| Investment in subsidiaries |
13. Investment in subsidiaries
The
principal operating undertakings in which the Group’s interest at December 31, 2023 is 20% or more are as follows:
Schedule
of investments in subsidiaries
| Subsidiary Undertakings | |
Percentage of shares held | | |
Registered address |
| VivoPower International Services Limited | |
| 100 | % | |
28 Esplanade, St Helier, Jersey, JE2 3QA |
| VivoPower USA, LLC | |
| 100 | % | |
|
| VivoPower US-NC-31, LLC | |
| 100 | % | |
|
| VivoPower US-NC-47, LLC | |
| 100 | % | |
251 Little Falls Drive, Wilmington, DE, USA 19808 |
| VivoPower (USA) Development, LLC | |
| 100 | % | |
|
| Caret, LLC (formerly Innovative Solar Ventures I, LLC) | |
| 100 | % | |
|
| Caret Decimal, LLC | |
| 100 | % | |
|
| VivoPower Pty Ltd | |
| 100 | % | |
|
| Aevitas O Holdings Pty Ltd | |
| 100 | % | |
|
| Aevitas Group Limited | |
| 100 | % | |
|
| Aevitas Holdings Pty Ltd | |
| 100 | % | |
153 Walker St, North Sydney NSW, Australia 2060 |
| Electrical Engineering Group Pty Limited | |
| 100 | % | |
|
| Kenshaw Solar Pty Ltd (formerly J.A. Martin Electrical Pty Limited) | |
| 100 | % | |
|
| Kenshaw Electrical Pty Limited | |
| 100 | % | |
|
| Tembo EV Australia Pty Ltd | |
| 100 | % | |
|
| VivoPower Philippines Inc. | |
| 64 | % | |
Unit 10A, Net Lima Building, 5th Avenue cor. 26th Street, |
| VivoPower RE Solutions Inc. | |
| 64 | % | |
E-Square Zone, Crescent Park West, Bonifacio Global City, |
| V.V.P. Holdings Inc. * | |
| 40 | % | |
Taguig, Metro Manila |
| Tembo e-LV B.V. | |
| 100 | % | |
|
| Tembo 4x4 e-LV B.V. | |
| 100 | % | |
Marinus van Meelweg 20, 5657 EN, Eindhoven, NL |
| FD 4x4 Centre B.V. | |
| 100 | % | |
|
| * |
V.V.P. Holdings Inc. is controlled by VivoPower Pty Ltd, notwithstanding only owning 40% of the ordinary share capital. |
|
15. Investment in subsidiaries
The
principal operating undertakings in which the Group’s interest at June 30, 2023 is 20% or more are as follows:
Schedule
of investments in subsidiaries
| Subsidiary
Undertakings |
|
Percentage
of shares held |
|
|
Registered
address |
| VivoPower
International Services Limited |
|
|
100 |
% |
|
28
Esplanade, St Helier, Jersey, JE2 3QA |
| VivoPower
USA, LLC |
|
|
100 |
% |
|
251
Little Falls Drive, Wilmington, DE, USA 19808 |
| VivoPower
US-NC-31, LLC |
|
|
100 |
% |
|
| VivoPower
US-NC-47, LLC |
|
|
100 |
% |
|
| VivoPower
(USA) Development, LLC |
|
|
100 |
% |
|
| Caret,
LLC (formerly Innovative Solar Ventures I, LLC) |
|
|
100 |
% |
|
| Caret
Decimal, LLC |
|
|
100 |
% |
|
| VivoPower
Pty Ltd |
|
|
100 |
% |
|
153
Walker St, North Sydney NSW, Australia 2060 |
| Aevitas
O Holdings Pty Ltd |
|
|
100 |
% |
|
| Aevitas
Group Limited |
|
|
100 |
% |
|
| Aevitas
Holdings Pty Ltd |
|
|
100 |
% |
|
| Electrical
Engineering Group Pty Limited |
|
|
100 |
% |
|
| Kenshaw
Solar Pty Ltd (formerly J.A. Martin Electrical Pty Limited) |
|
|
100 |
% |
|
| Kenshaw
Electrical Pty Limited |
|
|
100 |
% |
|
| Tembo
EV Australia Pty Ltd |
|
|
100 |
% |
|
| VivoPower
Philippines Inc. |
|
|
64 |
% |
|
Unit
10A, Net Lima Building, 5th Avenue cor. 26th Street, |
| VivoPower
RE Solutions Inc. |
|
|
64 |
% |
|
E-Square
Zone, Crescent Park West, Bonifacio Global City, |
| V.V.P.
Holdings Inc. * |
|
|
40 |
% |
|
Taguig,
Metro Manila |
| Tembo
e-LV B.V. |
|
|
100 |
% |
|
|
| Tembo
4x4 e-LV B.V. |
|
|
100 |
% |
|
Marinus
van Meelweg 20, 5657 EN, Eindhoven, NL |
| FD
4x4 Centre B.V. |
|
|
100 |
% |
|
|
| VivoPower
International IMEA DMCC |
|
|
100 |
% |
|
Unit
4522, DMCC Business Centre, Level No 1, Gemplex 3, Dubai, UAE |
| * | | V.V.P. Holdings
Inc. is controlled by VivoPower Pty Ltd, notwithstanding only owning 40% of the ordinary share capital. |
|