Brief: Vivopower Announces Plans To Spin Off Majority Of Caret Business Unit Portfolio

VivoPower

27/10/2023 14:10

Oct 27 (Reuters) - VivoPower International PLC  VVPR.O :
    * VIVOPOWER ANNOUNCES PLANS TO SPIN OFF MAJORITY OF CARET
BUSINESS
UNIT PORTFOLIO AND DISTRIBUTION OF SPECIAL DIVIDEND STOCK
    * VIVOPOWER INTERNATIONAL PLC - APPROVED AN EXECUTION PLAN
TO SPIN
OFF MAJORITY OF ITS CARET BUSINESS UNIT'S PORTFOLIO
    * VIVOPOWER INTERNATIONAL PLC - SPIN OFF DOES NOT INCLUDE
TWO
SOLAR PROJECTS (TOTALLING 96.5MW-DC) THAT WERE COMMITTED TO
JOINT VENTURE VALUED AT $7.7M

Source text for Eikon:  ID:nGNX8VvvTW 
Further company coverage:  VVPR.O 

 ((Reuters.Briefs@thomsonreuters.com;))