VivoPower provides clarification re US$180 million enterprise value takeover proposal
1. VivoPower announces a proportional takeover offer by Energi Holdings. 2. Shareholders can sell 8 out of every 10 shares held. 3. Total offer value is US$180m minus net debt, divided by eligible shares. 4. The offer depends on successful due diligence completion. 5. VivoPower focuses on sustainable energy and decarbonisation solutions.