Oslo, 15 July 2025: Reference is made to the publication of Vow ASA’s (the "Company") (OSE ticker: VOW) Q1 2025 report published 28 May 2025 (the "Q1 Report"). The Company has identified a technical accounting error in the Q1 Report, resulting in an overstatement of NOK 16 million in the EBITDA reported for the period, primarily affecting the Industrial segment. In addition, the Company expects to record a one-off EBITDA charge in the H1/Q2 2025 accounts for an amount in the range of NOK 30-35 million. The one-off EBITDA charge is an accounting adjustment with no cash effect and related to technical reporting of progress of costs in projects.
Oslo, 30 June 2025 | Vow ASA (OSE: VOW) is pleased to confirm receipt of settlement for the sale of its shares held in Vow Green Metals AS (“VGM”), and that the convertible loan to VGM has been repaid in full.
Ulf Tore Hekneby, close associate of Cecilie Brænd Hekneby, CFO in Vow ASA, has purchased 81 311 shares. After this transaction, Mr. Hekneby and close associates own 2 351 311 shares in the Company.