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An update from Vow Green Metals AS ( (DE:9G5) ) is now available.
Vow Green Metals AS has received a voluntary cash offer from Midas Industri AS to acquire all outstanding shares at NOK 0.95 per share, excluding those owned by Rollover Shareholders. The board has recommended shareholders accept the offer, which has already been pre-accepted by holders of approximately 67% of the shares. As of the initial offer period’s expiry, the offeror had received acceptances representing 89.88% of the company’s share capital and voting rights. The offer period has been extended, allowing more shareholders to accept under the same terms.
More about Vow Green Metals AS
Vow Green Metals AS is a company focused on producing biocarbon and other carbon-neutral products to facilitate the green transition in industries that are difficult to decarbonize. Their primary business involves building, owning, and operating biocarbon production plants using advanced pyrolysis technology to convert biomass and biomass waste into biocarbon. The company also produces bio-oil and bioenergy as part of its operations, leveraging proprietary technology and a global project pipeline to maintain a leading position in the market.
Average Trading Volume: 731,035
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