STERLING GP (01825) plans to offer a premium of approximately 7.5% to sell up to 69.12 million shares. The net proceeds are expected to be approximately 67.7 million Hong Kong dollars.

STERLING GP (01825) announced that on December 29, 2025 (after trading hours of the Stock Exchange of Hong Kong Limited), the Company entered into a placing agreement with the placing agent, whereby the placing agent (as agent for the Company) conditionally agreed to use best efforts to procure not less than six placees (who and their ultimate beneficial owners shall be independent third parties) to subscribe for up to a maximum of 69.12 million placing shares at a placing price of HK$0.10 per placing share. The placing shares represent (a) 20% of the existing issued share capital as of the date of this announcement; and (b) approximately 16.7% of the enlarged issued share capital after the placing shares are issued and allotted (assuming no change in the number of issued shares other than the issue of the placing shares from the date of this announcement to the completion date). The placing price of HK$0.10 per placing share represents a premium of approximately 7.5% over the closing price of HK$0.093 per share on the Stock Exchange of Hong Kong on December 29, 2025. Upon completion, the total proceeds from the placing are expected to be approximately HK$6.91 million. The net proceeds from the placing (after deduction of the placing commission and other related expenses (including professional fees)) are estimated to be approximately HK$6.77 million, equivalent to a net issue price of approximately HK$0.098 per placing share. The Company intends to use the entire net proceeds of approximately HK$6.77 million from the placing for general working capital purposes.