Month: September 2026

Mothercare plc Annual General Meeting 24 September 2026: Results

Annual General Meeting

At the annual general meeting held at 11.00am on 24 September 2026, the resolutions before the meeting were passed.

The following proxy votes had been received by the Company in respect of the resolutions:

Resolutions 11 to 13 were Special Resolutions.

	Resolution	Votes For	%	Votes Against	%	Total votes cast (including discretionary)	% Votes Cast	Votes withheld*
1	To receive the annual accounts, directors’ report, strategic report, directors’ remuneration report and auditor’s report	361,966,801	99.99%	21,324	0.01%	361,988,125	63.20	153,370
2	To approve the directors’ remuneration report	361,543,704	99.87%	460,739	0.13%	362,004,443	63.20	137,052
3	To re-elect Clive Whiley as a director	361,795,670	99.93%	251,702	0.07%	362,047,372	63.21	94,123
4	To re-elect Andrew Cook as a director	361,570,491	99.87%	475,108	0.13%	362,045,599	63.21	95,896
5	To re-elect Gillian Kent as a director	361,857,059	99.95%	197,769	0.05%	362,054,828	63.21	86,667
6	To re-elect Brian Small as a director	361,896,929	99.97%	126,214	0.03%	362,023,143	63.20	118,352
7	To re-appoint RPGCC as auditor of the company	361,886,008	99.98%	57,887	0.02%	361,943,895	63.19	197,600
8	Auditors remuneration	361,869,077	99.94%	220,773	0.06%	362,089,850	63.21	51,645
9	Authority for the directors to allot shares	361,578,850	99.87%	486,480	0.13%	362,065,330	63.21	76,165
10	To authorise political donations by the company and its subsidiaries	360,497,924	99.56%	1,604,285	0.44%	362,102,209	63.22	39,286
11	Authority to disapply pre-emption rights	361,450,760	99.83%	627,484	0.17%	362,078,244	63.21	63,044
12	Authority to further disapply pre-emption rights	361,774,276	99.92%	296,307	0.08%	362,070,583	63.21	70,912
13	Authority to purchase own shares	361,562,957	99.98%	62,093	0.02%	361,625,050	63.13	516,445

Notes
* A vote withheld is not a vote in law and is not counted in the calculation of votes ‘for’ and ‘against’ each resolution

As at 22 September 2026, the Company’s issued share capital and total voting rights consisted of 572,807,611 ordinary shares each carrying voting rights. There are no shares in treasury. As a result, proxy votes representing approximately 49 to 58% of the voting capital were cast for the AGM.

The full text of the resolutions can be found in the Notice of Meeting on the Company’s website, www.mothercareplc.com.

Further details:        

Investor and analyst enquiries to:
Mothercare plc                                Email: investorrelations@mothercare.com
Clive Whiley, Chairman
Andrew Cook, Chief Financial Officer

Deutsche Numis                        Tel: 020 7260 1000
(NOMAD & Joint Corporate Broker)         
Luke Bordewich

Cavendish Capital Markets Limited
(Joint Corporate Broker)                Tel: 020 7220 0500
Matt Goode

214-unit Class A multifamily property expands Stewards’ Real Assets platform with operating plan targeting NOI growth from $1.7 million to $4.2 million at stabilization

FORT LAUDERDALE, Fla., Sept. 24, 2026 (GLOBE NEWSWIRE) — Stewards, Inc. (Nasdaq: SWRD) (“Stewards” or the “Company”), a diversified financial platform spanning private credit, real assets and technology, announced that on Sept. 23, 2026, it completed its previously disclosed acquisition of Envy Pompano Beach (“Envy”), a 214-unit Class A mixed-use multifamily community in Pompano Beach, Florida.

Stewards acquired 100% of the membership interests in the entities that own Envy for a contractual purchase price of $90.0 million. The transaction included approximately $42.7 million of contractual rollover equity, represented by 14.2 million restricted shares of Stewards common stock, together with a $47.7 million property-level loan from LoanCore Capital Credit REIT LLC.

The shares were issued using a negotiated contractual value of $3.00 per share solely to determine the number of shares issued under the transaction documents. The $3.00 contractual value does not represent the market price of Stewards common stock at closing. The accounting value of the shares and resulting purchase accounting remain subject to final valuation and auditor review.

As of August 26, 2026, Envy was 89.3% physically occupied and 93.0% leased. The property generated approximately $5.3 million in trailing 12-month revenue. Stewards’ operating plan targets approximately 95% occupancy and NOI of over $4.2 million at stabilization. NOI represents property revenue less property operating expenses and is calculated before interest, depreciation, amortization, corporate overhead and income taxes.

The operating plan targets over $2.5mm in NOI growth through a combination of increased residential occupancy, improved collections, reduced concessions and non-revenue units, greater operating efficiency, and additional revenue from the property’s retail and marina components.

“The acquisition of Envy represents another important step in the continued expansion of our Real Assets platform,” said Shaun Quin, Chief Executive Officer of Stewards, Inc. “We are adding a substantial South Florida multifamily asset with a defined operating plan and clear opportunities to improve performance. Our focus now turns to execution, increasing occupancy, strengthening property-level economics and realizing the long-term potential of the asset.”

A Defined Operating Plan

Envy consists of two 11-story buildings completed in 2020 and includes 214 residential units, a 26-slip marina and a three-story community center. The property’s residential, retail and marina components provide multiple opportunities for Stewards to drive improved operating performance through its stabilization plan.

Stewards Realty, led by the recently integrated JOSS Realty Partners team, will oversee execution of the property’s operating plan and oversee the property-management transition. The Stewards Realty team brings an institutional real estate track record spanning over 30 acquisitions, approximately 3.4 million square feet and more than $1.2 billion in transaction value.

In addition to increasing residential occupancy toward approximately 95%, Stewards plans to lease approximately 5,575 square feet of retail space and increase utilization of the property’s 26-slip marina.

The Company’s current business plan does not include a condominium conversion.

“Envy gives us several identifiable levers to improve property-level performance without relying on a major renovation program,” said Larry Botel, President of Stewards Realty. “Our immediate focus is on occupancy, collections, concessions and operating discipline, while also capturing additional revenue opportunities from the property’s retail and marina components. We believe there is a clear path to improving NOI as we execute the stabilization plan.”

Transaction Structure

The acquisition was financed through the $47.7 million LoanCore property-level loan, representing approximately 53% of the contractual purchase price, together with contractual rollover equity. The transaction was arranged by BayBridge Real Estate Capital, with Jay Miller, Spencer Miller, AJ Felberbaum, Noah Rothman and Jonah Gentleman leading the placement effort on behalf of the Company.

The acquisition resulted in the issuance of 14.2 million restricted shares of Stewards common stock. Based on 211.4 million common shares outstanding immediately prior to closing, Stewards has approximately 225.6 million common shares outstanding following the transaction.

All consideration shares issued in the transaction are initially restricted and none are freely tradable solely as a result of the closing. Seven million of the consideration shares are subject to an escrow and settlement arrangement and may require up to seven monthly cash payments of $3 million, beginning Oct. 5, 2026. One million escrowed shares are subject to cancellation upon each scheduled payment. If all seven payments are made, the aggregate cash settlement will total $21 million, approximately seven million of the initially issued shares will be canceled and Stewards would have approximately 218.6 million common shares outstanding, assuming no other changes to shares outstanding.

“We were deliberate in structuring the transaction around both the operating opportunity and its impact on our capital structure,” said Katy Murless, CFA, Chief Financial Officer of Stewards, Inc. “The transaction increases our common shares outstanding at closing, and we believe it is important to be transparent about that. At the same time, all consideration shares are initially restricted, and the escrow arrangement provides a mechanism under which up to seven million shares may ultimately be canceled as the corresponding settlement obligations are satisfied.”

Additional information regarding the acquisition, financing, escrow arrangement and other transaction terms will be included in a Current Report on Form 8-K to be filed with the SEC.

About Stewards, Inc.

Stewards, Inc. (Nasdaq: SWRD) is a diversified financial platform spanning private credit, real assets and technology. Through Stewards Business Capital, the Company provides revenue-based financing to small and midsized businesses through its origination, underwriting and servicing platform. Stewards’ Real Assets business expands the platform through income-producing real estate, while the Company continues to develop technology and infrastructure designed to improve efficiency and connectivity across its businesses.

About Envy Pompano Beach

Envy Pompano Beach is a Class A mixed-use multifamily property located in Pompano Beach, Florida. Completed in 2020, the property consists of two 11-story buildings with 214 residential units, a 26-slip marina and a three-story community center, along with approximately 5,575 square feet of retail space. The property is located in the South Florida market and combines residential, retail and marina components within a single waterfront community.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable federal securities laws. These statements include, among other things, statements regarding Envy’s expected occupancy, NOI, revenue and operating performance; the Company’s stabilization and operating plans; expected benefits of the acquisition; potential retail and marina revenue; the Company’s ability to fund scheduled settlement payments and the potential cancellation of escrowed shares; and the Company’s broader Real Assets strategy. Forward-looking statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include the Company’s ability to execute its operating plan, improve occupancy and collections, reduce concessions and expenses, lease retail and marina space and satisfy its financing and other transaction-related obligations. Additional risks and uncertainties are described in Stewards’ filings with the U.S. Securities and Exchange Commission. Stewards undertakes no obligation to update forward-looking statements except as required by law.

Investor Relations
Stewards, Inc.
IR@Stewards.com
Stewards.com

Media Contact
Scott McGowan
Chief Marketing Officer
Stewards, Inc.
IR@Stewards.com

TROY, Mich., Sept. 24, 2026 (GLOBE NEWSWIRE) — Viper Networks (OTCID: VPER) announced the shipment of its first smart city project in Saudi Arabia. The deliveries of its Apollo Smart Lighting System, one of the marquis products in the company’s Community line, began arriving on September 21 and will continue through early October.

The system included AC smart lights with smart grid control systems that allow the lights to dim and turn on and off on demand along with status and power consumption monitoring, solar powered lights with self-cleaning systems and high powered smart flood lights to illuminate facilities and can be controlled on demand during some sports activities. Certain lights were outfitted with smart cameras to detect and read license plates entering and exiting the target facilities, while other cameras will be used with surveillance cameras to monitor visitor safety. The system is equipped with WiFi network capabilities to service the premises.

“This is the first of many projects in our pipeline in Saudi Arabia and Sri Lanka” said Erik Levitt, the company’s CEO. “As a management team we are committed to all five pillars of the Everything Wireless: Telecom+Energy Strategy, and our Community line of products, which includes our smart poles and Apollo smart lighting system are the foundation of our smart city business practice.” The company designs and manufactures the Apollo smart lighting system and several models of its poles which vary in size and capacity. The largest Community poles have up to three edge data centers enclosures capable of light to moderate edge computing loads and can support AI edge applications. Earlier this year the company announced its US mobile and smart city pilot in Pagosa Springs, Colorado, which will include the deployment of its entire Community line. “The integration of utility scale energy solutions, smart cities and wireless telecommunications is the future and 0Wire is at the forefront of these solutions,” added Levitt.

Receipts from the project will be reflected as deferred revenue in the current quarter and will be recognized as revenue in the fourth quarter when all shipments have been received and reflected in the company’s 2026 annual financial statements.

ABOUT VIPER NETWORKS, INC.
Viper Networks is a service provider of telecommunications, smart city and energy generation projects. Our “Everything Wireless” strategy is designed to integrate mobility, fixed wireless, over-the-top (“OTT”) technologies and smart cities into a single platform that can deployed in any market globally. For more information go to www.ViperNetworks.com or follow on X (formerly Twitter) Twitter@vipernetworks.

Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995

Company Investor Relations Hotline: +1 248-724-1300