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The latest update is out from Vow Green Metals AS ( (DE:9G5) ).
Vow Green Metals AS has received a voluntary cash offer from Midas Industri AS to acquire all outstanding shares, except those held by Rollover Shareholders, at NOK 0.95 per share. The board has unanimously recommended the offer, which has been pre-accepted by shareholders holding approximately 67% of the shares. The offer period is set to expire on 23 June 2025, and following the acquisition, Midas Industri AS plans to carry out a compulsory acquisition of remaining shares and delist the company from Euronext Growth Oslo.
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, bio-oil, and bioenergy. The company aims to replace fossil-reduction agents in the metallurgical industry and maintains a first-mover position in a growing market with its proprietary technology and global project pipeline.
YTD Price Performance: 37.10%
Average Trading Volume: 742,803
Find detailed analytics on 9G5 stock on TipRanks’ Stock Analysis page.