Salt Lake City, Utah, Sept. 25, 2026 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ: TRUG), today announced a 1-for-10 reverse split of its Class A common stock. Beginning on September 29, 2026, the Company’s Class A common stock will continue to trade on The Nasdaq Capital Market on a split adjusted basis under the trading symbol “TRUG” but will trade under the following new CUSIP number: 243733607.

As a result of the reverse stock split, every 10 shares of Class A common stock issued and outstanding as of the effective date will be automatically combined into one share of Class A common stock. No fractional shares will be issued if, as a result of the reverse stock split, a stockholder would otherwise become entitled to a fractional share because the number of shares of Class A common stock they hold before the reverse stock split is not evenly divisible by the split ratio. Instead, each stockholder will be entitled to receive a cash payment in lieu of a fractional share.

The reverse stock split will reduce the number of shares of outstanding Class A common stock from approximately 12.44 million shares, the number of shares outstanding as of the date hereof, to approximately 1.24 million shares. The par value of the Class A common stock will remain unchanged and the number of authorized shares of Class A common stock will be proportionately reduced to 10 million shares. The reverse split affects all stockholders uniformly and will not alter any common stockholder’s percentage interest in the Company’s equity, except to the extent that the reverse split results in some common stockholders owning a fractional share as described above.

About TruGolf

Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. TruGolf builds products that capture the spirit of golf. TruGolf’s mission is to help grow the game by attempting to make it more Available, Approachable, and Affordable through technology – because TruGolf believes Golf is for Everyone. TruGolf’s team has built award-winning video games (“Links”), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT. Since TruGolf’s beginning, TruGolf has continued to attempt to define and redefine what is possible with golf technology. 

Forward-Looking Statements

Some of the statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Forward-looking statements in this press release include, without limitation, the timing and completion of the reverse split. These statements relate to future events, future expectations, plans and prospects. Although the Company believes the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including those discussed under Item 1A. “Risk Factors” in the Company’s most recently filed Form 10-K filed with the Securities and Exchange Commission (“SEC”) and updated from time to time in its Form 10-Q filings and in its other public filings with the SEC. Any forward-looking statements contained in this press release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this press release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.

CONTACTS:

Michael Bacal
mbacal@darrowir.com
917-886-9071

Not for distribution to U.S. newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, into the United States

Vancouver, BC, Sept. 25, 2026 (GLOBE NEWSWIRE) — Terra Clean Energy Corp. (“Terra Clean Energy” or the “Company“) (CSE: TCEC) (OTCQB: TCEFF) (FSE: C9O0) is pleased to announce that, due to strong investor demand, it has upsized its brokered private placement led by Centurion One Capital Corp. (the “Lead Agent“) as lead agent and sole bookrunner, as previously announced in its press release dated September 8, 2026. Under the amended terms, the Company will raise up to $2,500,000 (the “Offering“) through the sale of up to 17,857,142 units (“Units“) at an issue price of $0.14 per Unit on a commercially reasonable efforts basis.

Each Unit shall consist of one common share in the capital of the Company (each, a “Share“) and one Share purchase warrant (each, a “Warrant“). Each Warrant shall entitle the holder thereof to purchase one Share at a price of $0.22 for a period of three (3) years from the Closing Date (as defined herein). The Warrants will be subject to an acceleration right (the “Warrant Acceleration Right“) if, on any fifteen (15) consecutive trading days, beginning on the Closing Date, the daily volume weighted average trading price of the Share is greater than $0.44. If the Company exercises its Warrant Acceleration Right, the new expiry date of the Warrants will be the 30th day following the notice of such exercise. The Lead Agent also has an option to increase the Offering by up to an additional 2,678,571 Units for additional proceeds of $375,000.

The gross proceeds of the Offering will be used for capital expenditures and general working capital purposes. 

The Units to be issued under the Offering will be offered by way of private placement in each of the provinces of British Columbia, Alberta, Ontario and Quebec, in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and in jurisdictions outside of Canada and the United States mutually agreed by the Company and the Lead Agent provided it is understood that no prospectus filing, registration or comparable obligation arises in such other jurisdiction.

The Offering is expected to close on or around October 1, 2026 or such other date as agreed upon between the Company and the Lead Agent (the “Closing Date”) and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals including the approval of the Canadian Securities Exchange (the “CSE”). Pursuant to applicable law, the securities to be issued under the Offering will have a hold period of four months and one day from the Closing Date.  

It is anticipated that certain insiders of the Company and the Lead Agent may acquire Units in the Offering in amounts up to approximately 100% of the Offering. Any participation by insiders in the Offering will constitute a “related party transaction” as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“). The Company expects such participation will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the Units subscribed for by the insiders, nor the consideration for the Units paid by such insiders, is expected to exceed 25% of the Company’s market capitalization.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Contact Information

Terra Clean Energy Corp.

Greg Cameron, Chief Executive Officer
416-277-6174
Email: info@tcec.energy

ABOUT TERRA CLEAN ENERGY CORP.

Terra Clean Energy Corp. is a Canadian-based uranium exploration and development company. The Company is currently developing the South Falcon East uranium project located in the Athabasca Basin region, Saskatchewan, Canada as well as past producing uranium mines in Utah and uranium exploration properties in Wyoming, United States. The Company’s strategy is to find and advance late stage uranium projects to support growing demand for Nuclear Power and secure domestic mineral supply chains.

For further information please visit Terra Clean Energy’s website at www.tcec.energy.

ABOUT CENTURION ONE CAPITAL CORP.

Centurion One Capital’s mission is to ignite the world’s most visionary entrepreneurs to conquer the greatest challenges of tomorrow, fueling their ambitions with transformative capital, unparalleled expertise, and a global network of influential connections. Every interaction is guided by our core values of respect, integrity, commitment, excellence in execution, and uncompromising performance. We make principal investments, drawing on the time-honored principles of merchant banking, where aligned incentives forge enduring partnerships. Centurion One Capital: A superior approach to investment banking.

The CSE has not reviewed nor accepts responsibility for the adequacy or accuracy of this release.

Statements in this release that are not historical facts are “forward-looking statements” and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from these “forward-looking statements”.

LIBERTY, Mo., Sept. 25, 2026 (GLOBE NEWSWIRE) — Ferrellgas Partners, L.P. (OTC: FGPR) (“Ferrellgas” or the “Company”) today reported financial results for its fourth fiscal quarter and fiscal year (“fiscal 2026”) ended July 31, 2026.

“Ferrellgas closed out fiscal 2026 with real momentum,” said Tamria Zertuche, President and CEO. “Fourth quarter Adjusted EBITDA grew 3% over the prior year, and while fiscal 2026 Adjusted EBITDA decreased 3%, primarily due to the settlement of several legacy general liability claims, our employee-owners generated $321.3 million of Adjusted EBITDA. Additionally, we refinanced a portion of our balance sheet, earned credit rating upgrades from both S&P Global and Moody’s, and completed the conversion of our Class B Units into Class A Units, simplifying our capital structure for the long term. These accomplishments happened alongside our continued improvement in customer retention, safety performance, and operational efficiency. Our team’s discipline in navigating a softer wholesale demand environment, even while absorbing higher interest expense from our refinancing, speaks to the underlying strength of our platform. We enter fiscal 2027 with a stronger balance sheet, a simplified equity structure, and full confidence in our ability to build on this momentum.”

Fourth Quarter Fiscal 2026 Financial Highlights:

For the fourth fiscal quarter, Adjusted EBITDA, a non-GAAP financial measure, increased by $0.7 million, or 3%, to $23.8 million, compared to $23.1 million in the fourth quarter of the prior year. After adjusting for non-recurring costs, operating expense and general and administrative expense decreased $2.0 million and $1.9 million, respectively, which was offset by a $3.9 million decrease in gross profit. Lease buy-outs and the strategic refinancing of several operating leases into finance leases drove a $0.7 million decrease in equipment lease expense.

Gross profit decreased by $3.9 million, or 2%, during the quarter as compared to the prior year period. Average propane prices (based on Mont Belvieu, Texas) increased 6.8% in the fourth quarter of fiscal 2026 compared to the prior year period. An increase of $3.1 million, or 2%, in cost of sales and a decrease of $0.8 million, or 0.2%, in revenue drove the overall change. Gallons sold during the quarter decreased 1.0 million, or 1%, primarily due to a 1.0 million, or 1%, decrease in retail gallons sold. Persistent warmth, especially in the western half of the U.S., continued to impact demand. Over the western half of the U.S., average temperatures were 10% warmer than normal, based on a 10-year average and 34% warmer than the prior year quarter. Overall, temperatures were 0.5% warmer than average and 17% warmer than the prior year quarter, based on a 10-year average. Wholesale gallons sold were flat, as the Company’s tank exchange business was impacted by weather; a cold and wet Memorial Day and heat advisories over the July 4th weekend drove a decline in demand during these major holidays.

Net loss attributable to the Company increased by $4.7 million, or 18%, to $31.5 million in the fourth quarter of fiscal 2026, compared to a net loss of $26.8 million in the prior year period. The change was primarily driven by an increase of $6.8 million in interest expense, the $3.9 million decrease in gross profit noted above, and a $3.4 million increase in loss on disposal of assets. These variances were partially offset by a $9.8 million decrease in operating expense. The decrease in operating expense includes non-recurring adjustments aggregating to $7.8 million, related to an employee benefit related change and a litigation recovery, and a $9.5 million decrease in plant and other, which was primarily due to a $6.8 million decrease in other expense and a $2.6 million reduction in bad debt. These decreases were partially offset by increases of $4.9 million in personnel costs and $2.6 million in vehicle expense.

Fiscal Year 2026 Highlights:

In October 2025, the Company completed several financing transactions, including the redemption of its $650.0 million aggregate 2026 Senior Notes, the issuance of new $650.0 million aggregate 2031 Senior Notes, and the extension and expansion of its revolving credit facility. These actions were followed by credit rating upgrades from both S&P Global and Moody’s, as the market recognized the value of our strengthened balance sheet and extended debt maturity profile.

In March 2026, the Company paid a final aggregate distribution of approximately $107.0 million to its Class B Unitholders and subsequently converted all 1.3 million outstanding Class B Units into 6.5 million Class A Units. The conversion simplifies the Company’s unit structure for current and prospective investors and eliminates the Class B distribution obligation, redirecting future cash flows toward debt reduction, operational investment, and long-term value creation for Class A Unitholders.

In addition to these capital structure milestones and as we position the Company for future growth, Pamela A. Breuckmann was appointed Vice Chair of the Board, and Andrew Safran, who brings more than three decades of investment banking and private equity experience in natural resources and energy infrastructure, was elected to the Board. The Company also welcomed Scott I. Asner to the Board, bringing more than three decades of investment management experience and a 20-year legal career, with deep expertise in real estate investment, financing, and capital structuring.

For fiscal 2026, Adjusted EBITDA, a non-GAAP financial measure, was $321.3 million, compared to $330.7 million in fiscal 2025, a decrease of $9.4 million, or 3%. A $20.4 million increase in operating expense, primarily due to the settlement of legacy general liability claims in fiscal 2026, was partially offset by a $5.4 million decrease in General and administrative expense, after EBITDA adjustments primarily related to a $125.0 million legal settlement in fiscal 2025, and a $4.5 million decrease in equipment lease expense.

Gross profit increased by $1.1 million, or 0.1%, during fiscal 2026 as compared to fiscal 2025. Average propane prices (based on Mont Belvieu, Texas) decreased 8.9% in fiscal 2026 compared to fiscal 2025. A decrease of $75.5 million, or 8%, in cost of sales was partially offset by a decrease of $74.3 million, or 4%, in revenue, which drove the overall change. Gallons sold decreased 24.6 million, or 3%, driven by decreases of 13.8 million, or 6%, in wholesale gallons sold and 10.7 million, or 2%, in retail gallons sold. Over the western half of the U.S., average temperatures were 16% warmer than normal and 41% warmer than fiscal 2025. Overall, temperatures were 3% warmer than average and 11% warmer than the prior year, based on a 10-year average. Cost management initiatives helped offset the impact of lower revenue on overall profitability along with efforts to proactively grow weather agnostic business.

Net earnings attributable to the Company were $71.7 million in fiscal 2026, compared to a net loss of $15.6 million in fiscal 2025, a change of $87.3 million. The change was primarily due to a decrease of $134.2 million in general and administrative expense, driven by the $125.0 million litigation settlement in fiscal 2025, which was partially offset by increases of $20.4 million in operating expense, $16.8 million in interest expense and $8.7 million in depreciation and amortization expense. The $20.4 million increase in operating expense includes increases of $14.8 million in plant and other costs and $7.6 million in vehicle expense, which were partially offset by a $2.0 million decrease in personnel costs.

Capital expenditures for fiscal 2026 totaled $77.3 million, comprised of $49.3 million of growth capital and $28.0 million of maintenance capital, compared to $80.0 million in fiscal 2025, reflecting continued discipline in the Company’s capital allocation.

Operational Highlights:

The Retail business generated a $0.7 million increase in gross margin dollars in the fourth quarter compared to the prior year period, driven by higher margin per gallon despite modestly lower delivered volumes, with customer retention remaining flat compared to the prior year quarter. Margin per gallon increased 4% in fiscal 2026 compared to the prior year.

Retail’s momentum built steadily across the year. In the first quarter, the team increased temp heat tank sets 37% over the prior year and grew new residential customer tank sets 15%, while the residential conversion rate improved 2 percentage points ahead of the heating season, with retention gains concentrated in the North Central, Northeast, and Pacific regions. Winter readiness efforts paid off in the second quarter, when Retail delivered a $7.1 million, or approximately 3% increase in gross profit, tank sets rose 7.2% across all customer segments, the residential conversion rate improved 3.4 percentage points over the prior year, the National Sales team secured six new national account customers, and the Company converted more than 6,100 Will Call locations to Auto Fill delivery, a shift that improved route density, demand forecasting, and margin performance. Margin per gallon continued to strengthen through the back half of the year, improving approximately 2% in the third quarter even as gallons sold softened with warmer than normal weather. For the full year, the new customer conversion rate improved 1.7 percentage points to 92.4%. Customer retention remained strong at 87%, and net customer location attrition narrowed 16.6% compared to fiscal 2025, evidence that the team’s customer facing initiatives have traction.

Blue Rhino’s exchange business ended the year with its selling location footprint above 65,000 retail locations nationwide, which continues to demonstrate the durability of the Company’s wholesale distribution model, while continuing to invest in its production network and last mile logistics to reduce skipped stops and off schedule deliveries. Wholesale continued to maximize performance across the year by selling into elevated markets and managing deliveries through periods of price volatility, including elevated diesel costs and evolving tariff conditions.

Continued focus in telematics and driver safety technology underscored Ferrellgas’ commitment to safety throughout fiscal 2026, giving managers real-time visibility into driver behavior, tighter operational discipline, and measurable gains in fuel efficiency and productivity across the Company. For fiscal 2026, total workers’ compensation claims improved 3.9% and lost-time incidents improved 15% compared to the prior year. CSA compliance performance also improved in fiscal 2026 with improvements in six key categories. Fewer workplace injuries, faster return-to-work outcomes and improvements in compliance reflect the tangible impact of these safety investments on our employee-owners and our operations.

Our commitment to safety and service extends beyond the road and into the communities our employee-owners serve. For fiscal 2026, the Company donated approximately 1,000 coats through Operation Warm and supported more than 50 communities through Operation BBQ Relief and local event sponsorships, including deployments to West Virginia and Walworth County, Wisconsin, following severe flooding and storm damage during the quarter. The Company’s commitment also extended globally as presenting sponsor of the International Rhino Foundation’s “Keep the 5 Alive on 5/5” campaign, supporting conservation efforts for all five rhino species across Africa and Asia.

Capital Structure and Liquidity:

At July 31, 2026, the Company had total liquidity of $195.1 million, consisting of cash and cash equivalents of $48.4 million and $146.7 million of availability on its revolving credit facility, providing ample liquidity to fund operations, seasonal working capital needs, and continued investment in growth.

Outlook:

Fiscal 2026 demonstrates what Ferrellgas is capable of when our people are prepared, our operations are disciplined, and our strategy is clear. The Company navigated weather volatility, resolved legacy general liability claims, advanced its capital structure, and continued to expand its Blue Rhino exchange footprint while holding Retail customer retention steady in the segments we are focused on. As the second largest retail propane marketer in the United States by gallons sold, with a low operating cost structure among national publicly reporting peers, a fully deployed telematics platform, and a unique dual channel model spanning bulk delivery and Blue Rhino retail exchange locations, Ferrellgas enters fiscal 2027 from a position of demonstrated operational strength and competitive differentiation.

On Friday, September 25, 2026, the Company will conduct a teleconference on the Internet at https://edge.media-server.com/mmc/p/rs9kiskt/ to discuss the results of operations for the fourth fiscal quarter and fiscal year 2026. The webcast of the teleconference will begin at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Questions may be submitted via the investor relations e-mail box at InvestorRelations@ferrellgas.com.

About Ferrellgas:

Ferrellgas Partners, L.P., through its operating partnership, Ferrellgas, L.P., and subsidiaries, serves propane customers in all 50 states, the District of Columbia, and Puerto Rico. Its Blue Rhino propane exchange brand is sold at over 65,000 locations nationwide. Ferrellgas employees indirectly own 1.1 million Class A Units of the partnership, through an employee stock ownership plan. Ferrellgas Partners, L.P. filed an Annual Report on Form 10-K for the fiscal year ended July 31, 2026, with the Securities and Exchange Commission on September 25, 2026. Investors can request a hard copy of this filing free of charge and obtain more information about the partnership online at www.ferrellgas.com. For more information, follow Ferrellgas on Facebook, X, LinkedIn, and Instagram.

Cautionary Note Regarding Forward-Looking Statements:

Statements included in this release concerning current estimates, expectations, projections about future results, performance, prospects, opportunities, plans, actions and events and other statements, concerns, or matters that are not historical facts are forward-looking statements as defined under federal securities laws. These statements often use words such as “anticipate,” “believe,” “intend,” “plan,” “projection,” “forecast,” “strategy,” “position,” “continue,” “estimate,” “expect,” “may,” “will,” or the negative of those terms or other variations of them or comparable terminology. A variety of known and unknown risks, uncertainties and other factors could cause results, performance, and expectations to differ materially from anticipated results, performance, and expectations, including the effect of weather conditions on the demand for propane; the prices of wholesale propane, motor fuel and crude oil; disruptions to the supply of propane; competition from other industry participants and other energy sources; energy efficiency and technology advances; significant delays in the collection of accounts or notes receivable; customer, counterparty, supplier or vendor defaults; changes in demand for, and production of, hydrocarbon products; inherent operating and litigation risks in gathering, transporting, handling and storing propane; costs of complying with, or liabilities imposed under, environmental, health and safety laws; the impact of pending and future legal proceedings; the interruption, disruption, failure or malfunction of our information technology systems including due to cyber-attack; economic and political instability, particularly in areas of the world tied to the energy industry; disruptions in the capital and credit markets, related to the evolving global tariff environment or otherwise; and access to available capital to meet our operating and debt-service requirements. These risks, uncertainties, and other factors also include those discussed in the Annual Report on Form 10-K of Ferrellgas Partners, L.P., Ferrellgas, L.P., Ferrellgas Partners Finance Corp., and Ferrellgas Finance Corp. for the fiscal year ended July 31, 2026, and in other documents filed from time to time by these entities with the Securities and Exchange Commission. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included in this release are made only as of the date hereof. Ferrellgas disclaims any intention or obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by law.

Contacts:

Investor Relations: InvestorRelations@ferrellgas.com 

FERRELLGAS PARTNERS, L.P. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per unit data)
(unaudited)
 
    Three months ended   Year ended
    July 31,   July 31,
    2026     2025     2026     2025  
Revenues:                        
Propane and other gas liquids sales   $ 320,055     $ 320,722     $ 1,756,602     $ 1,828,093  
Other     22,797       22,907       107,412       110,244  
Total revenues     342,852       343,629       1,864,014       1,938,337  
                         
Cost of sales:                        
Propane and other gas liquids sales     154,205       151,119       827,785       902,072  
Other     1,679       1,611       12,276       13,449  
                         
Gross profit     186,968       190,899       1,023,953       1,022,816  
                         
Operating expense – personnel, vehicle, plant & other     142,739       152,528       651,258       630,834  
Operating expense – equipment lease expense     3,687       4,387       14,212       18,720  
Depreciation and amortization expense     27,754       25,420       107,076       98,426  
General and administrative expense     9,810       11,256       44,432       178,617  
Non-cash employee stock ownership plan compensation expense     972       785       3,881       3,143  
Loss (gain) on asset sales and disposals     1,791       (1,589 )     4,774       2,957  
                         
Operating income (loss)     215       (1,888 )     198,320       90,119  
                         
Interest expense     (32,707 )     (25,948 )     (124,910 )     (108,064 )
Loss on extinguishment of debt     —       —       (3,003 )     —  
Other income, net     584       987       2,328       2,944  
                         
(Loss) earnings before income tax expense     (31,908 )     (26,849 )     72,735       (15,001 )
                         
Income tax expense     154       429       910       1,372  
                         
Net (loss) earnings     (32,062 )     (27,278 )     71,825       (16,373 )
                         
Net (loss) earnings attributable to noncontrolling interest(1)     (495 )     (432 )     92       (807 )
                         
Net (loss) earnings attributable to Ferrellgas Partners, L.P.   $ (31,567 )   $ (26,846 )   $ 71,733     $ (15,566 )
                         
Class A unitholders’ interest in net loss   $ (49,117 )   $ (42,560 )   $ (101,759 )   $ (79,479 )
                         
Net loss per unitholders’ interest                        
Basic and diluted net loss per Class A Unit   $ (4.32 )   $ (8.76 )   $ (13.90 )   $ (16.36 )
Weighted average Class A Units outstanding – basic and diluted     11,358       4,858       7,323       4,858  

(1)   Amounts allocated to the general partner for its 1.0101% interest (excluding the economic interest attributable to the preferred unitholders) in the operating partnership, Ferrellgas, L.P.

Supplemental Data and Reconciliation of Non-GAAP Items:
 
    Three months ended   Year ended
    July 31,   July 31,
    2026     2025     2026     2025  
Net (loss) earnings attributable to Ferrellgas Partners, L.P.   $ (31,567 )   $ (26,846 )   $ 71,733     $ (15,566 )
Income tax expense     154       429       910       1,372  
Interest expense     32,707       25,948       124,910       108,064  
Depreciation and amortization expense     27,754       25,420       107,076       98,426  
EBITDA     29,048       24,951       304,629       192,296  
Non-cash employee stock ownership plan compensation expense     972       785       3,881       3,143  
Loss on extinguishment of debt     —       —       3,003       —  
Loss (gain) on asset sales and disposal     1,791       (1,589 )     4,774       2,957  
Other income, net     (584 )     (987 )     (2,328 )     (2,944 )
Severance(1)     459       —       815       —  
Non-recurring employee benefit policy adjustment     (5,265 )     —       (6,023 )     —  
Legal fees and settlements related to non-core businesses     —       2       —       130,635  
Legal fees and settlements related to core businesses     (2,500 )     —       10,587       4,540  
Acquisition and related costs(2)     —       —       —       (798 )
Class B Unit conversion costs(3)     328       —       603       —  
Non-recurring compliance costs     —       —       704       —  
Business transformation costs(4)     —       334       569       1,672  
Net (loss) earnings attributable to noncontrolling interest(5)     (495 )     (432 )     92       (807 )
Adjusted EBITDA(6)     23,754       23,064       321,306       330,694  
Net cash interest expense(7)     (30,272 )     (22,777 )     (115,056 )     (92,065 )
Maintenance capital expenditures(8)     (7,064 )     (6,561 )     (28,006 )     (32,067 )
Cash paid for income taxes     (369 )     (637 )     (899 )     (1,345 )
Proceeds from certain asset sales     470       843       1,786       2,958  
Distributable cash flow attributable to equity investors(9)     (13,481 )     (6,068 )     179,131       208,175  
Less: Distributions accrued or paid to preferred unitholders     17,591       15,982       65,231       64,068  
Distributable cash flow attributable to general partner and non-controlling interest     189       121       (3,694 )     (4,164 )
Distributable cash flow attributable to Class A and B Unitholders(10)     (30,883 )     (21,929 )     110,206       139,943  
Less: Distributions paid to Class B Unitholders(11)     —       —       107,016       —  
Distributable cash flow (shortage) excess(12)   $ (30,883 )   $ (21,929 )   $ 3,190     $ 139,943  
                         
Propane gallons sales                        
Retail – Sales to End Users     82,116       83,158       556,207       566,948  
Wholesale – Sales to Resellers     44,797       44,726       203,364       217,179  
Total propane gallons sales     126,913       127,884       759,571       784,127  

(1) Costs associated with corporate restructuring included in “Operating, general and administrative expense”.

(2) Non-recurring due diligence related to potential acquisition activities, restructuring costs, and other adjustments.

(3) Costs related to conversion of Class B Units to Class A Units in fiscal 2026 included in “Operating, general and administrative expense”.

(4) Non-recurring costs included in “Operating, general and administrative expense” related to the implementation of business transformation initiatives.

(5) Amounts allocated to the general partner for its 1.0101% interest (excluding the economic interest attributable to the preferred unitholders) in the operating partnership, Ferrellgas, L.P.

(6) Adjusted EBITDA is calculated as net (loss) earnings attributable to Ferrellgas Partners, L.P., plus the sum of the following: income tax expense, interest expense, depreciation and amortization expense, non-cash employee stock ownership plan compensation expense, loss on extinguishment of debt, loss (gain) on asset sales and disposals, other income, net, severance, non-recurring employee benefit policy adjustment, legal fees and settlements related to non-core businesses, legal fees and settlements related to core businesses, acquisition and related costs, Class B Unit conversion costs, compliance costs, business transformation costs, and net (loss) earnings attributable to noncontrolling interest. Management believes the presentation of this measure is relevant and useful because it allows investors to view the partnership’s performance in a manner similar to the method management uses, adjusted for items management believes make it easier to compare its results with other companies that have different financing and capital structures. Adjusted EBITDA, as management defines it, may not be comparable to similarly titled measurements used by other companies. Items added into our calculation of Adjusted EBITDA that will not occur on a continuing basis may have associated cash payments. Adjusted EBITDA should be viewed in conjunction with measurements that are computed in accordance with GAAP.

(7) Net cash interest expense is the sum of interest expense less non-cash interest expense and other income, net.

(8) Maintenance capital expenditures include capitalized expenditures for betterment and replacement of property, plant and equipment, and may from time to time include the purchase of assets that are typically leased.

(9) Distributable cash flow attributable to equity investors is calculated as Adjusted EBITDA minus net cash interest expense, maintenance capital expenditures and cash paid for income taxes plus proceeds from certain asset sales. Management considers distributable cash flow attributable to equity investors a meaningful measure of the partnership’s ability to declare and pay quarterly distributions to equity investors, including holders of the operating partnership’s Preferred Units. Distributable cash flow attributable to equity investors, as management defines it, may not be comparable to similarly titled measurements used by other companies. Items added into our calculation of distributable cash flow attributable to equity investors that will not occur on a continuing basis may have associated cash payments. Distributable cash flow attributable to equity investors should be viewed in conjunction with measurements that are computed in accordance with GAAP.

(10) Distributable cash flow attributable to Class A and B Unitholders is calculated as Distributable cash flow attributable to equity investors minus distributions accrued or paid on the Preferred Units and distributable cash flow attributable to general partner and noncontrolling interest. Management considers distributable cash flow attributable to Class A and B Unitholders a meaningful measure of the partnership’s ability to declare and pay quarterly distributions to Class A and B Unitholders. Distributable cash flow attributable to Class A and B Unitholders, as management defines it, may not be comparable to similarly titled measurements used by other companies. Items added to our calculation of distributable cash flow attributable to Class A and B Unitholders that will not occur on a continuing basis may have associated cash payments. Distributable cash flow attributable to Class A and B Unitholders should be viewed in conjunction with measurements that are computed in accordance with GAAP.

(11) The Company did not pay any distributions to Class A Unitholders during any of the periods in fiscal 2026 or fiscal 2025. The Company paid a cash distribution on the Class B Units of $82.32 per Class B Unit, or $107.0 million in the aggregate in March 2026.

(12) Distributable cash flow (shortage) excess is calculated as Distributable cash flow attributable to Class A and B Unitholders minus Distributions paid to Class A and B Unitholders. Distributable cash flow excess, if any, is retained to establish reserves, to reduce debt, to fund capital expenditures and for other partnership purposes, and any shortage is funded from previously established reserves, cash on hand or borrowings under our Credit Facility. Management considers Distributable cash flow (shortage) excess a meaningful measure of the partnership’s ability to effectuate those purposes. Distributable cash flow (shortage) excess, as management defines it, may not be comparable to similarly titled measurements used by other companies. Items added into our calculation of distributable cash flow excess that will not occur on a continuing basis may have associated cash payments. Distributable cash flow (shortage) excess should be viewed in conjunction with measurements that are computed in accordance with GAAP.

FERRELLGAS PARTNERS, L.P. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands, except unit data)
 
(unaudited)
 
ASSETS   July 31, 2026   July 31, 2025
             
Current assets:            
Cash and cash equivalents   $ 48,422     $ 96,883  
Accounts and notes receivable (net of allowance for expected credit losses of $4,414 and $4,330 at July 31, 2026 and 2025, respectively)     128,059       127,510  
Inventories     82,008       87,807  
Prepaid expenses and other current assets     33,458       30,471  
Total current assets     291,947       342,671  
             
Property, plant and equipment, net     590,175       602,692  
Goodwill, net     257,155       257,155  
Intangible assets (net of accumulated amortization of $374,071 and $366,817 at July 31, 2026 and 2025, respectively)     99,197       106,451  
Operating lease right-of-use assets     36,571       39,045  
Other assets, net     89,728       68,702  
Total assets   $ 1,364,773     $ 1,416,716  
             
             
LIABILITIES, MEZZANINE EQUITY AND DEFICIT            
             
Current liabilities:            
Accounts payable   $ 36,514     $ 31,083  
Short-term borrowings     87,500       —  
Current portion of long-term debt     1,310       652,178  
Current operating lease liabilities     15,257       16,082  
Other current liabilities     171,826       215,154  
Total current liabilities     312,407       914,497  
             
Long-term debt     1,456,429       815,462  
Operating lease liabilities     22,604       24,079  
Other liabilities     51,668       40,457  
             
Contingencies and commitments            
             
Mezzanine equity:            
Senior preferred units, net of issue discount and offering costs (700,000 units outstanding at July 31, 2026 and 2025)     651,349       651,349  
             
Deficit:            
Limited partner unitholders            
Class A (11,357,605 Units and 4,857,605 Units outstanding at July 31, 2026 and 2025, respectively)     (1,046,995 )     (1,332,704 )
Class B (1,300,000 Units outstanding at July 31, 2025)     —       383,012  
General partner Unitholder (49,496 Units outstanding at July 31, 2026 and 2025)     (70,214 )     (70,845 )
Accumulated other comprehensive loss     (4,070 )     (95 )
Total Ferrellgas Partners, L.P. deficit     (1,121,279 )     (1,020,632 )
Noncontrolling interest     (8,405 )     (8,496 )
Total deficit     (1,129,684 )     (1,029,128 )
Total liabilities, mezzanine equity and deficit   $ 1,364,773     $ 1,416,716  

Management to provide updates on recent developments including diagnostic billing, market access & growth plans

HOUSTON, Sept. 25, 2026 (GLOBE NEWSWIRE) — CNSide Diagnostics, LLC, a wholly-owned subsidiary of Cerenome, Inc. (Nasdaq: CNSY) (“Cerenome” or the “Company”), today announced that management will host a conference call and webcast on Wednesday, September 30, 2026, at 8:30 a.m. Eastern Time to provide a business update on CNSide®, the Company’s cerebrospinal fluid (CSF) diagnostic platform, offered through its wholly owned subsidiary, CNSide Diagnostics, LLC. The update will focus on recent commercial related developments including third-party billing, market access, expansion of the commercial team and broadening of the diagnostic testing portfolio.

“Our CNSide Diagnostics team has made tremendous progress since we launched CNSide in early 2026,” said Marc H. Hedrick, M.D., Cerenome’s President and Chief Executive Officer. “We would like to provide our stockholders and the broader capital markets community the opportunity to learn more about positive recent developments, progress to 2026 goals and plans to grow and expand the business.”

Conference Call and Webcast

Date Wednesday, September 30, 2026
Time 8:30 a.m. Eastern Time
Webcast Click here to access the webcast
Dial-in (U.S./Canada) 877-270-2148
Dial-in (International) 412-902-6510
   

A replay of the webcast will be available following the conclusion of the event in the Investor Relations section of the Company’s website at www.cerenome.com.

About CNSide Diagnostics, LLC 
CNSide Diagnostics, LLC is a wholly owned subsidiary of Cerenome, Inc. that develops and commercializes proprietary laboratory-developed tests, such as CNSide®, designed to identify tumor cells that have metastasized to the central nervous system in patients with carcinomas and melanomas. The CNSide® CSF Assay Platform enables quantitative analysis of the cerebrospinal fluid that informs and improves the management of patients with leptomeningeal metastases. For more information, visit https://www.cnside-dx.com/.

About Cerenome
Cerenome (Nasdaq: CNSY) is a CNS oncology company advancing an integrated platform that combines precision diagnostics, targeted therapeutics, and artificial intelligence to improve outcomes for patients with central nervous system cancers. The Company’s CNSide® Diagnostics platform supports the detection, molecular characterization, and longitudinal monitoring of CNS cancers through cerebrospinal fluid-based testing. Its lead therapeutic platform, REYOBIQ™ (rhenium Re186 obisbemeda), is being evaluated in clinical trials for leptomeningeal metastases, recurrent glioblastoma, and pediatric brain cancers. The data & artificial intelligence platform is designed to integrate diagnostic, molecular, imaging, and clinical data into actionable insights that support precision oncology and therapeutic innovation. By integrating commercial diagnostics, targeted therapeutics, proprietary longitudinal data, and artificial intelligence within a single organization, Cerenome is building a differentiated CNS oncology platform designed to improve patient care while creating long-term shareholder value, visit https://www.cerenome.com. 

Forward-Looking Statements
This press release contains statements that may be deemed “forward-looking statements” within the meaning of U.S. securities laws, including statements regarding clinical trials, expected operations and upcoming developments. All statements in this press release other than statements of historical fact are forward-looking statements. These forward-looking statements may be identified by future verbs, as well as terms such as “expect,” “potential,” “anticipating,” “planning” and similar expressions or the negatives thereof. Such statements are based upon certain assumptions and assessments made by management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. These statements include, without limitation, statements regarding the potential market for the CNSide CSF Assay, the timing in which the CNSide CSF Assay is commercially launched and commercialization is expanded, revenue and corporate profitability expectations including support reimbursements and payments for the CNSide CSF Assay, the development and utility of the CNSide CSF Assay and expectations as to the Company’s future performance, including the next steps in developing the Company’s product candidates.

Investor Contact
CORE IR
IR@cerenome.com

ベトナム、ハノイ–(BUSINESS WIRE)–(ビジネスワイヤ) — タングステンの採掘から精製までを一貫して行う事業基盤を持つ、世界でも数少ない企業の一つであるマサン・ハイテック・マテリアルズ・コーポレーション(Masan High-Tech Materials Corporation、UPCoM:MSR、以下「MSR」)は、米国を拠点に北米の主要顧客にタングステン合金や戦略鉱物製品を供給するエルメット・グループ(The Elmet Group Co.、以下「エルメット」、NASDAQ:ELMT)との戦略的提携を発表しました。戦略的な出資と、一定量のタングステンの調達・販売を確約する複数年契約を組み合わせた本取引は、MSRが世界で最も信頼される重要鉱物加工企業へと進化し、ベトナムの一貫加工能力を通じて、世界の資源を半導体、航空宇宙、エネルギー、自動車、特殊合金、先端製造業などの戦略的最終市場につなぐグローバルな戦略素材プラットフォームを構築する上で、さらなる重要な一歩となります。 主なポイント エルメットはMSRの株式4.99%を取得する予定で、取引条件から算定されるMS

25 September 2026

Mothercare plc

Director/PDMR shareholdings

Mothercare plc has been notified that Clive Whiley has transacted in the Company’s shares.

On 25 September 2026, 15,000,000 Mothercare plc shares were purchased by Zodiac Executive Pension Scheme of which Mr Whiley is the sole beneficiary.

Further details of the notification as required under Article 19 of the EU Market Abuse Regulation are set out below:

Mothercare plc (the “Company”)
Transaction notification

1. Details of the person discharging managerial responsibilities/persons closely associated
a) Name Clive Whiley
2. Reason for notification
a) Position/Status Chairman
b) Initial notification/amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Mothercare PLC
b) LEI 213800ZL6RPV9Z9GFO74
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument and identification code Ordinary Shares of £0.01 each in the capital of Mothercare plc
ISIN: GB0009067447
b) Nature of transaction Acquisition of ordinary shares
c) Price(s) and volume(s) Price(s) Volume(s)
0.25p per share 15,000,000
d) Aggregated Information n/a
e) Date of transaction 25 September 2026
f) Place of transaction London Stock Exchange (XLON)

Accordingly, Mr Whiley has increased his interest from 50,000,000 shares to 65,000,000 shares.

LONDON–(BUSINESS WIRE)–  23-September-2026 Issue: YORKSHIRE BUILDING SOCIETY Series 19 XS2462616876 Pursuant to our appointment as Agent for the above stated issue, please be advised of the following interest rate determination: Date From: 30-June-2026 Date To: 30-September-2026 Record Date: 29-September-2026 Value Date: 30-September-2026 Benchmark Rate: 3.7479% Margin: 0.35% Total Rate: 4.0979% Floor: 0% Number of Days: 92 Day Count: Actual / 365 (Fixed) Interest Frequency: Quarterly Denomin

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the “Code”)

1.        KEY INFORMATION

(a)        Name of exempt principal trader: Investec Bank Plc
(b)        Name of offeror/offeree in relation to whose relevant securities this form relates:
        Use a separate form for each offeror/offeree
Advanced Medical Solutions Group Plc
(c)        Name of the party to the offer with which exempt principal trader is connected: Investec is Advisor & Joint Broker to Advanced Medical Solutions Group plc
(d)        Date dealing undertaken: 24th September 2026
(e)        In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?
        If it is a cash offer or possible cash offer, state “N/A”
N/A

2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received
Ordinary shares Purchase 13,660 282.3 282.3
Ordinary shares Sales 71,586 282.25 282.25

(b)        Cash-settled derivative transactions

Class of relevant security Product description
e.g. CFD
Nature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short position
Number of reference securities Price per unit
N/A N/A N/A N/A N/A

(c)        Stock-settled derivative transactions (including options)

(i)        Writing, selling, purchasing or varying

Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
e.g. American, European etc.
Expiry date Option money paid/ received per unit
N/A N/A N/A N/A N/A N/A N/A N/A

(ii)        Exercise

Class of relevant security Product description
e.g. call option
Exercising/ exercised against Number of securities Exercise price per unit
N/A N/A N/A N/A N/A

(d)        Other dealings (including subscribing for new securities)

Class of relevant security Nature of dealing
e.g. subscription, conversion
Details Price per unit (if applicable)
N/A N/A N/A N/A

3.        OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:
(i)        the voting rights of any relevant securities under any option; or
(ii)        the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”
None

Date of disclosure: 25th September 2026
Contact name: Abhishek Gawde
Telephone number: +91-9923757332

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at ssssssswwww.thetakeoverpanel.org.uk.

LONDON–(BUSINESS WIRE)–  24-September-2026 Issue: Coventry Building Society Series 5 XS2498152920 Pursuant to our appointment as Agent for the above stated issue, please be advised of the following interest rate determination: Date From: 01-September-2026 Date To: 01-October-2026 Record Date: 30-September-2026 Value Date: 01-October-2026 Benchmark Rate: 3.7358% Margin: 0.53% Total Rate: 4.2658% Floor: 0% Number of Days: 30 Day Count: Actual / 365 (Fixed) Interest Frequency: Monthly Denominati

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