Sustainable energy solutions company VivoPower International Plc (VVPR) is up 9 percent on Wednesday trading as the company said that Executive Chairman and CEO, Kevin Chin, has increased his shareholding in the Company by 328,888 shares. This represents about 1.8 percent of the issued company shares.
This was made possible 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 and through market share purchases during an open trading window.
The stock ended Wednesday's trade at $7.98, up $0.68 or 9% on the NASDAQ. VVPR has traded between $1.27 and $24.33 during the past 52 weeks.
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