Month: October 2026

8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1.        KEY INFORMATION

(a)   Full name of discloser:	Rathbones Group Plc
(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):         The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offeree	Vesuvius Plc
(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e)   Date position held/dealing undertaken:         For an opening position disclosure, state the latest practicable date prior to the disclosure	26/10/2026
(f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?         If it is a cash offer or possible cash offer, state “N/A”	No

2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	10p Ordinary Shares
	Interests		Short positions
	Number	%	Number	%
(1)   Relevant securities owned and/or controlled:	2,500,870	1.00%
(2)   Cash-settled derivatives:
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	2,500,870	1.00%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)      Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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	Purchase/sale	Number of securities	Price per unit
10p Ordinary Shares	Sale	265,259	456.83p

(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

(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

(ii)        Exercise

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

(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)
10p Ordinary Shares

4.        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 person 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 person 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

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

No

Date of disclosure:	27/10/2026
Contact name:	Callum Ridley – Compliance Department
Telephone number:	0151 243 7037

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 disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at.

Major shareholder announcement

Attachment

• Rias – Major shareholder announcement

8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1.        KEY INFORMATION

(a)   Full name of discloser:	Rathbones Group Plc
(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):         The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offeree	Eleco Plc
(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e)   Date position held/dealing undertaken:         For an opening position disclosure, state the latest practicable date prior to the disclosure	26/10/2026
(f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?         If it is a cash offer or possible cash offer, state “N/A”	No

2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	1p Ordinary Shares
	Interests		Short positions
	Number	%	Number	%
(1)   Relevant securities owned and/or controlled:	1,143,140	1.35%
(2)   Cash-settled derivatives:
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	1,143,140	1.35%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)      Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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	Purchase/sale	Number of securities	Price per unit
1p Ordinary Shares	Sale	370	230.1073p

(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

(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

(ii)        Exercise

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

(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)
1p Ordinary Shares

4.        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 person 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 person 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

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

No

Date of disclosure:	27/10/2026
Contact name:	Callum Ridley – Compliance Department
Telephone number:	0151 243 7037

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 disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at.

COLUMBIA, Md., Oct. 27, 2026 (GLOBE NEWSWIRE) — Rekor Systems, Inc. (NASDAQ: REKR) (“Rekor” or the “Company”), a provider of AI-powered roadway intelligence, today announced that it has received written notification from Nasdaq granting the Company a six-month extension, through April 26, 2027, to regain compliance with Nasdaq’s $1.00 minimum bid price requirement.

Rekor Systems’ common stock continues to trade on The Nasdaq Capital Market under the symbol “REKR.”

About Rekor Systems, Inc.

Rekor Systems, Inc. (NASDAQ: REKR) is a technology company developing trusted data, privacy, security, and intelligence solutions for real-world transportation, public safety, video, and sensor networks. Rekor’s advanced computer vision, machine learning, data security, and media authentication platforms help government agencies, public-safety organizations, transportation authorities, commercial customers, and technology partners transform visual, roadway, and sensor data into trusted, actionable intelligence. Rekor’s solutions are designed to support safer, more efficient mobility, stronger public-safety outcomes, privacy-conscious data practices, operational transparency, and evidentiary integrity.

To learn more, visit Rekor.ai.

Media & Investor Relations Contact

Charles Degliomini
Executive Vice President
Rekor Systems, Inc.
cdegliomini@rekor.ai

Forward-Looking Statements

This press release and its links and attachments contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Rekor Systems, Inc. that involve substantial risks and uncertainties, including particularly statements regarding our future results of operations and financial position, business strategy, prospective products and services, timing and likelihood of success, plans and objectives of management for future operations and future results of current and anticipated products and services. These statements involve uncertainties, such as known and unknown risks, and are dependent on other important factors that may cause our actual results, performance, or achievements to be materially different from the future results, performance or achievements we express or imply. For this purpose, any statements that are not statements of historical fact may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of these terms or other similar expressions. These forward-looking statements speak only as of the date they are made and are subject to a number of risks, uncertainties and assumptions described under the sections in our Annual Report on Form 10-K for the year ended December 31, 2025 entitled “Risk Factors” and in our subsequent Quarterly Reports on Form 10-Q filed with the SEC. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made in this press release and in other documents we file from time to time with the SEC that disclose risks and uncertainties that may affect our business. The forward-looking statements do not reflect the potential impact of any divestiture, merger, acquisition, or other business combination that had not been completed as of the date of this filing. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond our control, you should not rely on them as predictions of future events. We do not undertake any obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise.

Lifelong fan and 25-year games industry veteran promoted to lead Magic: The Gathering Dungeons & Dragons, Duel Masters and Hasbro Digital Games

RENTON, Wash., Oct. 27, 2026 (GLOBE NEWSWIRE) — Hasbro, Inc. (NASDAQ: HAS) today announced that Dan Ayoub has been named President of Wizards of the Coast & Hasbro Digital Games, effective November 2^nd. 

Ayoub will lead Magic: The Gathering, Dungeons & Dragons, Duel Masters and Hasbro Digital Games including Exodus and Warlock. He was selected after a rigorous search that evaluated dozens of internal and external candidates. He is the first internal candidate promoted into the role.

“Dan has the passion and leadership caliber to take Wizards of the Coast and Hasbro Digital Games into its next chapter,” said Chris Cocks, Chief Executive Officer of Hasbro. “He understands what our games mean to the people who play them and what it takes to build great teams and experiences. His promotion reflects one of my top priorities: developing our people. I couldn’t think of a better match to lead these businesses and I’m excited for the future with him at the helm.” 

Ayoub most recently served as Senior Vice President of Dungeons & Dragons, where he led the franchise and helped revitalize the brand across tabletop and digital. He joined Wizards of the Coast in 2022 to lead its digital studios and later served as Senior Vice President of Digital Games, growing the company’s studios and extending its partnerships around the world. 

Ayoub has been making video games for 25 years. Before Wizards, he spent 11 years at Microsoft, including as an executive producer and studio head at Halo studio 343 Industries, and later served as Vice President and General Manager of Certain Affinity. 

Ayoub is also a lifelong fan of the games he will now lead. He has played D&D with the same group of friends since he was 10, and he picked up Magic: The Gathering the year it launched. 

“I’m honored to lead Wizards of the Coast and Hasbro Digital Games, and grateful to Chris and the leadership team for this opportunity,” said Ayoub. “Magic and D&D have been part of my life for as long as I can remember, and the teams behind them are among the best in the world. We’ll put fans first, respect the artists and creators who make these worlds come alive, and set an ambitious course for growth across tabletop and digital. I can’t wait to get started.” 

About Hasbro 

Hasbro is a leading games, IP and toy company whose mission is to create joy and community through the magic of play. With 165 years of expertise, Hasbro delivers groundbreaking play experiences and reaches more than 1 billion fans annually around the world, through physical and digital games, video games, toys, licensed consumer products, location-based entertainment, film, TV and more. 

Through its franchise-first approach, Hasbro unlocks value from both new and legacy IP, including Magic: The Gathering, Dungeons & Dragons, Monopoly, Hasbro Games, Nerf, Transformers, Play-Doh and Peppa Pig, as well as premier partner brands. Powered by its portfolio of thousands of iconic marks and a diversified network of partners and subsidiary studios, Hasbro brings fans together wherever they are, from tabletop to screen.  

For more than a decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media, a 2026 JUST Capital Industry Leader, a Brand that Matters by Fast Company, and one of the 50 Most Community-Minded Companies in the U.S. by the Civic 50 for fourteen consecutive years. For more information, visit https://corporate.hasbro.com or follow Hasbro on LinkedIn. 

HAS-C

Hasbro Media Contact:

Crystal Flynn
crystal.flynn@hasbro.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/df783448-1325-4c8d-81a7-7a7b07bc0066

AB “Ignitis grupė” (hereinafter – the Group) informs that its subsidiary AB “Energijos skirstymo operatorius” (hereinafter – ESO) is submitting its updated 2026–2035 investment plan (hereinafter – the Investment Plan) for public consultation (link).

Compared with the previous 2024–2033 investment plan, planned investments increase from EUR 3.5 billion to EUR 4.4 billion. This increase is mainly driven by additional investments in network resilience under the Action Plan for Electricity Network Resilience Measures approved by the Government of the Republic of Lithuania and by the growing volume of new electricity customer connections. Most investments will be allocated to two strategic areas:

1. Network resilience and modernisation. The aim is to ensure reliable, high-quality electricity and gas distribution and faster restoration of energy supply after disruptions. In forested areas, overhead lines are being replaced with underground cables; the overall target is to place 5,900 km of lines underground by 2030. The programme also includes renewing the ageing electricity network, maintaining the gas network, automating the electricity network, digitalising its operations and installing smart meters. EUR 2.27 billion is planned for this programme (EUR 564 million more than in the previous plan).
2. New customers and renewable energy sources (hereinafter – RES). The aim is to connect new customers smoothly and integrate RES optimally while making full use of the existing infrastructure. Investments will support new electricity customer connections, increases in customers’ permitted capacity, and the connection of prosumers and producers to the distribution network. EUR 2.15 billion is planned for this programme (EUR 354 million more than in the previous plan).

ESO will finance the investments using its own and borrowed funds, European Union funding and funding from other sources. The Investment Plan is updated every two years and submitted to the National Energy Regulatory Council (hereinafter – NERC) for agreement in accordance with applicable legislation. Specific investment projects included in the Investment Plan will also be coordinated with NERC.

The investments set out in the Investment Plan are planned investments. Specific investment decisions, including their scope, implementation schedule and financing, will depend on regulatory approval, the availability of funding and other economic, legal and factual circumstances. Accordingly, publication of the Investment Plan does not constitute a final investment decision.

The public consultation period for the Investment Plan will be three weeks. If there are no material changes following agreement with NERC and approval of the final Investment Plan, no separate announcement will be published through the stock exchanges.

The information provided in this announcement does not affect the Group’s Adjusted EBITDA and Investments guidance for 2026.

For additional information, please contact:

Communications
Valdas Lopeta
+370 621 77993
valdas.lopeta@ignitis.lt

Weekly Series Premiering October 30 Inspires Preschoolers to Imagine, Create and Explore with Play-Doh Compound

View the Trailer HERE
Press Assets HERE

PAWTUCKET, R.I., Oct. 27, 2026 (GLOBE NEWSWIRE) — Hasbro, a leading games, IP and toy company, today announced Play-Doh with Margo, a new original YouTube series that brings the hands-on creativity of the Play-Doh brand to digital entertainment for preschoolers. The official trailer is available now ahead of the series premiere on Friday, October 30.

Hosted by the playful and energetic Margo, the series uses songs, games and imaginative “What if…?” questions to inspire children to create alongside the show. Each episode explores a playful possibility, such as “What if pumpkins liked dressing up?,” “What if dragons didn’t breathe fire?” or “What if vegetables had superpowers?,” before encouraging viewers to bring the idea to life with Play-Doh compound.

“For generations, the Play-Doh brand has given children the freedom to imagine, experiment and bring their ideas to life,” said Kim Boyd, President of Licensing and Entertainment at Hasbro. “Play-Doh with Margo brings that creative spirit to entertainment, giving preschoolers a playful place to start and inviting them to get hands-on, make each creation their own and see where their imaginations take them.”

Each episode follows a recurring format that guides children from inspiration to creation. After Margo welcomes viewers, she discovers something that sparks the episode’s “What if…?” question and previews the featured creation during “The Unsquish.” She shapes the idea with Play-Doh compound in “Imaginoodle” and explores ways to customize it in “Switch-Up.” The “Can-Can Shuffle” then determines what comes next: a “Mission Make,” an upbeat “Silly Song” or a real-world “Exploration.” Finally, the finished creation comes to life in an animated short story.

The series currently has 42 episodes planned, with new installments rolling out weekly in five languages: English, French, German, Brazilian Portuguese and Latin American Spanish. Fans can watch the trailer and new episodes of Play-Doh with Margo on the official Play-Doh YouTube channel.

For more information, follow the Play-Doh brand on Facebook, Instagram and TikTok.

About Hasbro 
Hasbro is a leading games, IP and toy company whose mission is to create joy and community through the magic of play. With 165 years of expertise, Hasbro delivers groundbreaking play experiences and reaches more than 1 billion fans annually around the world, through physical and digital games, video games, toys, licensed consumer products, location-based entertainment, film, TV and more. 

Through its franchise-first approach, Hasbro unlocks value from both new and legacy IP, including Magic: The Gathering, Dungeons & Dragons, Monopoly, Hasbro Games, Nerf, Transformers, Play-Doh and Peppa Pig, as well as premier partner brands. Powered by its portfolio of thousands of iconic marks and a diversified network of partners and subsidiary studios, Hasbro brings fans together wherever they are, from tabletop to screen. 

For more than a decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media, a 2026 JUST Capital Industry Leader, a Brand that Matters by Fast Company, and one of the 50 Most Community-Minded Companies in the U.S. by the Civic 50 for fourteen consecutive years. For more information, visit https://corporate.hasbro.com or follow Hasbro on LinkedIn. 

Media Contact: Kim Kugler | Hasbro, Inc. | hasbrobrandpr@hasbro.com

Hosted by award-winning filmmaker and entrepreneur Mike Smith, the program will premiere in December 2026; additional partnership opportunities are available.

Lincoln, Nebraska, Oct. 27, 2026 (GLOBE NEWSWIRE) — GO FIND IT! Nebraska, a new 60-minute special produced by Lee Enterprises’ Brand Ave Studios, will take viewers across the state to explore the destinations, businesses and community stories that make Nebraska a place to discover.

Hosted by Mike Smith, an award-winning Nebraska filmmaker, entrepreneur, travel and adventure keynote speaker and founder of The Bay, the special will feature experiences across western, central and eastern Nebraska, including Scottsbluff/Gering, Chadron, Ogallala, North Platte, Kearney, Grand Island, Lincoln and Omaha.

The journey will showcase Nebraska’s range of attractions, from the distinctive landscapes of Toadstool Geologic Park and horseback adventures at Dusty Trails to Husker Harvest Days, Kearney’s Archway and live entertainment at Pinnacle Bank Arena. Along the way, Smith will meet the people behind the destinations and introduce viewers to experiences they can explore for themselves.

“A wise person once told me, there’s no such thing as boring places, only boring people,” Smith said. “And that’s why I’m here, to show you around a little bit. Take you to the places off the beaten path. Places you can’t find on Google Maps. Those places that only a local can show you.”

Smith said he is looking for untold Nebraska stories, especially the “weird, the hyper-local and the stubbornly authentic parts of the state that don’t make it into mainstream travel brochures.”

The special will also highlight Nebraska’s business community, including Chief Industries, CompanyCam and Kawasaki Motors Manufacturing. These features will explore how manufacturing, technology, agriculture, and entrepreneurship shape the state’s economy and communities.

GO FIND IT! Nebraska is presented by Kawasaki and LOVB Nebraska Volleyball. Other partners include: Chief Industries, CompanyCam, Elite Casino Resorts, Allo Fiber, The Archway, Visit North Platte, Chadron Community Hospital, Chadron State College, Vala’s, and others.  

Pump & Pantry is the project’s Official Fuel Partner, supporting Smith and the production crew throughout their statewide travels.

Participating Lee Enterprises’ news organizations include the Scottsbluff Star-Herald, North Platte Telegraph, Kearney Hub, Grand Island Independent, Lincoln Journal Star and Omaha World-Herald. A coordinated promotional campaign will support the premiere and chapter releases through digital advertising, print, social media, newsletters, video advertising and homepage placements.

“At Lee Enterprises, our tagline is ‘Where Your Story Lives.’ We tell those stories every day through our newspapers and digital platforms and Go Find It! Nebraska gives us an exciting new way to bring them to life and reach audiences far beyond our borders. I couldn’t imagine a better partner than Mike Smith to help us tell the story of this great state,” said Ava Thomas, regional vice president for Lee Enterprises.

The special is scheduled to premiere in December 2026 across Lee Enterprises’ Nebraska news websites and MikeSmithLive.com. Six individual chapters will follow in early 2027, accompanied by short-form videos and social content highlighting featured communities, businesses and experiences.

Additional partnership opportunities remain available for businesses, tourism organizations and community partners. Options include statewide partnerships, category partnerships and featured market opportunities. Depending on the package, participating organizations may receive program recognition, integration into relevant storytelling, companion video content and promotional exposure across Lee Enterprises’ Nebraska footprint.

For partnership information, contact Katie Kinsella at 402-473.7138 or Katie.Kinsella@Lee.net.

CONTACT: Robin Gruen
Lee Enterprises/Brand Ave. Studios
rgruen@brandavestudios.com

AB “Ignitis grupė” (hereinafter – the Group) informs that its subsidiary AB “Energijos skirstymo operatorius” (hereinafter – ESO) is submitting its updated 2026–2035 investment plan (hereinafter – the Investment Plan) for public consultation (link).

Compared with the previous 2024–2033 investment plan, planned investments increase from EUR 3.5 billion to EUR 4.4 billion. This increase is mainly driven by additional investments in network resilience under the Action Plan for Electricity Network Resilience Measures approved by the Government of the Republic of Lithuania and by the growing volume of new electricity customer connections. Most investments will be allocated to two strategic areas:

1. Network resilience and modernisation. The aim is to ensure reliable, high-quality electricity and gas distribution and faster restoration of energy supply after disruptions. In forested areas, overhead lines are being replaced with underground cables; the overall target is to place 5,900 km of lines underground by 2030. The programme also includes renewing the ageing electricity network, maintaining the gas network, automating the electricity network, digitalising its operations and installing smart meters. EUR 2.27 billion is planned for this programme (EUR 564 million more than in the previous plan).
2. New customers and renewable energy sources (hereinafter – RES). The aim is to connect new customers smoothly and integrate RES optimally while making full use of the existing infrastructure. Investments will support new electricity customer connections, increases in customers’ permitted capacity, and the connection of prosumers and producers to the distribution network. EUR 2.15 billion is planned for this programme (EUR 354 million more than in the previous plan).

ESO will finance the investments using its own and borrowed funds, European Union funding and funding from other sources. The Investment Plan is updated every two years and submitted to the National Energy Regulatory Council (hereinafter – NERC) for agreement in accordance with applicable legislation. Specific investment projects included in the Investment Plan will also be coordinated with NERC.

The investments set out in the Investment Plan are planned investments. Specific investment decisions, including their scope, implementation schedule and financing, will depend on regulatory approval, the availability of funding and other economic, legal and factual circumstances. Accordingly, publication of the Investment Plan does not constitute a final investment decision.

The public consultation period for the Investment Plan will be three weeks. If there are no material changes following agreement with NERC and approval of the final Investment Plan, no separate announcement will be published through the stock exchanges.

The information provided in this announcement does not affect the Group’s Adjusted EBITDA and Investments guidance for 2026.

For additional information, please contact:

Communications
Valdas Lopeta
+370 621 77993
valdas.lopeta@ignitis.lt