VivoPower International PLC announced on July 7, 2025, that its independent directors have approved the commencement of a shareholder debt principal reduction plan. The initial repayment was made to AWN Holdings Limited on July 3, 2025.
The unaudited balance of the principal component of the AWN shareholder loan was US$28.8 million as of June 30, 2025. VivoPower's objective is to retire the AWN shareholder loan in full, demonstrating a commitment to strengthening its balance sheet.
This initiative aims to optimize the company's capital structure and ensure adequate financial capacity to support its transformational growth strategies. The execution of this objective remains subject to ongoing approval from independent directors and the availability of sufficient liquidity.
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