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VivoPower's Independent Directors Approve Commencement Of Shareholder Debt Principal Reduction Plan

Author: Benzinga Newsdesk | July 07, 2025 02:47pm

VivoPower International PLC (NASDAQ:VVPR) ("VivoPower" or the "Company") announced today that its independent directors have approved the commencement of a shareholder debt principal reduction plan. The initial repayment was made to AWN Holdings Limited ("AWN") on July 3, 2025. AWN, a private investment office, is backed by a member of Dubai's Al Maktoum ruling family, signalling institutional and sovereign wealth funding support for VivoPower and its growth objectives.

The unaudited balance of the principal component of the AWN shareholder loan was $28.8 million as of June 30, 2025.

The Company's objective is to retire the AWN shareholder loan in full. This initiative reflects VivoPower's long term commitment to strengthening its balance sheet and optimizing its capital structure, while ensuring adequate financial capacity to support its transformational growth strategies. Execution of this objective remains subject to ongoing approval from the Company's independent directors and the availability of sufficient liquidity.

Posted In: VVPR

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