Copyright © Inderes 2011 - present. All rights reserved.
  • Senaste
  • Börs
    • Aktiejämförelse
    • Börskalender
    • Utdelningskalender
    • Aktieanalys
    • Artiklar
  • inderesTV
  • Portfölj
  • Forum
  • Q&A
  • Om oss
    • Följda bolag
    • Teamet
Regulatoriskt pressmeddelande

M Vest Water Secures Credit Facility

M Vest Water
Ladda ner börsmeddelandet

BERGEN, Norway, March 6, 2025 – M Vest Water AS (Euronext Growth OSE: MVW), announces that it has entered into a shareholder loan facility with two of its main shareholders, pursuant to which the shareholders will make available up to NOK 12 million.

M Vest Water is experiencing an increase in project activity and demand for our NORWAFLOC® and NORWAPOL® solutions across all key segments. A tightened regulatory framework, specifically EU regulations, is a significant driver behind the increased demand for our natural products and solutions.

Due to the heightened project activity and pilots in collaboration with industry leaders within our key segments, M Vest Water has decided to finance the increase in working capital with a credit facility of NOK 12 million. This credit facility is provided by two main shareholders in the company.

“As we communicated during our Q4 presentation, we are confident in our current financial situation. Our baseline of recurring revenue, combined with this credit facility, will support the ongoing increase in our working capital and project activity”, says Executive Chairman Tor Olav Gabrielsen.

The facility is unsecured and contains customary covenants and event of default provisions. The facility is unsecured and will not be amortizing and any drawn amounts are to be repaid on or before December 31.12.2025. Amounts drawn under the facility will carry interest at a rate of NIBOR 3M + 6% per annum and a commitment fee of 1.5% per annum on any undrawn part of the facility.

Contact
For further information, please contact:

Morten Hilton Thomassen, CFO
mht@mvestwater.com
+47 92 25 85 70

About Us
M Vest Water is an environmental technology company which has developed unique products and solutions to the water treatment industry, both Industrial as well as the Municipal markets. The products are non-toxic, biodegradable and without any harm to the environment. It obtains the highest degree of purification in a cost-efficient arrangement.

M Vest Water is listed on Euronext Growth under the ticker MVW.
For more information, visit www.mvestwater.com.

This information has been submitted pursuant to the Securities Trading Act § 5-12 and MAR Article 17. The information was submitted for publication at 2025-03-06 11:45 CET.

Attachments
M Vest Water Secures Credit Facility

Följ oss på våra kanaler i social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Ta kontakt
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • Om oss
  • Our team
  • Inderes som en investering
  • Tjänster för börsbolag
Our platform
  • FAQ
  • Servicevillkor
  • Integritetspolicy
  • Disclaimer
Inderes disclaimer gällande utförda aktieanalyser kan läsas här. För mer detaljerad information över de aktier som aktivt bevakas av Inderes, vänligen se respektive bolags bolagsspecifika sida på Inderes webbplats. © Inderes Oyj. Alla rättigheter förbehållna.
  • Senaste
  • Börs
    • Aktiejämförelse
    • Börskalender
    • Utdelningskalender
    • Aktieanalys
    • Artiklar
  • inderesTV
  • Portfölj
  • Forum
  • Q&A
  • Om oss
    • Följda bolag
    • Teamet