SCHEDULE: VivoPower Stake Update: KCM Capital, McCarthy Hold 10.7%

KCM Capital Inc., Kent C. McCarthy, and AMC Fund, L.P. jointly report beneficial ownership of 10.7% of VivoPower International PLC's ordinary shares.

Summary

• KCM Capital Inc., Kent C. McCarthy, and AMC Fund, L.P. have jointly filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in VivoPower International PLC.
• The reporting persons collectively beneficially own 1,085,000 Ordinary Shares of VivoPower International PLC.
• This ownership represents 10.7% of the company's outstanding Ordinary Shares.
• The percentage is based on 10,112,212 Ordinary Shares outstanding as of May 1, 2025, as previously reported by the Issuer.
• All 1,085,000 Ordinary Shares are held by AMC Fund, L.P., which is controlled by KCM Capital, Inc., which in turn is controlled by Kent C. McCarthy.
• The reporting persons share both voting and dispositive power over these 1,085,000 shares.
• The shares were not acquired and are not held for the purpose of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 7

Explanation: The disclosure of a significant 10.7% passive stake by a reputable investment group is generally viewed as a positive signal, indicating investor confidence without immediate intentions to influence control. This can provide a degree of stability and validation for the company's current trajectory.

Positives

• A significant beneficial ownership stake of 10.7% by KCM Capital Inc., Kent C. McCarthy, and AMC Fund, L.P. may signal confidence in VivoPower International PLC's long-term prospects.
• The passive nature of the investment, as certified by the filers, suggests a belief in the company's current management and strategic direction without seeking control.

Future Outlook

The filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• The reporting persons certify that, to the best of their knowledge and belief, the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.

Industry Context

This filing represents a standard disclosure of significant passive ownership by an institutional investor and related individuals, a common occurrence in publicly traded companies. It indicates that a substantial portion of the company's shares are held by a single investment group, which can be viewed positively by the market as a sign of investor confidence.

Stakeholder Impact

• Shareholders: The disclosure of a significant passive stake by a major investor can influence market perception and potentially provide a floor for the stock price, signaling long-term interest.
• Management: The certification of passive ownership suggests that current management is not facing an immediate challenge to control, allowing them to focus on executing their strategy.

Key Dates

Recommendation

The filing indicates a significant, passive ownership stake by a notable investment group, which can be interpreted as a vote of confidence in VivoPower International PLC. While this is a positive indicator, a Schedule 13G filing primarily provides ownership information and does not offer sufficient fundamental or operational details to warrant a 'buy' or 'sell' recommendation. For existing shareholders, this news might reinforce a 'hold' position, suggesting stability and long-term interest from a major investor. New investors would need to conduct further due diligence beyond this ownership disclosure.

Keywords

VivoPower International PLC, KCM Capital Inc, Kent C. McCarthy, AMC Fund L.P., Beneficial Ownership, Schedule 13G, Ordinary Shares, Institutional Investor, Passive Investment