TORONTO, Sept. 18, 2026 (GLOBE NEWSWIRE) -- (TSX: PGIC.PR.A; PGIC) – Premium Global Income Split Fund (the “Fund”) is pleased to announce that it has completed the previously announced treasury offering of 1,734,600 Preferred Shares and 1,587,993 Class A Shares for gross proceeds of $30,001,100. The Preferred Shares and Class A Shares will continue to trade on the Toronto Stock Exchange (the “TSX”) under the existing symbols PGIC.PR.A and PGIC, respectively.

The Preferred Shares were offered at a price of $10.75 per Preferred Share and the Class A Shares were offered at a price of $7.15 per Class A Share.

The Fund invests in a diversified portfolio of primarily large capitalization global equity securities actively selected by its manager and investment manager, Mulvihill Capital Management Inc. (“Mulvihill”). To enhance the income generated by the Fund’s portfolio and to reduce volatility, the Fund employs an active covered call writing strategy and may write cash covered put options in respect of securities in which it is permitted to invest. The Fund may also invest up to 100% of its net assets in other public investment funds (including investment funds managed by Mulvihill). In addition, the Fund is exposed to securities traded in foreign currencies and may, at Mulvihill’s discretion, enter into currency hedging transactions to reduce the effects of changes in the value of foreign currencies relative to the value of the Canadian dollar.

The Preferred Shares pay fixed cumulative preferential monthly cash distributions in the amount of $0.0625 ($0.75 per annum) per Preferred Share representing a yield of 7.50% on the original issue price of $10.00. The Class A Shares currently pay monthly distributions in the amount $0.08 ($0.96 per annum) per Class A Share.

The syndicate of agents for the offering was co-led by National Bank Financial Inc.

For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at info@mulvihill.com or visit www.mulvihill.com.