PLC says Consob suspends review clock on Pendant Power takeover offer document

• Pendant Power filed offer documents for a tender offer for all PLC S.p.A. ordinary shares not already owned by the bidder.
• Italy’s market regulator paused its review on Sept. 2, 2026, pending additional information requests.
• The review timeline is suspended until the information is completed, capped at 15 calendar days.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PLC S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0836-21-2026_TELEBORSA.pdf), on September 03, 2026, and is solely responsible for the information contained therein.