Month: September 2026

Octopus AIM VCT 2 plc

Net Asset Value

Octopus AIM VCT 2 plc announces that as at 21 September 2026 the unaudited net asset value of the Ordinary shares was approximately 31.9 pence per share.

For further information, please contact:

Andrew Humphries
Octopus Company Secretarial Services Limited
Tel: +44 (0)80 0316 2067

LEI: 213800BW27BKJCI35L17

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

On 28 September 2023, Milena Mondini De Focatiis (Chief Executive Officer) was awarded 90,000 shares under the Company’s Discretionary Free Share Scheme. The award was subject to the Company’s performance conditions from 1 January 2023 to 31 December 2025 and 84,996 shares vested on 28 September 2026.

1	Details of the person discharging managerial responsibilities (PDMR)/person closely associated with them (PCA)
a)	Name	Milena Mondini De Focatiis
2	Reason for the notification
a)	Position/status	Chief Executive Officer/PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Admiral Group plc
b)	LEI	213800FGVM7Z9EJB2685
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares GB00B02J6398
b)	Nature of the transaction	Vesting of 84,996 shares awarded under the Company’s Discretionary Free Share Scheme. 39,950 shares were sold to cover personal tax and national insurance liabilities and 45,046 have been retained.
c)	Prices(s) and volume(s)	Price(s)	Volume(s)
		GBP £36.26	39,950
d)	Aggregated information Aggregated value Price	N/A
e)	Date of the transaction	The sale of shares took place as part of a large batch of shares sold by the Employee Benefit Trust on 28 September 2026.
f)	Place of the transaction	Sale of shares took place by way of private auction.

On 28 September 2023, Rachel Lewis (Chief Financial Officer) was awarded 9,250 shares under the Company’s Discretionary Free Share Scheme. The award was subject to the Company’s performance conditions from 1 January 2023 to 31 December 2025 and 8,818 shares vested on 28 September 2026.

1	Details of the person discharging managerial responsibilities (PDMR)/person closely associated with them (PCA)
a)	Name	Rachel Lewis
2	Reason for the notification
a)	Position/status	Chief Financial Officer/PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Admiral Group plc
b)	LEI	213800FGVM7Z9EJB2685
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares GB00B02J6398
b)	Nature of the transaction	Vesting of 8,818 shares awarded under the Company’s Discretionary Free Share Scheme. 6,481 shares were sold. Part of the proceeds of this sale will cover personal tax and national insurance liabilities and 2,337 have been retained.
c)	Prices(s) and volume(s)	Price(s)	Volume(s)
		GBP £36.26	6,481
d)	Aggregated information Aggregated value Price	N/A
e)	Date of the transaction	The sale of shares took place as part of a large batch of shares sold by the Employee Benefit Trust on 28 September 2026.
f)	Place of the transaction	Sale of shares took place by way of private auction.

On 28 September 2023, Scott Cargill (Deputy CEO UK Insurance) was awarded 21,000 shares under the Company’s Discretionary Free Share Scheme. The award was subject to the Company’s performance conditions from 1 January 2023 to 31 December 2025 and 19,691 shares vested on 28 September 2026.

1	Details of the person discharging managerial responsibilities (PDMR)/person closely associated with them (PCA)
a)	Name	Scott Cargill
2	Reason for the notification
a)	Position/status	Deputy CEO UK Insurance/PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Admiral Group plc
b)	LEI	213800FGVM7Z9EJB2685
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares GB00B02J6398
b)	Nature of the transaction	Vesting of 19,691 shares awarded under the Company’s Discretionary Free Share Scheme. 19,691 shares were sold.
c)	Prices(s) and volume(s)	Price(s)	Volume(s)
		GBP £36.26	19,691
d)	Aggregated information Aggregated value Price	N/A
e)	Date of the transaction	The sale of shares took place as part of a large batch of shares sold by the Employee Benefit Trust on the 28 September 2026.
f)	Place of the transaction	Sale of shares took place by way of private auction.

On 28 September 2023, Costantino Moretti (Head of International Insurance) was awarded 22,000 shares under the Company’s Discretionary Free Share Scheme. The award was subject to the Company’s performance conditions from 1 January 2023 to 31 December 2025 and 20,629 shares vested on 28 September 2026.

1	Details of the person discharging managerial responsibilities (PDMR)/person closely associated with them (PCA)
a)	Name	Costantino Moretti
2	Reason for the notification
a)	Position/status	Head of International/PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Admiral Group plc
b)	LEI	213800FGVM7Z9EJB2685
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares GB00B02J6398
b)	Nature of the transaction	Vesting of 20,629 shares awarded under the Company’s Discretionary Free Share Scheme. 20,629 shares were sold.
c)	Prices(s) and volume(s)	Price(s)	Volume(s)
		GBP £36.26	20,629
d)	Aggregated information Aggregated value Price	N/A
e)	Date of the transaction	The sale of shares took place as part of a large batch of shares sold by the Employee Benefit Trust on the 28 September 2026.
f)	Place of the transaction	Sale of shares took place by way of private auction.

On 28 September 2023, Alistair Hargreaves (CEO UK Insurance) was awarded 20,000 shares under the Company’s Discretionary Free Share Scheme. The award was subject to the Company’s performance conditions from 1 January 2023 to 31 December 2025 and 19,066 shares vested on 28 September 2026.

1	Details of the person discharging managerial responsibilities (PDMR)/person closely associated with them (PCA)
a)	Name	Alistair Hargreaves
2	Reason for the notification
a)	Position/status	CEO UK Insurance/PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Admiral Group plc
b)	LEI	213800FGVM7Z9EJB2685
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares GB00B02J6398
b)	Nature of the transaction	Vesting of 19,066 shares awarded under the Company’s Discretionary Free Share Scheme. 19,066 shares were sold.
c)	Prices(s) and volume(s)	Price(s)	Volume(s)
		GBP £36.26	19,066
d)	Aggregated information Aggregated value Price	N/A
e)	Date of the transaction	The sale of shares took place as part of a large batch of shares sold by the Employee Benefit Trust on the 28 September 2026.
f)	Place of the transaction	Sale of shares took place by way of private auction.

On 28 September 2023, Keith Davies (Chief Risk Officer) was awarded 15,000 shares under the Company’s Discretionary Free Share Scheme. The award was subject to the Company’s performance conditions from 1 January 2023 to 31 December 2025 and 14,299 shares vested on 28 September 2026.

1	Details of the person discharging managerial responsibilities (PDMR)/person closely associated with them (PCA)
a)	Name	Keith Davies
2	Reason for the notification
a)	Position/status	Chief Risk Officer /PDMR
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Admiral Group plc
b)	LEI	213800FGVM7Z9EJB2685
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares GB00B02J6398
b)	Nature of the transaction	Vesting of 14,299 shares awarded under the Company’s Discretionary Free Share Scheme. 14,299 shares were sold.
c)	Prices(s) and volume(s)	Price(s)	Volume(s)
		GBP £36.26	14,299
d)	Aggregated information Aggregated value Price	N/A
e)	Date of the transaction	The sale of shares took place as part of a large batch of shares sold by the Employee Benefit Trust on the 28 September 2026.
f)	Place of the transaction	Sale of shares took place by way of private auction.

Temporary “GLTKD” symbol concludes following previously announced reverse stock split

RENO, Nev., Sept. 28, 2026 (GLOBE NEWSWIRE) — Globaltech Corporation (OTCQB: GLTK) (“Globaltech” or the “Company”), a technology platform company building and commercializing AI, data and software solutions through its revenue-generating operating businesses, today announced that its common stock has resumed trading under the original ticker symbol “GLTK” on the OTCQB Market effective September 28, 2026.

The Company’s common stock temporarily traded under the symbol “GLTKD” following its previously announced 1-for-3 reverse stock split, which was effective August 27, 2026. The temporary 20-trading-day period concluded on September 25, 2026, and the trading symbol has now reverted to “GLTK.”

The common stock continues to trade on the OTCQB Market while Globaltech pursues its planned uplisting to the Nasdaq Capital Market. The application remains under review, and Nasdaq has not granted approval. Completion remains subject to satisfying all applicable listing requirements and obtaining Nasdaq uplisting approval. There can be no assurance as to the timing of any such approval, or that it will be obtained at all.

Shareholders and other interested investors can sign up to receive future press releases by visiting www.globaltechcorporation.com/investor and selecting “Join Our Mailing List.”

About Globaltech Corporation

Globaltech Corporation (OTCQB: GLTK) is a technology platform company building and commercializing AI, data and software solutions through its revenue-generating operating businesses. Its telecommunications and retail operations provide infrastructure, customer relationships and real-world environments to develop, test and scale technology platforms spanning financial technology, enterprise software, e-commerce and sports technology. Through its Center of Excellence, Globaltech evaluates, develops and commercializes technology opportunities across the platform. For more information, please visit www.globaltechcorporation.com.

Company Contact

Dan Green
Chief Executive Officer, Globaltech Corporation
investors@globaltechcorporation.com
Toll Free: (888) 760-7067
USA: (775) 624-4817

Forward-Looking Statements

Forward-looking statements in this release include statements regarding the Company’s planned uplisting to the Nasdaq Capital Market, its ability to satisfy Nasdaq’s initial listing requirements and obtain listing approval, and future shareholder communications. Completion of the proposed uplisting remains subject to uncertainty, and there can be no assurance regarding its timing or completion.

Certain of the matters discussed in this communication which are not statements of historical fact constitute forward-looking statements that involve a number of risks and uncertainties. Words such as “strategy,” “expects,” “continues,” “plans,” “anticipates,” “believes,” “would,” “will,” “estimates,” “intends,” “projects,” “goals,” “targets” and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. Important factors that may cause actual results and outcomes to differ materially from those contained in such forward-looking statements include, without limitation: (a) our ability to uplist our common stock to Nasdaq, including the fact that we do not currently meet Nasdaq’s initial listing requirements, may not meet such requirements in the future, may not obtain approval of our application to list our common stock on Nasdaq on a timely basis, if at all, even if we meet all of the required quantitative listing requirements; (b) our strategic plans and treasury management initiatives; (c) risks relating to previously disclosed debt defaults and our ability to extend or refinance such debt, our need for additional capital, the terms of such capital and the potential dilution to stockholders caused thereby, including through the issuance of additional shares of common stock or upon conversion of outstanding convertible notes; (d) changes in consumer preferences, purchasing behavior, competitive conditions, and industry trends; (e) macroeconomic, geopolitical, and financial market conditions, including inflation, interest rates, tariffs, and consumer spending levels; (f) disruptions to sourcing, manufacturing, supply chain, logistics, labor availability, and the cost or availability of raw materials and finished goods; (g) the Company’s ability to successfully manage inventory, respond to changing fashion trends, maintain the strength of its brands, and execute its retail and growth strategies; (h) foreign currency exchange losses, fluctuations and translation risks related to our business in Pakistan and the United Kingdom; (i) the international economic environment, geopolitical developments and unexpected global events, including economic downturns in Pakistan, the United Kingdom and globally, changes in inflation and interest rates, tariffs, increased borrowing costs and potential declines in the availability of funding; (j) the greater political, legal and economic risks associated with operating in emerging markets as compared to more developed markets; (k) the unpredictability of our revenue performance, including because a significant majority of our customers have not entered into long-term fixed contracts with us; (l) our ability to compete in highly competitive markets, which we expect to become increasingly competitive, and our ability to expand our customer base and retain existing customers; (m) our ability to keep pace with technological changes and evolving industry standards; (n) cyber-attacks and other cybersecurity threats that may lead to compromised or inaccessible telecommunications, digital and financial services, leaks or unauthorized processing of confidential information, and the potential loss of customer confidence resulting therefrom; (o) the highly capital-intensive nature of the telecommunications industry and the substantial and ongoing capital expenditures required to operate and grow our business; (p) the terms of our interconnect agreements and our access to third-party-owned infrastructure and networks over which we have no direct control; (q) increases in license fees and our ability to obtain, maintain, renew or replace licenses, which may be suspended or revoked; (r) risks related to our ability to continue conducting our activities in a manner that does not cause us to be deemed an investment company under the Investment Company Act of 1940, as amended; (s) the loss of important intellectual property rights or third-party claims alleging infringement of intellectual property rights; (t) our substantial indebtedness and debt service obligations, which could materially decrease cash flow and adversely affect our business and financial condition; (u) our ability to maintain ownership and control of Worldcall Telecom Limited and 123 Investments Limited, as well as our status as a controlled company; (v) conflicts of interest; (w) our ability to comply with the extensive variety of laws and regulations applicable to our business and the uncertain judicial and regulatory environments in which we operate; (x) the fact that our operating subsidiaries, assets and certain of our officers and directors are located in Pakistan and the United Kingdom, which may affect shareholder rights, including the ability to enforce civil liabilities under U.S. securities laws; (y) the outcome of legal disputes, claims, investigations and litigation involving regulators, competitors and third parties; (z) risks relating to future divestitures, asset sales, joint ventures and acquisitions; (aa) the absence of an active trading market for our common stock and the risk that such a market may not develop or be sustained; (bb) future operating results; and (cc) other plans, objectives, expectations and intentions contained in this release that are not historical facts.

Other important factors that may cause actual results and outcomes to differ materially from those contained in the forward-looking statements included in this communication are described in the Company’s publicly filed reports, including, but not limited to, the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, future Annual Reports on Form 10-K, and Quarterly Reports on Form 10-Q. These reports are available at www.sec.gov. The Company cautions that the foregoing list of important factors is not complete. All subsequent written and oral forward-looking statements attributable to the Company or any person acting on behalf of the Company are expressly qualified in their entirety by the cautionary statements referenced above. Other unknown or unpredictable factors also could have material adverse effects on the Company’s future results. The forward-looking statements included in this press release are made only as of the date hereof. The Company cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, the Company undertakes no obligation to update these statements after the date of this release, except as required by law, and takes no obligation to update or correct information prepared by third parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.