VivoPower (VVPR) changes top executives as AI data center strategy expands
Rhea-AI Filing Summary
VivoPower International PLC reported significant leadership changes as it sharpens its focus on powered land and data center infrastructure for AI compute. The company said Chief Financial Officer David Mansfield, Chief Technology Officer Keith Loose, and Company Secretary Gary Challinor will depart.
The update comes after an acquisition of 291MW of powered sites in Finland, securing site and power access for a 25MW data center platform in the UAE, a $30 million PIPE financing, and a proposed 40MW energized Norway data center expected to add approximately $10 million in pro forma EBITDA. The board plans to further strengthen leadership with experienced data center and AI infrastructure executives.
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Insights
VivoPower pairs a strategic AI data center pivot with multiple senior departures.
VivoPower is reconfiguring its leadership team as it pivots toward powered land and AI-focused data center infrastructure. The departures of the CFO, CTO, and Company Secretary occur alongside recent growth steps in Finland, the UAE, and a proposed Norway data center.
The filing highlights a
The company states that its board is adding experienced data center and AI infrastructure leaders as it advances a sovereign-powered AI data center platform. How effectively new leadership is integrated, and progress on the Norway acquisition and related projects in future periods, will be key for assessing strategic follow-through.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
February 19, 2026
Commission File Number 001-37974
VIVOPOWER INTERNATIONAL PLC
(Translation of registrant’s name into English)
Suite 4, 7th Floor, 50 Broadway,
London, United Kingdom,
SW1H 0DB
+44-203-667-5158
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:
Form 20- F ☒ Form 40-F ☐
VivoPower Announces Leadership Changes
LONDON, 19 February 2026 – VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”) today announced changes to its executive leadership team.
As part of the Company’s strategic focus on powered land and data center infrastructure — reflected in its recently announced acquisition of 291MW of powered sites in Finland, the securing of site and power access for a 25MW data center platform in the United Arab Emirates, and the successful completion of a $30 million PIPE financing, as well as the proposed acquisition of a 40MW energized Norway data center expected to add approximately $10 million in pro forma EBITDA — and following the transfer of its digital asset treasury business to its Korean partners, David Mansfield (Chief Financial Officer), Keith Loose (Chief Technology Officer), and Gary Challinor (Company Secretary) will be departing the Company.
VivoPower thanks David, Keith, and Gary for their contributions and wishes them success in their future endeavors.
The Board continues to strengthen the Company’s executive leadership and governance framework with experienced and well-credentialed data center and AI infrastructure leaders as VivoPower advances the buildout of its sovereign-powered AI data center platform.
A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
This Report on Form 6-K, including Exhibit 99.1, is hereby incorporated by reference into the Company’s Registration Statements on Form S-8 (File Nos. 333-227810, 333-251546, 333-268720, 333-273520) and Form F-3 (File No. 333-276509).
Forward-Looking Statements
This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties, and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events, and regulatory changes, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions, or otherwise.
No Offer or Solicitation
This Report on Form 6-K shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed transaction. This Report on Form 6-K shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.
EXHIBIT INDEX
| Exhibit 99.1— | Press Release |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: February 19, 2026 | VivoPower International PLC |
| /s/ Kevin Chin | |
| Kevin Chin | |
| Executive Chairman |
Exhibit 99.1
VivoPower Announces Leadership Changes
LONDON, February 19, 2026 (GLOBE NEWSWIRE) - VivoPower International PLC (Nasdaq: VVPR) (“VivoPower” or the “Company”), a leading B Corp-certified global developer and owner of powered land and data center infrastructure for AI compute applications, today announced changes to its executive leadership team.
As part of the Company’s strategic focus on powered land and data center infrastructure — reflected in its recently announced acquisition of 291MW of powered sites in Finland, the securing of site and power access for a 25MW data center platform in the United Arab Emirates, and the successful completion of a $30 million PIPE financing, as well as the proposed acquisition of a 40MW energized Norway data center expected to add approximately $10 million in pro forma EBITDA — and following the transfer of its digital asset treasury business to its Korean partners, David Mansfield (Chief Financial Officer), Keith Loose (Chief Technology Officer), and Gary Challinor (Company Secretary) will be departing the Company. VivoPower thanks David, Keith, and Gary for their contributions and wishes them success in their future endeavors.
The Board continues to strengthen the Company’s executive leadership and governance framework with experienced and well-credentialed data center and AI infrastructure leaders as VivoPower advances the buildout of its sovereign-powered AI data center platform.
About VivoPower
Originally founded in 2014 and listed on Nasdaq since 2016, VivoPower is an award-winning B Corporation with a global footprint spanning the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia. Today, VivoPower’s mission is to be the independent, trusted partner for sovereign nations that develop and operate sustainable data center infrastructure, ensuring sovereign control over power, data, and national intelligence. In doing so, VivoPower helps sovereign nations bridge the gap between their energy assets and their AI ambitions by providing the Power-to-X infrastructure necessary to build and control their own domestic intelligence hubs.
Forward-Looking Statements
This communication includes certain statements that may constitute “forward-looking statements” for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower’s management’s current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower’s business. These risks, uncertainties, and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events, and regulatory changes, and other factors set forth in VivoPower’s filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions, or otherwise.
Contact
Shareholder Enquiries
media@vivopower.com
FAQ
What executive leadership changes did VivoPower (VVPR) announce in this Form 6-K?
How does VivoPower (VVPR) describe its current strategic focus in this 6-K filing?
What recent transactions related to data center infrastructure does VivoPower (VVPR) mention?
What financing activity does VivoPower (VVPR) reference in connection with its strategy?
How does VivoPower (VVPR) plan to address leadership needs after these executive departures?
What risks and uncertainties does VivoPower (VVPR) highlight regarding its forward-looking statements?
Filing Exhibits & Attachments
2 documentsPress Releases
