Vow ASA's Board Member Expands Stake in Innovative Company
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Vow ASA Board Member Increases Shareholding
In an exciting development for Vow ASA, board member Thomas Borgen has acquired 25,000 shares through his associated company, TFBConsulting AS. This strategic move demonstrates his strong commitment to the company's growth and sustainability initiatives.
Significant Share Ownership After Transaction
With this recent purchase, Mr. Borgen, along with his close associates, now holds a total of 123,000 shares in Vow ASA. This significant stake reflects confidence in the company’s strategy and future potential in the renewable energy sector.
About Vow ASA
Vow ASA, based in Oslo, is a provider of advanced technological solutions that address pollution and promote resource recovery. The company operates alongside its subsidiaries—Scanship, C.H. Evensen, and Etia—by developing innovative methods to transform biomass, waste, and other materials into invaluable resources, thereby generating clean energy.
Innovative Solutions for a Sustainable Future
Vow ASA has pioneered technologies that facilitate industry decarbonisation. Its processes convert biomass, sewage sludge, plastic waste, and even end-of-life tyres into clean energy, renewable fuels, and renewable carbon. All solutions are scalable, patented, and have established efficacy in the field.
Industry Impact and Niche Markets
Vow ASA stands out as a leader in wastewater purification within the cruising sector and specializes in transforming waste products into eco-friendly solutions. The company enables industries to transition towards a fossil-free future, showcasing its commitment to fostering a sustainable environment.
A Leader in Compliance and Innovation
As part of its responsibilities, Vow ASA complies with disclosure requirements under the EU Market Abuse Regulation and Norwegian Securities Trading Act. This ensures transparency in all transactions and reinforces trust among stakeholders.
Contact Information
For further inquiries, feel free to reach out:
Tina Tønnessen, CFO, Vow ASA
Tel: +47 40 63 95 56
Email: tina.tonnessen@vowasa.com
Frequently Asked Questions
What recent transaction did Thomas Borgen execute?
Thomas Borgen purchased 25,000 shares of Vow ASA through TFBConsulting AS, increasing his total ownership to 123,000 shares.
What does Vow ASA focus on?
Vow ASA focuses on innovative solutions for pollution prevention, converting waste materials into valuable resources and clean energy.
How is Vow ASA contributing to a sustainable future?
Vow ASA’s technologies facilitate the decarbonisation of various industries, turning biomass and waste into renewable fuels and clean energy sources.
Which markets does Vow ASA serve?
Vow ASA caters to sectors such as wastewater purification, food safety, and industries aiming for decarbonisation and waste valorisation.
Where is Vow ASA listed?
The company is listed on the Oslo Stock Exchange under the ticker VOW, reflecting its commitment to sustainable and innovative practices.
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