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