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Vow Q1: Extended loan facility and adjusted covenant structure
28 May 2025 07:05 CEST
Issuer
Vow ASA
Oslo, 28 May 2025 - Vow ASA (OSE: VOW) has extended the maturity of its loan
facilities by 12 months, to Q3 2027, and amended covenants with improved
headroom.
Further, the guarantee facility increased from NOK 80 million to NOK 100
million.
For more details, please see note 2 in the Trading update report for Q1 2025
published as a separate stock exchange announcement today.
For more information, please contact:
Gunnar Pedersen, CEO, Vow ASA
Tel: +47 916 30 304
Email: gunnar.pedersen@vowasa.com
Cecilie Brænd Hekneby, CFO, Vow ASA
Tel: +47 992 93 826
Email: cecilie.hekneby@vowasa.com
About Vow
Vow and its subsidiaries Scanship, C.H. Evensen and Etia are passionate about
preventing pollution. The company's world leading solutions convert biomass and
waste into valuable resources and generate clean energy for a wide range of
industries.
Advanced technologies and solutions from Vow enable industry decarbonisation and
material recovery. Biomass, sewage sludge, plastic waste and end-of-life tyres
can be converted into clean energy, low carbon fuels and renewable carbon that
replace natural gas, petroleum products and fossil carbon. The solutions are
scalable, standardised, patented, and thoroughly documented, and the company's
capability to deliver is well proven.
The company is a cruise market leader in wastewater purification and
valorisation of waste. It provides technology and solutions which enable
industries to transition towards a fossil-free future by converting biomass and
waste into valuable resources and clean energy. The company also has strong
niche positions in food safety and robotics, and in heat-intensive industries
with a strong decarbonising agenda.
Located in Oslo, the parent company Vow ASA is listed on the Oslo Stock Exchange
(ticker VOW).
The information is such that Vow ASA is required to disclose in accordance with
the EU Market Abuse Regulation. The information was submitted for publication,
through the agency of the contact person set out above, at 07:05 CET,
28 05 2025.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Vow ASA
Provider
Oslo Børs Newspoint
Company Name
VOW
ISIN
NO0010708068
Symbol
VOW
Market
Euronext Oslo Børs