VivoPower has announced that Executive Chairman and CEO, Kevin Chin, has increased his shareholding in the company by 328,888 shares (representing approximately 1.8% of the issued shares of the company). This has been effected through the election of receipt of VivoPower shares as a result of the settlement of a default loan obligation owing to Arowana Partners Group Pty Ltd (an entity associated with Mr. Chin) outlined on page 30 of the Company’s 2019 Annual Report as well as through market share purchases during an open trading window.Â
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