TORM plc announces secondary public offering of its class A common shares by a selling shareholder

HELLERUP, Denmark, Oct. 5, 2026 /PRNewswire/ -- TORM plc (the "Company" or "TORM") (NASDAQ: TRMD) or (NASDAQ: TRMD A) today announces the commencement of a secondary public offering of 6,329,874 of the Company's Class A common shares by OCM Njord Holdings S.à r.l. (the "Selling Shareholder"), a company indirectly owned by funds indirectly managed by Oaktree Capital Management GP, LLC and its affiliates. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed.

The Selling Shareholder beneficially owns approximately 6% of the Company's Class A common shares prior to this offering. The Company is not selling any Class A common shares and will not receive any proceeds from the sale of the Company's Class A common shares by the Selling Shareholder.

J.P. Morgan Securities LLC is acting as sole underwriter for the offering. The underwriter intends to offer the Company's Class A common shares to the public at a fixed price, which may be changed at any time without notice. The offering will be made only by means of a prospectus supplement and accompanying base prospectus related to the offering, copies of which may be obtained, when available, from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Email: [email protected] and [email protected].

This company announcement does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein and there shall not be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. A shelf registration statement relating to the offering of the Class A common stock was filed with the U.S. Securities and Exchange Commission and is effective.

Contact

Mikael Bo Larsen, Head of Investor Relations

Tel.: +45 5143 8002

About TORM

TORM is one of the world's leading carriers of refined oil products. TORM operates a fleet of product tanker vessels with a strong commitment to safety. environmental responsibility and customer service. TORM was founded in 1889 and conducts business worldwide. TORM's shares are listed on Nasdaq in Copenhagen and on Nasdaq in New York (ticker: TRMD A and TRMD. ISIN: GB00BZ3CNK81).

Safe Harbor Statement as to the Future

Matters discussed in this release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are statements other than statements of historical facts. The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. Words such as, but not limited to, "expects," "anticipates," "intends," "plans," "believes," "estimates," "targets," "projects," "forecasts," "potential," "continue," "possible," "likely," "may," "could," "should" and similar expressions or phrases may identify forward-looking statements.

The forward-looking statements in this release are based upon various assumptions, many of which are, in turn, based upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond our control, the Company cannot guarantee that it will achieve or accomplish these expectations, beliefs, or projections.

Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to, our future operating or financial results; changes in governmental rules and regulations or actions taken by regulatory authorities; inflationary pressure and central bank policies intended to combat overall inflation and rising interest rates and foreign exchange rates; general domestic and international political conditions or events, including "trade wars" and the war between Russia and Ukraine, the developments in the Middle East, including the war in Israel and the Gaza Strip, and the conflict regarding the Houthis' attacks in the Red Sea; international sanctions against Russian oil and oil products; changes in economic and competitive conditions affecting our business, including market fluctuations in charter rates and charterers' abilities to perform under existing time charters; changes in the supply and demand for vessels comparable to ours and the number of newbuildings under construction; the highly cyclical nature of the industry that we operate in; the loss of a large customer or significant business relationship; changes in worldwide oil production and consumption and storage; risks associated with any future vessel construction; our expectations regarding the availability of vessel acquisitions and our ability to complete acquisition transactions planned; availability of skilled crew members other employees and the related labor costs; work stoppages or other labor disruptions by our employees or the employees of other companies in related industries; effects of new products and new technology in our industry; new environmental regulations and restrictions; the impact of an interruption in or failure of our information technology and communications systems, including the impact of cyber-attacks, upon our ability to operate; potential conflicts of interest involving members of our Board of Directors and Senior Management; the failure of counterparties to fully perform their contracts with us; changes in credit risk with respect to our counterparties on contracts; adequacy of insurance coverage; our ability to obtain indemnities from customers; changes in laws, treaties or regulations; our incorporation under the laws of England and Wales and the different rights to relief that may be available compared to other countries, including the United States; government requisition of our vessels during a period of war or emergency; the arrest of our vessels by maritime claimants; any further changes in U.S. trade policy that could trigger retaliatory actions by the affected countries; the impact of the U.S. presidential and congressional election results affecting the economy, future government laws and regulations and trade policy matters, such as the imposition of tariffs and other import restrictions; potential disruption of shipping routes due to accidents, climate-related incidents, adverse weather and natural disasters, environmental factors, political events, public health threats, acts by terrorists or acts of piracy on ocean-going vessels; damage to storage and receiving facilities; potential liability from future litigation and potential costs due to environmental damage and vessel collisions; and the length and number of off-hire periods and dependence on third-party managers.

In the light of these risks and uncertainties, undue reliance should not be placed on forward-looking statements contained in this release because they are statements about events that are not certain to occur as described or at all. These forward-looking statements are not guarantees of our future performance, and actual results and future developments may vary materially from those projected in the forward-looking statements.

Except to the extent required by applicable law or regulation, the Company undertakes no obligation to release publicly any revisions or updates to these forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. Please see TORM's filings with the U.S. Securities and Exchange Commission for a more complete discussion of certain of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.

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SOURCE Torm PLC

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PUNE, India, Oct. 5, 2026 /PRNewswire/ -- The Global Cruise Market was valued at USD 19.41 Billion in 2025 and is projected to grow at a CAGR of 7.9% from 2026 to 2034, reaching USD 38.48 Billion by 2034, according to a new analysis by Maximize Market Research.

Explore 158 market data tables and 70 figures across 330 pages, along with a detailed Table of Contents covering the Global Elastomers Market.

Global Cruise Market Size & Forecast

Market Size (Base Year 2025): USD 19.41 Billion

Forecast Market Size (2034): USD 38.48 Billion

CAGR (2026–2034): 7.9%

Base Year: 2025

Forecast Period: 2026–2034

Historical Period: 2020–2025

Global Cruise Market Overview

The Global Cruise Market continues to expand as experiential tourism, multi-destination holidays, luxury cruises, family vacations, expedition travel, and destination-focused tourism gain popularity. Modern cruise ships combine transportation, accommodation, dining, entertainment, wellness, shopping, recreation, and shore excursions in one travel experience. Market growth is supported by tourism recovery, first-time cruisers, new itineraries, fleet expansion, and rising passenger capacity, with global ocean cruise passenger volume reaching approximately 37.2 million in 2025.

The market is also being shaped by sustainable cruising, digitalization, premium travel, and investment in emerging cruise destinations. Cruise operators are adopting LNG-capable vessels, fuel-flexible ships, shore-power connectivity, energy-efficient propulsion, advanced wastewater systems, mobile applications, AI-supported personalization, smart cabins, and digital onboard services. North America remains the leading regional market, while Europe, Asia Pacific, and the Middle East continue to expand through strong cruise infrastructure, luxury tourism, and new homeport opportunities.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.maximizemarketresearch.com/request-sample/201337/ 

The Global Cruise Market is evolving as travelers seek experiential, premium, family-oriented, luxury, expedition, and multi-destination holidays. Fleet expansion, new ship launches, sustainable cruise technologies, digital booking, onboard innovation, and emerging cruise destinations are creating stronger growth opportunities. Companies that expand capacity, improve passenger experience, adopt cleaner propulsion, and strengthen regional presence are likely to shape the market through 2034.

Cruise Market Growth Drivers, Opportunities & Key Highlights

The Global Cruise Market is gaining strong momentum as experiential tourism, multi-destination holidays, family vacations, luxury travel, expedition cruising, and tourism recovery continue to support passenger demand. Global ocean cruise passenger volume reached approximately 37.2 million in 2025, representing 7.5% growth from 2024. North America remained the leading source region with more than 22 million cruise passengers, while the Caribbean remained the most visited cruise destination with more than 16 million passengers in 2025. Fleet expansion, new itineraries, digital booking, younger traveler participation, and multigenerational tourism are further strengthening market growth.

New opportunities are emerging through sustainable cruising, luxury and expedition travel, digitalization, and expansion into Asia-Pacific and Middle Eastern markets. Cruise operators are investing in LNG-capable and fuel-flexible vessels, shore-power readiness, biofuel testing, advanced wastewater treatment, energy-efficiency technologies, smart cabins, mobile applications, and AI-supported personalization. The global cruise industry had 310 ocean-going ships in operation in 2025, while nearly 80 new ocean, expedition, and river cruise ships were in the pipeline through 2036, indicating continued investment in capacity expansion and next-generation vessels.

Key Market Highlights

- USD 19.41 Billion: Global Cruise Market size in 2025.

- USD 38.48 Billion: Projected market size by 2034.

- 7.9% CAGR: Expected growth during 2026–2034.

- 37.2 million passengers: Global ocean cruise passenger volume in 2025.

- 7.5%: Growth in global ocean cruise passengers from 2024 to 2025.

- 22 million+: Cruise passengers from North America in 2025.

- 16 million+: Passengers visiting the Caribbean in 2025.

- 310 ships: Ocean-going cruise ships in operation in 2025.

- Nearly 80 ships: New ocean, expedition, and river cruise ships in the pipeline through 2036.

- USD 198.8 Billion: Global economic output generated by cruise tourism in 2024.

- 1.8 million jobs: Employment supported globally by cruise tourism in 2024.

- 35%: Approximate share of global ocean cruise travelers below the age of 40 in 2025.

Get Insightful Data on Regions, Market Segments, Customer Landscape, and Top Companies (Charts, Tables, Figures and More) https://www.maximizemarketresearch.com/request-sample/201337/ 

Singapore Cruise Market Expands with Disney Adventure Launch

In Singapore, the cruise industry strengthened in March 2026 with the launch of Disney Adventure, a 208,000-tonne cruise ship and the first Disney Cruise Line vessel to be homeported in Asia. The development expands premium and family cruise capacity in Southeast Asia and supports Singapore's position as a major regional cruise hub. The launch also reflects growing demand for luxury cruises, family tourism, destination-based travel, and new cruise itineraries across the Asia Pacific market.

The Global Cruise Market is segmented by Type, Size, Propulsion, Application, and Region.

By Type, Mainstream Cruise Ships hold the leading position, accounting for approximately 50–55% of the market in 2025, supported by affordable pricing, large passenger capacity, strong brand presence, family-oriented itineraries, and extensive onboard entertainment. Premium Cruise Ships account for nearly 30–32%, while Luxury Cruise Ships represent around 15% and continue to gain demand from affluent travelers seeking personalized services, premium hospitality, expedition travel, and exclusive destinations.

By Size, Large Ships with capacity of more than 1,500 passengers remain important because major cruise operators continue to invest in larger vessels with expanded accommodation, entertainment, dining, wellness, and recreation facilities. Small and Medium Ships also support luxury, expedition, river, and destination-focused cruise experiences.

North America Leads the Cruise Market as Tourism and Fleet Expansion Strengthen

North America remains the leading region in the Global Cruise Market, supported by established cruise infrastructure, strong passenger demand, major homeports, and a well-developed cruise culture across the United States and Canada. The region accounted for more than 22 million cruise passengers in 2025, while popular destinations such as the Caribbean, Alaska, and Mexico continue to support strong itinerary demand. Major cruise operators are also expanding fleets, introducing new ships, and investing in premium, family, and destination-focused cruise experiences.

Europe remains an important cruise market, driven by Mediterranean and Northern European routes, cultural tourism, and premium travel demand. Asia Pacific is gaining momentum as cruise tourism expands across China, Japan, and Australia, supported by rising disposable incomes and growing interest in experiential travel. The Middle East is also developing through cruise hubs such as Dubai, while South America offers growth opportunities through destinations in Brazil, Argentina, the Amazon region, and other nature- and culture-focused itineraries.

Global Cruise Market Competitive Landscape

The Global Cruise Market is highly competitive, with major companies focusing on fleet expansion, new ship launches, premium and luxury experiences, destination diversification, digitalization, and sustainable cruise technologies. Carnival Corporation & plc, Royal Caribbean Group, MSC Cruises, Norwegian Cruise Line Holdings, Disney Cruise Line, Viking, Princess Cruises, Celebrity Cruises, Costa Cruises, and TUI Cruises remain among the important players in the global market. Luxury operators such as Regent Seven Seas Cruises, Silversea Cruises, Seabourn, Crystal, and Oceania Cruises compete through personalized services, smaller vessels, premium hospitality, and destination-focused itineraries.

Recent developments show that competition is increasingly shifting toward fleet modernization, regional expansion, and differentiated cruise experiences. Royal Caribbean Group announced a major expansion of its Celebrity river fleet, Disney Cruise Line launched the Disney Adventure in Singapore, and Norwegian Cruise Line added Norwegian Luna to strengthen premium capacity. Viking also expanded its luxury ocean offering with Viking Mira, while Regent Seven Seas Cruises prepared the Seven Seas Prestige for its maiden transatlantic voyage. Across the market, companies are strengthening their positions through larger fleets, luxury and expedition offerings, digital onboard services, new itineraries, and investment in cleaner and more efficient ship technologies.

Immediate Delivery Available | Buy this Research Report (Insights, Charts, Tables, Figures and More) https://www.maximizemarketresearch.com/checkout/201337/

Global Cruise Market –Key Players

- Carnival Corporation & plc

- Royal Caribbean Group

- MSC Cruises

- Norwegian Cruise Line Holdings Ltd.

HOUSTON, Oct. 5, 2026 /PRNewswire/ -- Logisnext Americas, one of the world's leading manufacturers and providers of material handling, automation, and fleet solutions, hosted a princess-themed celebration on Sept. 30 for Elena, a six-year-old Make-A-Wish Texas Gulf Coast and Louisiana child living with leukemia. The event, held at Logisnext Americas' newly built Customer Experience Center in Houston, included the surprise announcement that Elena's wish for a family vacation is coming true.

The day featured many of Elena's favorite activities and interests. A strong, fun-loving big sister to two brothers, she values time with her family and takes pride in cracking an egg all by herself. She is an avid hula hooper, gardener and princess fan. More recently, she has taken up sewing and enjoys exploring crafts.

"Seeing Elena's reaction to the wish reveal was a special moment for our team," said Berry Mansfield, president of Logisnext Americas. "We are proud to partner with Make-A-Wish Texas Gulf Coast and Louisiana and to play a part in bringing Elena's wish to life."

The afternoon began with welcoming remarks from representatives of Logisnext Americas and Make-A-Wish Texas Gulf Coast and Louisiana, during which they revealed to Elena and her family that her wish for a family vacation would come true, with the trip planned for the fall. The day was filled with princess-themed activities for Elena, her family and Logisnext Americas team members to partake in, including a princess dress-up station and a bracelet-making station. The Houston Humane Society also joined the celebration, bringing dogs for guests to meet that were available for adoption.

"We know that wishes have the wonderful power to unite communities with hope and joy, and Elena's wish is a beautiful example of that, made possible through the generous support of Logisnext Americas," said Shelly Millwee, President and CEO, Make-A-Wish Texas Gulf Coast and Louisiana. "We are grateful to Logisnext Americas for helping make Elena's wish come true and for creating a day where she and her family could celebrate together and create lasting memories."

Logisnext Americas is continuing its support of Make-A-Wish Texas Gulf Coast and Louisiana as a corporate sponsor for the second consecutive year. Through its support, Logisnext Americas helps Make-A-Wish Texas Gulf Coast and Louisiana bring hope and joy to children and families. Supporting the communities where its employees live and work is an important part of Logisnext Americas' commitment, and the company looks forward to creating more positive experiences for children and their families.

To learn more about Logisnext Americas, visit www.LogisnextAmericas.com. To learn more about Make-A-Wish Texas Gulf Coast and Louisiana, visit wish.org/texgulf.

About Logisnext Americas

Driving Innovation. Delivering Solutions. 

Logisnext Americas Inc. has been delivering innovative material handling and automation solutions for over 100 years. Headquartered in Houston, Texas, we simplify material handling for our customers with a complete portfolio of advanced products across five leading brands – Cat® lift trucks, Rocla AGV Solutions, UniCarriers® Forklifts, Logisnext Forklifts, and Jungheinrich® warehouse and automation systems. Backed by an extensive dealer network, we provide industry-leading service and support to keep your operations moving. Logisnext Americas is a wholly-owned subsidiary of Logisnext Co., Ltd. Learn more at www.LogisnextAmericas.com.

About Make-A-Wish Texas Gulf Coast and Louisiana

Make-A-Wish ® Texas Gulf Coast and Louisiana is one of 57 chapters throughout the United States and its territories. Since our inception in 1984, we have granted more than 12,600 wishes to local children, and, during fiscal year 2026, we granted 607. Make-A-Wish creates life-changing wishes for children with critical illnesses.

Together with generous donors, supporters, staff, and volunteers, Make-A-Wish delivers hope and joy to children and their families when they need it most. Make-A-Wish aims to bring the power of a wish to every child with a critical illness because wish experiences can help improve emotional and physical health.

Make-A-Wish is the No. 1 Most Trusted Nonprofit Operating Locally Across 50 states, per Morning Consult, serving children in every community in the United States and in 50 countries worldwide. Since 1980, more than 650,000 wishes have been granted to children around the world.

Change a local child's life today at wish.org/texgulf.

SOURCE Logisnext Americas

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Products personally used and recommended by Brecka will roll out across Ultimate Longevity Center, Pilates Addiction, BODY20, iFlex Stretch Studios, and beem Light Sauna.

NEWPORT BEACH, Calif., Oct. 5, 2026 /PRNewswire/ -- Gary Brecka's go-to wellness products are coming to Sequel Brands.

Sequel Brands today announced the rollout of a curated retail collection of products personally used and recommended by Brecka across its portfolio of fitness, recovery and longevity concepts, giving members direct access to products he trusts and incorporates into his own approach to everyday health and performance. The expansion builds on Brecka's existing relationship with Sequel Brands through Ultimate Longevity Center, the longevity and human performance franchise backed by Brecka, which has sold more than 300 franchise locations since launching franchise sales earlier this year.

The initial collection features products from H2Tab, BodyHealth's PerfectAmino and Electrolytes, Baja Gold Mineral Sea Salt and Cymbiotika, with additional products and brands expected to join the assortment over time.

The rollout brings Brecka's recommendations directly into Pilates Addiction, BODY20, iFlex Stretch Studios, beem Light Sauna, and Ultimate Longevity Center, extending Sequel's member experience beyond the workout, treatment or recovery session and into the routines members follow every day.

"Consumers have more access to wellness products than ever before, but that hasn't necessarily made wellness easier," said Anthony Geisler, Founder and CEO of Sequel Brands. "There are thousands of supplements and products telling people they need them. We saw an opportunity to do the opposite: narrow it down. Gary has built tremendous trust around the products he personally uses and recommends, and now we can put those products directly into the hands of members across our brands."

Rather than filling shelves with hundreds of options, Sequel is taking a highly curated approach. Products are selected to complement each brand's member experience and support areas ranging from hydration and recovery to strength, performance and longevity.

"Our goal has always been to bring wellness to the masses and make everyday health decisions easier," said Gary Brecka, founder of Ultimate Human. "People shouldn't need to spend hours trying to figure out which products are worth their money or which ingredients they can trust. These are products I personally use, believe in and recommend. Bringing them into Sequel's brands gives people another way to take what they're doing for their health inside these locations and carry it into their everyday lives."

The retail rollout represents the next step in Sequel Brands' growing fitness and wellness platform. As the company scales its national footprint, Sequel is looking beyond the traditional studio model to create more ways for consumers to engage with its brands across fitness, recovery, longevity and everyday wellness – transforming its locations from places consumers visit for a single workout or service into destinations that support a broader health and wellness lifestyle.

To learn more about Sequel Brands' portfolio of fitness, recovery and longevity concepts or explore franchise opportunities, visit SequelBrands.com or contact [email protected].

ABOUT SEQUEL BRANDS

Sequel Brands is a next-generation fitness franchisor redefining the future of movement, recovery, wellness, and longevity. With an experienced leadership team and a portfolio of high-growth concepts – including Pilates Addiction, BODY20, iFlex Stretch Studios, Beem Light Sauna, Ultimate Longevity Center, and MOVE powered by SEQUELai – Sequel delivers a scalable platform built for lasting success, cultural impact, and real results in how people move, recover, and optimize their longevity. For more information, visit sequelbrands.com.

MEDIA CONTACT

Sequel Brands Communications

[email protected]

SOURCE Sequel Brands

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The article outlines how Amarillo families can calculate coverage amount using income, debts, and long-term expenses.

AMARILLO, Texas, Oct. 5, 2026 /PRNewswire/ -- What factors should families consider when deciding how much life insurance coverage is enough? HelloNation has published an article that provides clear guidance for Texas households seeking to align their coverage with their financial needs and long-term stability.

The HelloNation article explains that life insurance plays a key role in protecting financial stability for Amarillo families. It describes how choosing the right coverage amount begins with evaluating household income and estimating how long that income would need to be replaced. For many Texas households, this process includes reviewing daily expenses, mortgage obligations, and future financial goals.

The article notes that income replacement is only one part of the equation. Families must also consider debts and ongoing responsibilities that could create financial strain. Mortgages, car loans, and credit obligations all influence the recommended coverage amount. By including these debts in planning, Amarillo families can avoid leaving survivors with unexpected burdens.

Family size is another important factor discussed in the article. Larger households often require more life insurance coverage to support multiple dependents and maintain a consistent standard of living. The article describes how family size directly affects both short-term needs and long-term expenses, especially when children are involved. Texas households with younger children may prioritize education savings, while those with older dependents may focus on income replacement and debt reduction.

The article highlights that long-term expenses should not be overlooked when determining life insurance needs. Costs such as college tuition, healthcare, and future caregiving responsibilities can significantly impact the appropriate coverage amount. Amarillo families are encouraged to think beyond immediate bills and consider how financial goals may evolve over time.

According to the article, a common starting point is to calculate life insurance coverage at five to ten times the primary earner's annual salary. However, this general guideline should be adjusted based on individual circumstances, including debts, family size, and long-term expenses. The article emphasizes that no single formula works for all Texas households, underscoring the need for personalized evaluation.

Insurance Expert Jamie Smith is featured in the article, providing professional context for how Amarillo families can approach these decisions. The article presents the perspective of an Insurance Expert to reinforce the importance of reviewing both current obligations and future financial goals when selecting life insurance. This approach helps ensure that coverage aligns with real-life needs rather than rough estimates.

The article also describes how local economic factors in Amarillo can influence life insurance planning. Housing costs, education expenses, and the cost of living all play a role in determining the right coverage amount. By factoring in these regional considerations, Texas households can create a more accurate and practical plan.

Another key takeaway is the importance of periodically revisiting life insurance. The article explains that changes in income, debts, family size, and financial goals can all affect coverage needs. Regular reviews allow Amarillo families to adjust their life insurance policies as circumstances evolve, ensuring continued financial protection.

Balancing affordability with adequate protection is a central theme throughout the article. It notes that while securing sufficient life insurance is critical, policies should remain manageable within a household budget. Careful evaluation of income, debts, and long-term expenses helps Texas households achieve this balance.

The article concludes that thoughtful planning allows Amarillo families to select a life insurance strategy that supports both immediate needs and future stability. By focusing on coverage amount, family size, and financial goals, households can make informed decisions that protect their loved ones.

Life Insurance Coverage Guidelines for Texas Households features insights from Jamie Smith, an insurance expert from Amarillo, Texas, on HelloNation.

About HelloNation

HelloNation is America's Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative "edvertising" approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

www.hellonation.com

SOURCE HelloNation

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Refreshed accommodations, light-filled public spaces, and vibrant culinary debuts an enriched resort experience grounded in nature, play, and community.

NAPLES, Fla., Oct. 5, 2026 /PRNewswire/ --Today, The Ritz-Carlton Naples, Tiburón officially unveils its fully reimagined resort, inviting guests and the local community to experience the next chapter of this iconic retreat. Spearheaded by Parker Torres Design, the multi-million-dollar transformation debuts a refreshed lobby, residential-style accommodations, an elevated Club Lounge, Swaying Palm event space, and three new culinary concepts: Palmera, Fenrose, and Café Fenrose. The redesign refines a lush resort rooted in classic leisure and recreation, serving as the inland counterpart to its beachfront sister property.

"Tiburón has always been an icon of Florida leisure, but this transformation introduces an elevated era for our resort," said Andrew Roberts, General Manager at The Ritz-Carlton Naples, Tiburón. "From the vibrant energy of Palmera to the serene accommodations, every detail was designed to blend the luxury of a classic European getaway with the approachable warmth of Naples. We are excited to welcome our guests and neighbors to a destination where they can gather, play and unwind."

Surrounded by sprawling greens, courts, and gardens, The Ritz-Carlton Naples, Tiburón beckons guests to spend their days exactly as they please—from active pursuits to slow moments by the pool and all the joy in between. Guests are invited to immerse themselves in the resort's world-class amenities, including two Greg Norman-designed 18-hole championship golf courses, Har-Tru clay courts and premier instruction at The Mouratoglou Tennis Center, alongside a sprawling pool complex, The Reservoir, as well as biking and walking paths around the lush grounds. The Ritz-Carlton Naples, Tiburón offers an unhurried atmosphere where every age finds space to play.

A REFINED ESCAPE DESIGNED FOR EASE

Throughout the resort, the redesign trades dark wood finishes for luminous, residential-style interiors inspired by Southwest Florida's native mangroves, the property's Audubon-certified grounds and birding trails, and local artisan traditions. Guests are immediately welcomed into a relaxed haven where soft hues and natural light flood the reimagined lobby. A warm, neutral palette is complemented by rich wood accents celebrating traditional local craftsmanship—from a sophisticated welcome registration to turned wood screens that offer visual transparency into Palmera, the resort's new social and dining hub. Organic marble inlays frame the entry while a custom alabaster chandelier centers the space, establishing the lobby as the vibrant heart of the estate experience.

The redesigned guestrooms and suites establish a serene haven where earthy textures and nature-inspired patterns mingle with opulent finishes. Accommodations have been transformed with a residential estate aesthetic reflecting total ease and unhurried relaxation. Traditional hotel desks give way to curved settee lounges and built-in dining setups, while room entries feature a signature "treasure box" bar niche set against woven shell wallcoverings. Custom murals, light oak nightstands with woven rattan textures, and deconstructed palm-patterned carpets complete the retreat, highlighting rich local craftsmanship through artful interpretations.

The crown jewel of the new accommodations, the Presidential Suite, elevates the residential narrative into a grand, multi-room sanctuary. Rich charcoals, deep greens, mauves, and corals complement preserved green marble flooring, balancing drama with residential comfort. The expansive suite features a grand entry vestibule adorned with carved wood panels, a dedicated bar lounge and a dining room framed by a custom banquette wall. The primary bedroom serves as an elite place of respite, complete with a fluted dry vanity dressing room and bespoke artisan textile installations.

These premier accommodations are complemented by a re-energized Club Lounge experience. Reimagined in rust, gold, and amber tones, the Club Lounge honors native coastal history through dimensional maritime-inspired art, woven rope-and-rattan banquettes, maritime basketry, and bespoke buffet millwork.

A NEW ERA OF FLORIDA COASTAL CUISINE

Crafted in partnership with local farms and regional vendors, the resort's elevated food and beverage program embraces approachable, product-driven Florida coastal cuisine centered on creativity, zero-waste sustainability, and singular ingredient exploration.

- Palmera: Now open as The Ritz-Carlton Naples, Tiburón's high-energy destination bar and restaurant, Palmera is a vibrant social vibe with a culinary direction that celebrates the natural harvest of Florida's Gulf Coast. The experience centers around an expressive and a dramatic bar topped with orange quartzite and antique brass palm-leaf lamps. Under the direction of Executive Chef Jared Young, the menu focuses on local ingredients from Naples farms to St. Augustine Datil peppers and regional citrus, maximizing every part of the product for new spins or classic dishes and minimal food waste. Standout dishes include Florida Blue Crab Toast with a tart grapefruit aioli, a tableside Espresso Lobster Cocktail served over ice with an aromatic smoke service, and yakitori-grilled Roasted Chicken with a fiery Datil pepper Basquaise ragout, alongside daily regional seafood selections and theatrical desserts like the tableside-torched Strawberry Pavlova.

- Fenrose & Café Fenrose: Offering a quiet expression of Parisian elegance, Fenrose invites guests to begin the day with intention and ease through refined French breakfast traditions and impeccably executed egg dishes. Refined yet unhurried, the dining space balances European café charm with organic modern warmth—a subtle homage to the sanctuary's surrounding Florida ecosystem. Adjacent to the dining room, Café Fenrose functions as an all-day market and espresso bar. Designed in butter yellow, mint, and cream, the space features custom striped packaging and terrazzo flooring.

A DESTINATION FOR CELEBRATIONS & GATHERINGS

Expanding its footprint for celebrations and gatherings, the resort introduces Swaying Palm - a new 2,700 square-foot venue featuring expansive views of the championship golf courses, raw metal accents, infinity-style alabaster lighting fixtures and custom shell concept art walls honoring the nearby sea. Whether planning a gala, wedding, or corporate celebration, every gathering unfolds with the warmth and community of a classic Naples club experience.

For reservations or to learn more about The Ritz-Carlton Naples, Tiburón, please call 239-593-2000 or visit https://www.ritzcarlton.com/en/hotels/rswgr-the-ritz-carlton-naples-tiburon/overview/.

ABOUT THE RITZ-CARLTON NAPLES, TIBURÓN

The Forbes Four Star, AAA Four Diamond Ritz-Carlton Naples, Tiburón, is renowned for its exceptional personalized service, inventive cuisine, and luxurious accommodations, with panoramic views of the adjacent Greg Norman-designed Tiburón Golf Club. The 295-room Mediterranean-style resort, ranked as one of the top hotels in the U.S. by Condé Nast Traveler, Travel + Leisure and U.S. News & World Report, provides world-class service, an excellent culinary program including the al fresco Latin American-inspired Ría, as well as unmatched family experiences such as the immersive Reservoir, which boasts a 600 ft lazy river, dedicated family pools, and luxury cabanas. A celebrated destination for active lifestyles, the luxury resort is home to the Mouratoglou Tennis Center under the direction of world-renowned tennis coach, Patrick Mouratoglou, as well two 18-hole championship golf courses which host three professional tournaments annually in partnership with the PGA, LPGA, and Champions Tour.

ABOUT THE RITZ-CARLTON HOTEL COMPANY, LLC.

The Ritz-Carlton Hotel Company, L.L.C., of Chevy Chase, MD., part of Marriott International, Inc., currently operates over 100 hotels and over 45 residential properties in 30 countries and territories. For more information or reservations, visit the company website at www.ritzcarlton.com; for the latest company updates, visit news.ritzcarlton.com; and to join the live conversation, use #RCMemories and follow along on Facebook, Twitter, and Instagram. The Ritz-Carlton Hotel Company, L.L.C. is a wholly owned subsidiary of Marriott International, Inc. (NASDAQ: MAR). The Ritz-Carlton is proud to participate in Marriott Bonvoy, the new name of Marriott's travel program, replacing Marriott Rewards®, The Ritz- Carlton Rewards®, and Starwood Preferred Guest® (SPG). The program offers members an extraordinary portfolio of global brands, experiences on Marriott Bonvoy Moments, and unparalleled benefits, including earning points toward free hotel stays and nights toward Elite status recognition. To enroll for free or for more information about the program, visit MarriottBonvoy.marriott.com.

SOURCE The Ritz-Carlton Naples, Tiburón

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Loomis completes the acquisition of Hermes Transportes Blindados

STOCKHOLM, Oct. 5, 2026 /PRNewswire/ -- Loomis has today completed the acquisition of 99.80 percent of the shares in Hermes Transportes Blindados S.A. following the completion of the public tender offer ("Oferta Pública de Adquisición" or "OPA") and the fulfilment of the conditions set out in the Tender Offer Agreement. The total purchase price for the tendered shares amounted to approximately USD 297 million (approximately SEK 3 billion).

Hermes Transportes Blindados ("Hermes") is a leading provider of security logistics services in Peru. The company offers transportation, processing and secure storage of valuables, including cash, precious metals and minerals, as well as ATM management and cash processing services. With approximately 3,400 employees and 19 branches, Hermes serves around 1,000 customers across the financial, industrial and retail sectors, as well as the public sector and mining industry.

On May 5, 2026, Loomis announced that it had entered into a Tender Offer Agreement with shareholders representing 99.49 percent of the outstanding shares in the listed Peruvian valuables management company Hermes. In accordance with the agreement, Loomis launched a public tender offer (OPA) on August 31, 2026. By the end of the offer period on September 30, 2026, 87,072,827 shares, representing 99.80 percent of the outstanding shares, had been tendered. The transaction was completed on October 5, 2026, following the fulfillment of all closing conditions.

"With this acquisition, we establish Loomis in Peru and strengthen our position in Latin America. Hermes is a high-quality business with a strong market presence and a talented team. I am delighted to welcome more than 3,400 new colleagues to Loomis and look forward to building on Hermes' successful track record together," says Aritz Larrea, President and CEO of Loomis.

Hermes' management team and employees will remain with the company. From October 2026, Hermes will be reported within Loomis' segment Europe and Latin America.

Nordea Bank and Société Générale structured and coordinated the acquisition financing, including a committed bridge facility and guarantee facility. Ahead of closing, these facilities were refinanced through the proceeds of Loomis' previously announced EUR 300 million bond issuance.

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SOURCE Loomis AB

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Proposed national trust bank will bring custody, stablecoin reserve management, and stablecoin issuance and redemption for the payments ecosystem under federal supervision

Former Square Financial Services CFO Brandon Soto named proposed President and CEO

Key facts

- Rain has filed an application with the Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank (RNTB), a proposed national trust bank headquartered in New York.

- If approved, Rain National Trust Bank will provide fiduciary custody of digital assets and US dollars, reserve management for permitted stablecoin issuers, and issuance and redemption of US dollar-backed stablecoins for institutional clients.

- Rain National Trust Bank will not accept deposits, offer consumer accounts, or make commercial loans.

- Brandon Soto, former Chief Financial Officer of Square Financial Services and most recently Chief Financial Officer of Coastal Financial Corporation, will serve as the proposed President and CEO of Rain National Trust Bank.

NEW YORK, Oct. 5, 2026 /PRNewswire/ -- Rain, the enterprise-grade infrastructure for stablecoin payments, announced today that it has filed an application with the Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank (RNTB), a proposed national trust bank headquartered in New York. If approved, RNTB will bring the custody, reserve management, and stablecoin issuance and redemption functions behind Rain partners' programs under a single federal supervisory framework. Rain also announced that Brandon Soto will serve as RNTB's proposed President and Chief Executive Officer.

Rain's partners run stablecoin card, wallet, and money movement programs for millions of end users. Today the assets behind those programs sit across state licenses, third-party custodians, and third-party stablecoin issuers. A national trust bank will allow Rain to expand its offerings to include fiduciary custody of assets under OCC supervision and examination, and to issue and redeem stablecoins.

"The institutions building on Rain want the assets behind their programs held by a fiduciary that answers to a federal regulator," said Farooq Malik, CEO and co-founder of Rain. "Rain National Trust Bank is how we plan to meet that expectation. Rain remains a payments platform. The proposed trust bank will be a separate subsidiary that holds client assets in custody, as a fiduciary and subject to OCC examination."

What Rain National Trust Bank will do

If approved, RNTB will serve institutional clients in the digital asset payment ecosystem through three lines of business:

- Custody: Safeguard approved digital and fiat assets as a fiduciary, with client assets segregated from the proposed bank's own assets.

- Reserve management: Hold and administer reserves for permitted stablecoin issuers under the GENIUS Act.

- Issuance and redemption: Issue US dollar-backed stablecoins as issuer of record in accordance with the GENIUS Act.

What Rain National Trust Bank will not do

If approved, as an uninsured national trust bank, RNTB will not accept deposits and will not make commercial loans. Assets held by RNTB for clients will be custody assets held for identified owners, not liabilities of the bank, and the reserves backing any stablecoin RNTB issues will not be pledged, lent, or reused. RNTB will not offer consumer accounts. Rain is not a bank and will remain a stablecoin payments platform and a Visa and Mastercard Principal Member through its other subsidiaries; RNTB will be a separately capitalized subsidiary supervised and examined by the OCC.

Leadership

Brandon Soto will serve as proposed President and Chief Executive Officer of RNTB, subject to OCC review. Soto was most recently Executive Vice President and Chief Financial Officer of Coastal Financial Corporation. Before that he was Chief Financial Officer of Square Financial Services, Inc., Block's Utah-chartered industrial bank, where he helped prepare the charter application approved by the FDIC and the Utah Department of Financial Institutions and led finance, treasury, and capital management. Earlier he served as Chief Financial Officer and Chief Administrative Officer of Green Dot Bank.

"A trust bank's first job is simple. Know what you hold, know who you hold it for, and keep it safe," said Soto. "I have sat across from bank examiners for twenty years, and the best answer you can give is, 'Here's the reconciliation.' That is the discipline we are building into the proposed national trust bank from day one. Clear ownership, daily reconciliation, strong controls, and the right level of capital."

What happens next

The application is subject to OCC review and approval, including a public comment period. The public portion of the application will be available on the OCC's website at occ.gov. Rain leadership and RNTB's organizers recognize the responsibility that comes with seeking a national trust bank charter and will work diligently with the OCC throughout the process.

Rain worked with Paul Hastings in preparing the application.

Frequently Asked Questions

Question: What is Rain National Trust Bank?

Answer: Rain National Trust Bank (RNTB) is a proposed national trust bank. Rain has filed an application with the Office of the Comptroller of the Currency (OCC) to establish it. If approved, RNTB will be a separately capitalized subsidiary of Rain, headquartered in New York, supervised and examined by the OCC, and limited to the operations of an uninsured trust bank, including: fiduciary custody of digital assets and US dollars, reserve management for permitted stablecoin issuers, and issuance and redemption of US dollar-backed stablecoins for institutional clients. RNTB has not yet been approved and will only begin operations after receiving all required OCC approvals.

Question: Is Rain becoming a bank?

Answer: Rain is applying to establish a separate, limited-purpose trust bank subsidiary. Rain itself remains a stablecoin payments platform and a Visa and Mastercard Principal Member, and that does not change. Rain National Trust Bank will be a separately capitalized subsidiary of Rain with a limited purpose: holding client assets as a fiduciary, managing stablecoin reserves, and issuing and redeeming stablecoins, all under OCC supervision. Rain National Trust Bank will be an uninsured trust bank and will not accept deposits and will not make commercial loans.

Question: Will Rain National Trust Bank be FDIC insured?

Answer: No. Rain National Trust Bank will not accept deposits and will not be FDIC insured. Assets held by Rain National Trust Bank for clients will be custody assets held for identified owners, segregated from RNTB's own assets, not liabilities of RNTB.

Question: What will Rain National Trust Bank do?

Answer: If approved, Rain National Trust Bank will operate three lines of business for institutional clients. Custody: safekeeping of approved digital and fiat assets as a fiduciary. Reserve management: custody and administration of reserves for permitted stablecoin issuers under the GENIUS Act. Issuance and redemption: issuing US dollar-backed stablecoins as issuer of record.

Question: Who is the proposed President and CEO of Rain National Trust Bank?

Answer: Brandon Soto is the proposed President and Chief Executive Officer of Rain National Trust Bank. He was most recently Executive Vice President and Chief Financial Officer of Coastal Financial Corporation, and previously Chief Financial Officer of Square Financial Services, Inc., Block's Utah-chartered industrial bank, where he helped prepare the bank's charter application and led finance, treasury, and capital management. He earlier served as Chief Financial Officer and Chief Administrative Officer of Green Dot Bank. He is a CPA.

Question: Does this change Rain's card programs or partnerships?

Answer: No. Rain's card, wallet, and money movement programs continue as they operate today, and Rain continues to work with its existing partners. Rain National Trust Bank is a multi-year initiative that, if approved, will add a federally supervised option for custody, reserve management, and stablecoin issuance and redemption alongside the infrastructure Rain and its partners use today.

Question: When will the OCC decide on Rain National Trust Bank?

Answer: The OCC's review follows its own process and timeline, which includes a public comment period. The public portion of the application will be available on the OCC's website over the coming days, and Rain National Trust Bank can begin operations only after receiving all required approvals.

About Rain

Rain is the global stablecoin payments platform for enterprises, neobanks, platforms, developers, and AI agents. Our technology allows partners to move, store, and use stablecoins instantly and compliantly through global payment cards, rewards, on/offramps, stablecoin and fiat wallets, and cross-border rails. As both a Visa and Mastercard Principal Member, Rain issues cards that work at more than 175 million merchant locations in over 200 countries and territories. Built natively for stablecoins and trusted by more than 100 organizations worldwide, Rain delivers secure, scalable infrastructure that makes money move freely and instantly around the world. Learn more at https://www.rain.xyz/.

Media Contact:

[email protected] 

SOURCE Rain

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DayOne Files Registration Statement for Proposed Initial Public Offering

SINGAPORE, Oct. 5, 2026 /PRNewswire/ -- DayOne Data Centers Limited ("DayOne"), a Singapore-headquartered global digital infrastructure platform, today announced that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering ("IPO") of American Depositary Shares ("ADSs") representing its ordinary shares. DayOne has applied to list the ADSs on the Nasdaq Global Select Market under the ticker symbol "DODC".

Morgan Stanley, J.P. Morgan, BofA Securities, and Citigroup will act as underwriters of the IPO. The number of ADSs to be offered and the price range for the proposed offering have not yet been determined.

The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from:

- Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, or by email at [email protected];

- J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-866-803-9204, or by email at [email protected] and [email protected];

- BofA Securities, Inc., NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attention: Prospectus Department, or by email at [email protected];

- Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: 1-800-831-9146).

The registration statement on Form F-1 relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

About DayOne Data Centers

DayOne Data Centers Limited ("DayOne") is a Singapore-headquartered global digital infrastructure platform that develops and operates next-generation data centers, with a footprint across ten markets in Asia Pacific and Europe. Trusted by leading global hyperscalers and businesses, DayOne engineers, builds, and operates high-capacity, AI-ready campuses with speed, scale, and reliability. Powered by its proprietary integrated delivery model and proven track record of pioneering and scaling new markets, DayOne unlocks strategic capacity to meet accelerating critical infrastructure demands. Established in 2022, DayOne's footprint includes Singapore, Johor and Greater Kuala Lumpur in Malaysia, Indonesia, Thailand, Tokyo and Kyushu in Japan, Hong Kong SAR, Finland, and Spain.

For media inquiries, please contact:

DayOne

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Enbridge Inc. to Host Webcast to Discuss 2026 Third Quarter Results on November 6

CALGARY, AB, Oct. 5, 2026 /CNW/ -- Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) will host a conference call and webcast on November 6, 2026, at 7 a.m. MT (9 a.m. ET) to provide a business update and review 2026 third quarter results.

The conference call format will include prepared remarks from the executive team, followed by a question-and-answer session for the analyst and investor community only. Enbridge's media and investor relations teams will be available after the call for any additional questions.

Enbridge will announce its financial results before markets open on November 6, 2026.

2026 Third Quarter Earnings Webcast and Conference Call

Details of the webcast

A webcast replay and transcript will be posted to Enbridge's website shortly after the conclusion of the event.

About Enbridge Inc.

At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We're advancing new technologies including hydrogen, renewable natural gas, and carbon capture and storage. Headquartered in Calgary, Alberta, Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges. To learn more, visit us at enbridge.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

SOURCE Enbridge Inc.

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