbon status. VivoPower has operations and personnel covering Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates.
Forward-Looking Statements
This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterisations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.
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