Tag: GlobeNewswire

Common Stock PIPE Strengthens Telomir’s Capital Position as Company Advances Telomir-Zn into Clinical Development Under FDA-Cleared IND in Triple-Negative Breast Cancer (TNBC)

MIAMI, Oct. 06, 2026 (GLOBE NEWSWIRE) — Telomir Pharmaceuticals, Inc. (NASDAQ: TELO), a clinical-stage biotechnology company developing small-molecule therapeutics targeting epigenetic and metabolic drivers of cancer, today announced an approximately $5.6 million private investment in public equity (PIPE) financing through the issuance of common stock, without any accompanying investor warrants or convertible securities.

The financing includes an additional $1.0 million investment from billionaire entrepreneur and existing significant shareholder John Paul DeJoria, co-founder of John Paul Mitchell Systems and Patrón Spirits. Other existing shareholders and new investors also participated in the financing.

DeJoria most recently reported beneficial ownership of approximately 3.55 million shares, representing approximately 5.0% of Telomir’s outstanding common stock. His additional $1.0 million investment further increases his investment in Telomir as the Company advances its lead program into clinical development.

“I have always looked for opportunities that can do the greatest good for the greatest number of people, and that is part of what attracted me to Telomir,” said John Paul DeJoria. “Cancer continues to take an enormous toll on patients and families, and there remains a need for new approaches that can potentially improve the way we treat this disease. Telomir is pursuing a different scientific approach, and with the Company now moving into human clinical trials, I am pleased to increase my investment and support the team as they work to determine what Telomir-Zn may be able to do for patients.”

Alexander Capital, L.P. acted as placement agent for the financing. The Company expects to receive aggregate gross proceeds of approximately $5.6 million, before deducting placement agent fees and other offering expenses.

Financing Terms

Under the terms of the financing, Telomir issued 4,843,300 shares of common stock at a purchase price of $1.16 per share, representing a 5% discount to the applicable 10-day volume-weighted average price (VWAP). The financing resulted in aggregate gross proceeds to the Company of approximately $5.6 million, before deducting placement agent fees and other offering expenses.

Investors in the financing purchased common stock at a fixed price, with no accompanying investor warrants, convertible securities, or variable-price or reset features.

The securities were issued in a private placement. Telomir has agreed to file a registration statement with the U.S. Securities and Exchange Commission covering the resale of the shares issued in the financing, subject to the terms of the Registration Rights Agreement.

The Company intends to use the net proceeds primarily to support the clinical development of Telomir-Zn, including its Phase 1/2 clinical program in advanced or metastatic triple-negative breast cancer (TNBC), as well as for working capital and general corporate purposes.

“We have been very deliberate about how and when we access the capital markets,” said Erez Aminov, Chairman and CEO of Telomir. “Our strategy is to raise capital around meaningful milestones, deploy it toward value-driving objectives and progressively de-risk the program, while remaining mindful of our existing shareholders. As Telomir enters clinical development, our focus is on execution: deploying this capital efficiently to advance Telomir-Zn through its Phase 1/2 clinical program, generate meaningful human data and position the Company strongly for the milestones ahead.”

Strengthening Telomir’s Position for Clinical Execution

The financing comes as Telomir advances Telomir-Zn, its lead investigational oral small molecule, into human clinical evaluation. The U.S. Food and Drug Administration has cleared Telomir’s Investigational New Drug (IND) application for Telomir-Zn, enabling the Company to proceed with its first-in-human Phase 1/2 clinical trial in patients with advanced or metastatic TNBC.

TNBC is an aggressive form of breast cancer defined by the absence of three common therapeutic targets, estrogen receptors, progesterone receptors, and HER2, limiting the applicability of many targeted treatments used in other forms of breast cancer. Patients with advanced or metastatic disease continue to face a significant need for additional treatment options.

The multicenter, open-label Phase 1/2 study is designed to move Telomir-Zn from initial human dosing through dose selection and into an efficacy-focused expansion. The Phase 1 portion will evaluate safety, tolerability, and dose selection while also assessing pharmacodynamic biomarkers and preliminary signals of antitumor activity. The Phase 2 expansion is designed to build on those findings with a greater focus on efficacy, providing an initial clinical proof-of-concept assessment of Telomir-Zn in advanced or metastatic TNBC.

A New Epigenetic Approach to Treating Cancer

Telomir-Zn is being developed as a potentially first-in-class oral epigenetic therapy designed to modulate intracellular metal homeostasis, particularly iron and copper, and influence gene-control pathways implicated in cancer. Preclinical studies have demonstrated inhibition of multiple iron-dependent histone demethylases (KDMs), supporting the Company’s hypothesis that Telomir-Zn may help restore more normal epigenetic regulation and potentially reactivate tumor-suppressor pathways that cancer has silenced.

About Telomir Pharmaceuticals

Telomir Pharmaceuticals, Inc. (NASDAQ: TELO) is a clinical-stage biotechnology company developing small-molecule therapeutics targeting epigenetic and metabolic pathways implicated in cancer. The Company’s lead program, Telomir-Zn, is designed to modulate intracellular metal homeostasis and epigenetic regulation and has received Investigational New Drug clearance from the U.S. Food and Drug Administration for a Phase 1/2 clinical trial in patients with advanced or metastatic triple-negative breast cancer. For more information, please visit https://telomirpharma.com/.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “can,” “could,” “would,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” “guidance,” “potential,” “intend,” “seek,” “target,” and other words of similar meaning, although not all forward-looking statements include these words.

Forward-looking statements may include, but are not limited to, statements regarding the therapeutic potential, mechanism of action, development plans, regulatory pathway, safety profile, clinical utility, market opportunity, and future development of Telomir-1 (Telomir-Zn) and the Company’s other product candidates. Forward-looking statements may also include statements regarding the anticipated closing of the financing described herein, the expected proceeds from and intended use of such proceeds, the significance of the published preclinical findings, the relevance of such findings to the Company’s oncology development programs, the advancement of the Company’s Phase 1/2 TNBC clinical trial, and the potential applicability of Telomir-Zn across multiple disease areas.

These forward-looking statements are based on current expectations, estimates, forecasts, and projections, as well as management’s beliefs and assumptions, and are subject to significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, risks related to preclinical and clinical development, the ability to obtain regulatory approvals, the outcome of future studies, reliance on third parties, intellectual property protection, financing needs, market conditions, and the other risks identified under the heading “Risk Factors” contained in the Company’s Annual Report on Form 10-K and the Company’s other filings with the U.S. Securities and Exchange Commission (“SEC”).

Forward-looking statements contained in this press release speak only as of the date hereof, and the Company undertakes no obligation to update or revise such statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.

We caution investors not to place undue reliance on the forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at the SEC website and in the “Investors” section of our website, for a discussion of these and other risks and uncertainties.

Private Placement Disclosure

The securities described in this press release are being offered and sold in a private placement and have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws. Accordingly, the securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

The Company has agreed to file a registration statement with the U.S. Securities and Exchange Commission covering the resale of the shares of common stock issued in the private placement, subject to the terms and conditions of the applicable registration rights agreement.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

Contact Information

Krystina Quintana
Email: info@telomirpharma.com
Phone: (786) 396-6723

SPRINGFIELD, N.J., Oct. 06, 2026 (GLOBE NEWSWIRE) — Village Super Market, Inc. (NSD-VLGEA) today reported its results of operations for the fourth quarter ended July 25, 2026.

Fourth Quarter of Fiscal 2026 Highlights

• Net income of $13.6 million, or $0.92 per Class A diluted share
• Sales and same store sales each increased 1.6%
• Same store digital sales increased approximately 6%

Year-To-Date Fiscal 2026 Highlights

• Net income of $52.5 million, or $3.54 per Class A diluted share
• Sales increased 3.7% and same store sales increased 2.2%
• Same store digital sales increased approximately 11%

Fourth Quarter of Fiscal 2026 Results

Sales were $609.6 million in the 13 weeks ended July 25, 2026 compared to $599.7 million in the 13 weeks ended July 26, 2025. Sales increased due primarily to same store sales growth of 1.6% and the opening of our East Orange, NJ replacement store on May 27, 2026. Same store sales increased due primarily to digital sales growth, strong performance in fresh and pharmacy departments, and continued growth in recently remodeled and replacement stores. These increases were partially offset by egg price deflation, competitive store openings and sales cannibalization from the East Orange replacement store. New stores, replacement stores and stores with banner changes are included in same store sales in the quarter after the store has been in operation for four full quarters. Store renovations and expansions are included in same store sales immediately.

Gross profit as a percentage of sales increased to 28.24% in the 13 weeks ended July 25, 2026 compared to 28.17% in the 13 weeks ended July 26, 2025 due primarily to increased departmental gross margin percentages (.28%), largely offset by an unfavorable change in product mix (.08%), lower patronage dividends and other rebates received from Wakefern (.04%), increased promotional spending (.04%) and increased warehouse assessment charges from Wakefern (.03%). The increase in department gross margin is due primarily to improvements in shrink and commissary operations.

Operating and administrative expense as a percentage of sales increased to 23.92% in the 13 weeks ended July 25, 2026 compared to 23.11% in the 13 weeks ended July 26, 2025. Adjusted operating and administrative expense as a percentage of sales increased to 23.92% in the 13 weeks ended July 25, 2026 compared to 23.34% in the 13 weeks ended July 26, 2025. The increase in Adjusted operating and administrative expense is due primarily to higher employee costs (.16%), store pre-opening costs (.09%), external service, technology and payment processing costs (.08%), occupancy costs (.08%), facility insurance premiums (.07%), legal and other professional fees (.06%), and non-recurring costs associated with fire and power outage incidents (.05%). These increases were partially offset by lower advertising costs (.07%).

Depreciation and amortization expense increased in the 13 weeks ended July 25, 2026 compared to the comparative prior fiscal year period due primarily to capital expenditures.

Interest expense decreased in the 13 weeks ended July 25, 2026 compared to the comparative prior year fiscal period due primarily to lower average outstanding debt balances.

Interest income decreased in the 13 weeks ended July 25, 2026 compared to the comparative prior fiscal year period due primarily to lower interest rates on variable rate notes receivable from Wakefern and demand deposits invested at Wakefern.

The Company’s effective income tax rate was 30.6% in the 13 weeks ended July 25, 2026 compared to 31.4% in the 13 weeks ended July 26, 2025.

Net income was $13.6 million in the 13 weeks ended July 25, 2026 compared to $15.5 million in the 13 weeks ended July 26, 2025. Adjusted net income was $13.6 million in the 13 weeks ended July 25, 2026 compared to $15.6 million in the 13 weeks ended July 26, 2025.

Year-To-Date Fiscal 2026 Results

Sales were $2.406 billion in the 52 weeks ended July 25, 2026 compared to $2.321 billion in the 52 weeks ended July 26, 2025. Sales increased due primarily to same store sales growth of 2.2% and the openings of the Watchung, NJ and East Orange, NJ replacement stores on April 9, 2025 and May 27, 2026, respectively. Same store sales increased due primarily to digital sales growth, strong performance in fresh and pharmacy departments, and continued growth in remodeled and replacement stores. These increases were partially offset by egg price deflation and sales cannibalization from the Watchung replacement store.

Gross profit as a percentage of sales decreased to 28.17% in the 52 weeks ended July 25, 2026 compared to 28.57% in the 52 weeks ended July 26, 2025 due primarily to lower patronage dividends and other rebates received from Wakefern (.32%), an unfavorable change in product mix (.07%) and increased promotional spending (.05%), partially offset by increased departmental gross margin percentages (.07%).

Operating and administrative expense as a percentage of sales increased to 24.06% in the 52 weeks ended July 25, 2026 compared to 23.92% in the 52 weeks ended July 26, 2025. Adjusted operating and administrative expense as a percentage of sales increased to 24.05% in the 52 weeks ended July 25, 2026 compared to 23.98% in the 52 weeks ended July 26, 2025. The increase in Adjusted operating and administrative expense is due primarily to higher legal and other professional fees (.12%), utility, repair and maintenance costs (.10%), facility insurance costs (.06%) and store pre-opening costs (.06%). These increases were largely offset by lower employee costs (.13%), lower advertising costs (.10%) and short-term rental income (.05%).

Depreciation and amortization expense increased in the 52 weeks ended July 25, 2026 compared to the comparative prior fiscal year period due primarily to capital expenditures.

Interest expense decreased in the 52 weeks ended July 25, 2026 compared to the comparative prior fiscal year period due primarily to lower average outstanding debt balances.

Interest income decreased in the 52 weeks ended July 25, 2026 compared to the comparative prior fiscal year period due primarily to lower interest rates on variable rate notes receivable from Wakefern and demand deposits invested at Wakefern.

The Company’s effective income tax rate was 28.8% in the 52 weeks ended July 25, 2026 compared to 31.1% in the 52 weeks ended July 26, 2025. The decline in the effective tax rate was primarily due to the excess tax benefit from vested stock-based compensation in the 52 weeks ended July 25, 2026.

Net income was $52.5 million in the 52 weeks ended July 25, 2026 compared to $56.4 million in the 52 weeks ended July 26, 2025. Adjusted net income was $52.7 million in the 52 weeks ended July 25, 2026 compared to $56.4 million in the 52 weeks ended July 26, 2025.

Village Super Market, Inc. operates a chain of 34 supermarkets in New Jersey, New York, Maryland and Pennsylvania under the ShopRite and Fairway banners and three Gourmet Garage specialty markets in New York City.

Forward Looking Statements

All statements, other than statements of historical fact, included in this Press Release are or may be considered forward-looking statements within the meaning of federal securities law. The Company cautions the reader that there is no assurance that actual results or business conditions will not differ materially from future results, whether expressed, suggested or implied by such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect developments or information obtained after the date hereof. The following are among the principal factors that could cause actual results to differ from the forward-looking statements: general economic conditions; competitive pressures from the Company’s operating environment; the ability of the Company to maintain and improve its sales and margins; the ability to attract and retain qualified associates; the availability of new store locations; the availability of capital; the liquidity of the Company; the success of operating initiatives; consumer spending patterns; the impact of changing energy prices; increased cost of goods sold, including increased costs from the Company’s principal supplier, Wakefern; disruptions or changes in Wakefern’s operations; the results of litigation; the results of tax examinations; the results of union contract negotiations; competitive store openings and closings; labor shortages; disruptions to supply chains; and other factors detailed herein and in the Company’s filings with the SEC.

The Company’s consolidated financial statements are presented in accordance with generally accepted accounting principles (“GAAP”). We provide non-GAAP measures, including Adjusted net income and Adjusted operating and administrative expenses as management believes these supplemental measures are useful to investors and analysts. These non-GAAP financial measures should not be reviewed in isolation or considered as a substitute for our financial results as reported in accordance with GAAP, nor as an alternative to net income, operating and administrative expense or any other GAAP measure of performance. Management believes Adjusted net income and Adjusted operating and administrative expense are useful to investors because they provide supplemental measures that exclude the financial impact of certain items that affect period-to-period comparability. Management and the Board of Directors use these measures as they provide greater transparency in assessing ongoing operating performance on a period-to-period basis. Other companies may have different definitions of non-GAAP measures and provide for different adjustments, and comparability to the Company’s results of operations may be impacted by such differences. The Company’s presentation of non-GAAP measures should not be construed as an implication that its future results will be unaffected by unusual or non-recurring items.

VILLAGE SUPER MARKET, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) (Unaudited)
	13 Weeks Ended								52 Weeks Ended
	July 25, 2026				July 26, 2025				July 25, 2026				July 26, 2025
Sales	$	609,568			$	599,674			$	2,405,707			$	2,320,690
Cost of sales		437,453				430,773				1,727,956				1,657,724
Gross profit		172,115				168,901				677,751				662,966
Operating and administrative expense		145,825				138,581				578,928				555,038
Depreciation and amortization expense		8,944				8,640				34,507				34,398
Impairment of assets		—				1,462				—				1,462
Operating income		17,346				20,218				64,316				72,068
Interest expense		839				879				3,382				3,751
Interest income		(3,117	)			(3,274	)			(12,689	)			(13,502	)
Income before income taxes		19,624				22,613				73,623				81,819
Income taxes		6,007				7,093				21,168				25,439
Net income	$	13,617			$	15,520			$	52,455			$	56,380
Net income per share:
Class A common stock:
Basic	$	1.02			$	1.17			$	3.94			$	4.24
Diluted		0.92				1.05				3.54				3.81
Class B common stock:
Basic	$	0.66			$	0.76			$	2.56			$	2.75
Diluted		0.66				0.76				2.56				2.75
Gross profit as a % of sales		28.24	%			28.17	%			28.17	%			28.57	%
Operating and administrative expense as a % of sales		23.92	%			23.11	%			24.06	%			23.92	%

VILLAGE SUPER MARKET, INC.
RECONCILIATION OF NON-GAAP MEASURES
(In thousands) (Unaudited)

The following table reconciles Net income to Adjusted net income and Operating and administrative expenses to Adjusted operating and administrative expenses:

	13 Weeks Ended								52 Weeks Ended
	July 25, 2026				July 26, 2025				July 25, 2026				July 26, 2025
Net Income	$	13,617			$	15,520			$	52,455			$	56,380
Adjustments to Operating and Administrative Expenses:
Pension settlement charge (gain) (1)		—				(874	)			338				(874	)
Rent concession (2)		—				(517	)			—				(517	)
Adjustments to Impairment of Assets:
Impairment of assets (3)		—				1,462				—				1,462
Adjustments to Income Taxes:
Tax impact of special items		—				(22	)			(105	)			(22	)
Adjusted net income	$	13,617			$	15,569			$	52,688			$	56,429
Operating and administrative expenses	$	145,825			$	138,581			$	578,928			$	555,038
Adjustments to operating and administrative expenses		—				1,391				(338	)			1,391
Adjusted operating and administrative expenses	$	145,825			$	139,972			$	578,590			$	556,429
Adjusted operating and administrative expenses as a % of sales		23.92	%			23.34	%			24.05	%			23.98	%

(1) Fiscal 2026 pension settlement charge relates to the termination of a Company-sponsored plan. Fiscal 2025 pension settlement gain relates to lump payments made under an unfunded, non-qualified company sponsored defined benefit plan. 
(2) Fiscal 2025 includes income related to rent concessions received on one store location to compensate for disruption in operations during redevelopment of the retail center. 
(3) Fiscal 2025 includes non-cash impairment charges on the long-lived assets of one Gourmet Garage store and real estate assets classified as held for sale.

Contact:	John Van Orden, CFO
	(973) 467-2200
	villageinvestorrelations@wakefern.com

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	05/10/2026
(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:	1,151,990	1.36%
(2)   Cash-settled derivatives:
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	1,151,990	1.36%

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	1,480	230.01p

(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:	06/10/2026
Contact name:	Nicky Vaughan – Compliance Department
Telephone number:	0151 243 7224

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.

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	05/10/2026
(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:	1,151,990	1.36%
(2)   Cash-settled derivatives:
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	1,151,990	1.36%

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	1,480	230.01p

(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:	06/10/2026
Contact name:	Nicky Vaughan – Compliance Department
Telephone number:	0151 243 7224

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.

Median time from sign-up to a working AI sales agent falls from approximately five hours to about four minutes in Sky’s first days in production

Moves SalesCloser toward a scalable self-serve model designed to lower customer acquisition cost and support long-term gross margin objectives

Company also announces digital marketing and investor awareness campaign

VANCOUVER, BC, Oct. 06, 2026 (GLOBE NEWSWIRE) — SalesCloser Technologies Ltd. (“SalesCloser” or the “Company”) (TSXV: SCAI) (OTCQB: SCTLF) (FSE: MJ5), a pioneer in autonomous AI sales technology, today announced the commercial launch of Sky, a conversational assistant that lets businesses build, launch and manage AI sales agents simply by talking to it. Since going into production on September 18, 2026, early Company data shows Sky has reduced the median time from customer sign-up to a first working AI sales agent from approximately five hours to about four minutes. The Company believes Sky is a key step in scaling SalesCloser through self-serve adoption, reducing the need for manual onboarding and sales-assisted setup.

A new customer simply tells Sky about their business. Sky reads the customer’s website, builds the agent’s knowledge base automatically, and applies industry-specific sales frameworks, terminology and objection handling for that vertical. The result is a test-ready AI sales agent in minutes, without forms, menus or technical setup.

After onboarding, Sky stays on as Sky Copilot, an in-dashboard assistant that makes changes on request. Customers can update what their agents say, launch campaigns and adjust settings by asking, without submitting support requests or relying on technical staff. The launch also introduces Agentic Integrations, an open connection model that enables agents to schedule meetings, update customer relationship management (“CRM”) records, and trigger post-call workflows across third-party tools.

Early results: In the eleven days following Sky’s production launch, the median time from sign-up to first agent fell from approximately 295 minutes to approximately 4 minutes, based on the Company’s internal product analytics.

“Every business wants AI working in its sales process, but most get stuck at setup,” said Ali Tajskandar, CEO of SalesCloser. “Sky removes that barrier. A business can now describe what it sells and have a live, industry-trained AI sales agent ready in minutes rather than hours. That matters for our customers, and it matters for our model: self-serve onboarding is how we believe SalesCloser scales efficiently, reaching more businesses with lower acquisition costs and supporting our long-term gross margin objectives.”

See it for yourself: Investors, prospective customers and partners can talk to a live SalesCloser AI sales agent at https://salescloser.ai by selecting “Talk to an agent, live.”

Engagement of Investor Relations Services Provider

The Company has also engaged SmallCapVoice.com, Inc. (“SmallCapVoice”), an arm’s-length, privately held Texas investor-awareness firm based in Cedar Park, Texas and controlled by its founder and CEO, Stuart Smith, to provide social media, influencer, video and investor outreach services for an initial 30-day term, subject to TSX Venture Exchange acceptance. The Company may renew the term, at its option, for up to two further 30-day periods. The fee for the initial term is US$5,500 payable from working capital, and US$5,500 for each renewal term. To the Company’s knowledge, SmallCapVoice holds no securities of the Company and has no right or intent to acquire any.

About SalesCloser
SalesCloser.ai is a Vancouver-based AI software company focused on automating and scaling revenue generation through conversational AI. The Company’s platform enables businesses to deploy AI-powered virtual sales agents that engage prospects and customers across the sales lifecycle. SalesCloser’s agents conduct real-time, personalized interactions across voice, video, and digital channels, including lead qualification, product demonstrations, follow-ups, and meeting scheduling. By augmenting core sales functions, the platform is designed to help organizations increase capacity, accelerate pipeline velocity, and improve conversion rates without a corresponding increase in headcount. The platform integrates with existing CRM and business systems, supports multilingual deployment, and is intended to deliver consistent customer interactions across industries. SalesCloser operates under a subscription-based SaaS model, generating recurring revenue, while continuing to develop its AI capabilities. The Company’s technology is supported by a growing portfolio of patents and patent applications focused on improving the performance of AI-driven conversational workflows. SalesCloser.ai is listed on the TSX Venture Exchange under the ticker “SCAI”, on the OTCQB Venture Market under the ticker “SCTLF”, and on the Frankfurt Stock Exchange under the ticker “MJ5”. For more information, visit the SalesCloser investor site at: https://investors.salescloser.ai

Corporate Contact
Adrian Lim, CFO
Email: investors@salescloser.ai
Phone: 778-655-4329

Investor Relations Contact
Arx Investor Relations
North American Equities Desk
SCAI@arxhq.com

Forward-Looking Statements
Statements that are not reported financial results or other historical information are forward-looking statements or forward-looking information within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). This press release includes forward-looking statements regarding the Company, its subsidiaries and the industries in which they operate, including statements about: the commercial launch, features, capabilities, performance, and anticipated benefits of Sky, Sky Copilot, Agentic Integrations, and industry vertical skill matching; early-period and future results of Sky; the expected reduction in onboarding time, technical overhead, and time-to-value for customers; the ability of AI agents to interact with third-party business systems; customer adoption, engagement, and retention; the Company’s technology roadmap; future growth and increased use of products incorporating artificial intelligence; the Company’s ability to scale operations and expand across diverse industry verticals; expectations regarding the universal applicability and market potential of Sky; reduction in account drop-off; acceleration of trial-to-paid conversion; shortened sales cycles; lower customer acquisition costs; revenue growth, recurring SaaS revenue, and long-term gross margin targets; technology development initiatives; commercial expansion and go-to-market strategies; future profitability; business opportunities, objectives, and prospects; TSX Venture Exchange approval of the Company’s agreement with SmallCapVoice; the services to be provided by SmallCapVoice; any benefits that may be realized by the Company from its engagement with SmallCapVoice; the Company’s exercise of any renewal term pursuant to its engagement with SmallCapVoice, and future events and performance. Sentences containing words such as “expect”, “anticipate”, “plan”, “continue”, “estimate”, “intend”, “may”, “will”, “project”, “predict”, “potential”, “is designed to”, “strategy”, “should”, “believe”, “contemplate” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on material assumptions, including that Sky and related features will perform as designed, continued demand for conversational AI, the Company’s ability to attract customers and platform partners, competition within the AI space and the ability of Sky to compete effectively against other products and services, and general economic conditions. Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by forward-looking statements. Although the Company believes that the expectations reflected in forward-looking statements in this press release are reasonable and based on current market trends and analysis of management, such statements are subject to numerous risks and uncertainties, certain of which are beyond the Company’s control, including, but not limited to: risks that Sky, Sky Copilot, Agentic Integrations, or vertical skill matching do not perform as expected, experience technical difficulties, or fail to achieve commercial adoption; risks that early-period results for Sky, which are based on the Company’s internal product analytics over a limited period, may not be indicative of future performance; risks associated with delays in the development or rollout of new features; changes to SalesCloser and other products’ revenue and profitability; changes to customer preferences and demand for conversational AI; risks that the Company may not obtain TSX Venture Exchange approval of its engagement with SmallCapVoice; that the Company may not realize the benefit expected from its engagement with SmallCapVoice; competition from larger technology companies or other conversational AI providers; reliance on third-party service providers, cloud infrastructure, and software platforms; risks that third parties develop competing technology or assert intellectual property infringement; data security, privacy, and regulatory compliance risks; economic uncertainty, inflation, interest rate fluctuations, and recessionary risks; and the additional risk factors discussed in the continuous disclosure materials of the Company available under its profile on SEDAR+ at www.sedarplus.ca. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update or revise them, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Median time from sign-up to a working AI sales agent falls from approximately five hours to about four minutes in Sky’s first days in production

Moves SalesCloser toward a scalable self-serve model designed to lower customer acquisition cost and support long-term gross margin objectives

Company also announces digital marketing and investor awareness campaign

VANCOUVER, BC, Oct. 06, 2026 (GLOBE NEWSWIRE) — SalesCloser Technologies Ltd. (“SalesCloser” or the “Company”) (TSXV: SCAI) (OTCQB: SCTLF) (FSE: MJ5), a pioneer in autonomous AI sales technology, today announced the commercial launch of Sky, a conversational assistant that lets businesses build, launch and manage AI sales agents simply by talking to it. Since going into production on September 18, 2026, early Company data shows Sky has reduced the median time from customer sign-up to a first working AI sales agent from approximately five hours to about four minutes. The Company believes Sky is a key step in scaling SalesCloser through self-serve adoption, reducing the need for manual onboarding and sales-assisted setup.

A new customer simply tells Sky about their business. Sky reads the customer’s website, builds the agent’s knowledge base automatically, and applies industry-specific sales frameworks, terminology and objection handling for that vertical. The result is a test-ready AI sales agent in minutes, without forms, menus or technical setup.

After onboarding, Sky stays on as Sky Copilot, an in-dashboard assistant that makes changes on request. Customers can update what their agents say, launch campaigns and adjust settings by asking, without submitting support requests or relying on technical staff. The launch also introduces Agentic Integrations, an open connection model that enables agents to schedule meetings, update customer relationship management (“CRM”) records, and trigger post-call workflows across third-party tools.

Early results: In the eleven days following Sky’s production launch, the median time from sign-up to first agent fell from approximately 295 minutes to approximately 4 minutes, based on the Company’s internal product analytics.

“Every business wants AI working in its sales process, but most get stuck at setup,” said Ali Tajskandar, CEO of SalesCloser. “Sky removes that barrier. A business can now describe what it sells and have a live, industry-trained AI sales agent ready in minutes rather than hours. That matters for our customers, and it matters for our model: self-serve onboarding is how we believe SalesCloser scales efficiently, reaching more businesses with lower acquisition costs and supporting our long-term gross margin objectives.”

See it for yourself: Investors, prospective customers and partners can talk to a live SalesCloser AI sales agent at https://salescloser.ai by selecting “Talk to an agent, live.”

Engagement of Investor Relations Services Provider

The Company has also engaged SmallCapVoice.com, Inc. (“SmallCapVoice”), an arm’s-length, privately held Texas investor-awareness firm based in Cedar Park, Texas and controlled by its founder and CEO, Stuart Smith, to provide social media, influencer, video and investor outreach services for an initial 30-day term, subject to TSX Venture Exchange acceptance. The Company may renew the term, at its option, for up to two further 30-day periods. The fee for the initial term is US$5,500 payable from working capital, and US$5,500 for each renewal term. To the Company’s knowledge, SmallCapVoice holds no securities of the Company and has no right or intent to acquire any.

About SalesCloser
SalesCloser.ai is a Vancouver-based AI software company focused on automating and scaling revenue generation through conversational AI. The Company’s platform enables businesses to deploy AI-powered virtual sales agents that engage prospects and customers across the sales lifecycle. SalesCloser’s agents conduct real-time, personalized interactions across voice, video, and digital channels, including lead qualification, product demonstrations, follow-ups, and meeting scheduling. By augmenting core sales functions, the platform is designed to help organizations increase capacity, accelerate pipeline velocity, and improve conversion rates without a corresponding increase in headcount. The platform integrates with existing CRM and business systems, supports multilingual deployment, and is intended to deliver consistent customer interactions across industries. SalesCloser operates under a subscription-based SaaS model, generating recurring revenue, while continuing to develop its AI capabilities. The Company’s technology is supported by a growing portfolio of patents and patent applications focused on improving the performance of AI-driven conversational workflows. SalesCloser.ai is listed on the TSX Venture Exchange under the ticker “SCAI”, on the OTCQB Venture Market under the ticker “SCTLF”, and on the Frankfurt Stock Exchange under the ticker “MJ5”. For more information, visit the SalesCloser investor site at: https://investors.salescloser.ai

Corporate Contact
Adrian Lim, CFO
Email: investors@salescloser.ai
Phone: 778-655-4329

Investor Relations Contact
Arx Investor Relations
North American Equities Desk
SCAI@arxhq.com

Forward-Looking Statements
Statements that are not reported financial results or other historical information are forward-looking statements or forward-looking information within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). This press release includes forward-looking statements regarding the Company, its subsidiaries and the industries in which they operate, including statements about: the commercial launch, features, capabilities, performance, and anticipated benefits of Sky, Sky Copilot, Agentic Integrations, and industry vertical skill matching; early-period and future results of Sky; the expected reduction in onboarding time, technical overhead, and time-to-value for customers; the ability of AI agents to interact with third-party business systems; customer adoption, engagement, and retention; the Company’s technology roadmap; future growth and increased use of products incorporating artificial intelligence; the Company’s ability to scale operations and expand across diverse industry verticals; expectations regarding the universal applicability and market potential of Sky; reduction in account drop-off; acceleration of trial-to-paid conversion; shortened sales cycles; lower customer acquisition costs; revenue growth, recurring SaaS revenue, and long-term gross margin targets; technology development initiatives; commercial expansion and go-to-market strategies; future profitability; business opportunities, objectives, and prospects; TSX Venture Exchange approval of the Company’s agreement with SmallCapVoice; the services to be provided by SmallCapVoice; any benefits that may be realized by the Company from its engagement with SmallCapVoice; the Company’s exercise of any renewal term pursuant to its engagement with SmallCapVoice, and future events and performance. Sentences containing words such as “expect”, “anticipate”, “plan”, “continue”, “estimate”, “intend”, “may”, “will”, “project”, “predict”, “potential”, “is designed to”, “strategy”, “should”, “believe”, “contemplate” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on material assumptions, including that Sky and related features will perform as designed, continued demand for conversational AI, the Company’s ability to attract customers and platform partners, competition within the AI space and the ability of Sky to compete effectively against other products and services, and general economic conditions. Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by forward-looking statements. Although the Company believes that the expectations reflected in forward-looking statements in this press release are reasonable and based on current market trends and analysis of management, such statements are subject to numerous risks and uncertainties, certain of which are beyond the Company’s control, including, but not limited to: risks that Sky, Sky Copilot, Agentic Integrations, or vertical skill matching do not perform as expected, experience technical difficulties, or fail to achieve commercial adoption; risks that early-period results for Sky, which are based on the Company’s internal product analytics over a limited period, may not be indicative of future performance; risks associated with delays in the development or rollout of new features; changes to SalesCloser and other products’ revenue and profitability; changes to customer preferences and demand for conversational AI; risks that the Company may not obtain TSX Venture Exchange approval of its engagement with SmallCapVoice; that the Company may not realize the benefit expected from its engagement with SmallCapVoice; competition from larger technology companies or other conversational AI providers; reliance on third-party service providers, cloud infrastructure, and software platforms; risks that third parties develop competing technology or assert intellectual property infringement; data security, privacy, and regulatory compliance risks; economic uncertainty, inflation, interest rate fluctuations, and recessionary risks; and the additional risk factors discussed in the continuous disclosure materials of the Company available under its profile on SEDAR+ at www.sedarplus.ca. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update or revise them, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Hong Kong, Oct. 06, 2026 (GLOBE NEWSWIRE) — Green Circle Decarbonize Technology Limited (the “Company”) (NYSE: GCDT), a premier provider of customized energy-saving solutions, today announced its expansion into the artificial intelligence (“AI”) data center infrastructure market in the near future. The Company is launching next-generation, ultra-low energy liquid cooling systems designed for high-density AI computing sector.

As the expansion of global AI infrastructure increases the power demands and thermal management requirements, the traditional cooling methods are facing new efficiency challenges. In this regard, the Company has adapted its proprietary phase change materials (PCM-TES) and industrial machinery technologies to develop an optimized green liquid cooling solution. This technology is designed to help data centers improve power usage effectiveness and better manage operational energy costs.

The Company is currently in technical discussions and preliminary evaluations with industry participants and data center operators to conduct the research and development. Through these initiatives, the Company aimed to further advance sustainable technology in AI infrastructure, contributing to improved resource efficiency and cost reduction across the sector.

About Green Circle Decarbonize Technology Limited

Green Circle Decarbonize Technology Limited is a Cayman Islands holding company operating through its Hong Kong subsidiary, Boca International Limited. The Company is a provider of advanced energy saving solutions supported by proprietary phase change thermal energy storage materials and thermal engineering services.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For more information, please contact:

Green Circle Decarbonize Technology Limited

Investor Relations Department
Email: dr.richardchan@gmail.com

Hong Kong, Oct. 06, 2026 (GLOBE NEWSWIRE) — Green Circle Decarbonize Technology Limited (the “Company”) (NYSE: GCDT), a premier provider of customized energy-saving solutions, today announced its expansion into the artificial intelligence (“AI”) data center infrastructure market in the near future. The Company is launching next-generation, ultra-low energy liquid cooling systems designed for high-density AI computing sector.

As the expansion of global AI infrastructure increases the power demands and thermal management requirements, the traditional cooling methods are facing new efficiency challenges. In this regard, the Company has adapted its proprietary phase change materials (PCM-TES) and industrial machinery technologies to develop an optimized green liquid cooling solution. This technology is designed to help data centers improve power usage effectiveness and better manage operational energy costs.

The Company is currently in technical discussions and preliminary evaluations with industry participants and data center operators to conduct the research and development. Through these initiatives, the Company aimed to further advance sustainable technology in AI infrastructure, contributing to improved resource efficiency and cost reduction across the sector.

About Green Circle Decarbonize Technology Limited

Green Circle Decarbonize Technology Limited is a Cayman Islands holding company operating through its Hong Kong subsidiary, Boca International Limited. The Company is a provider of advanced energy saving solutions supported by proprietary phase change thermal energy storage materials and thermal engineering services.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For more information, please contact:

Green Circle Decarbonize Technology Limited

Investor Relations Department
Email: dr.richardchan@gmail.com

Hong Kong, Oct. 06, 2026 (GLOBE NEWSWIRE) — Green Circle Decarbonize Technology Limited (the “Company”) (NYSE: GCDT), a premier provider of customized energy-saving solutions, today announced its expansion into the artificial intelligence (“AI”) data center infrastructure market in the near future. The Company is launching next-generation, ultra-low energy liquid cooling systems designed for high-density AI computing sector.

As the expansion of global AI infrastructure increases the power demands and thermal management requirements, the traditional cooling methods are facing new efficiency challenges. In this regard, the Company has adapted its proprietary phase change materials (PCM-TES) and industrial machinery technologies to develop an optimized green liquid cooling solution. This technology is designed to help data centers improve power usage effectiveness and better manage operational energy costs.

The Company is currently in technical discussions and preliminary evaluations with industry participants and data center operators to conduct the research and development. Through these initiatives, the Company aimed to further advance sustainable technology in AI infrastructure, contributing to improved resource efficiency and cost reduction across the sector.

About Green Circle Decarbonize Technology Limited

Green Circle Decarbonize Technology Limited is a Cayman Islands holding company operating through its Hong Kong subsidiary, Boca International Limited. The Company is a provider of advanced energy saving solutions supported by proprietary phase change thermal energy storage materials and thermal engineering services.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For more information, please contact:

Green Circle Decarbonize Technology Limited

Investor Relations Department
Email: dr.richardchan@gmail.com

MONACO, Oct. 06, 2026 (GLOBE NEWSWIRE) — Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships for charter, announced the election of one Class I director at the Company’s virtual annual meeting of stockholders held today.

The elected Class I director is Konstantinos Zacharatos, who was elected to hold office for a term ending at the annual meeting of stockholders in 2029 and until his successor has been duly elected and qualified.

Stockholders also ratified the appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A. as the Company’s independent auditors for the fiscal year ending December 31, 2026.

About Costamare Inc.

Costamare Inc. is one of the world’s leading owners and providers of containerships for charter. The Company has 52 years of history in the international shipping industry and a fleet of 69 containerships in the water (including two vessels we have agreed to sell), with a total capacity of approximately 520,000 TEU. The Company also has 22 newbuild containerships under construction and has agreed to acquire two secondhand containerships. These 24 vessels have a total capacity of approximately 152,600 TEU. The Company also participates in a lease financing business. The Company’s common stock, Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock trade on the New York Stock Exchange under the symbols “CMRE”, “CMRE PR B”, “CMRE PR C” and “CMRE PR D”, respectively.

Forward-Looking Statements

This press release contains “forward-looking statements”. In some cases, you can identify these statements by forward-looking words such as “believe”, “intend”, “anticipate”, “estimate”, “project”, “forecast”, “plan”, “potential”, “may”, “should”, “could” and “expect” and similar expressions. These statements are not historical facts but instead represent only the Company’s belief regarding future results, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that actual results may differ, possibly materially, from those anticipated in these forward-looking statements. For a discussion of some of the risks and important factors that could affect future results, see the discussion in the Company’s Annual Report on Form 20-F (File No. 001-34934) under the caption “Risk Factors”.

Company Contacts:
Gregory Zikos – Chief Financial Officer
Konstantinos Tsakalidis – Business Development

Costamare Inc., Monaco
Tel: (+377) 93 25 09 40
Email: ir@costamare.com