STERLING GP Announces Termination of Placement Agreement

Stock News09-18

STERLING GP-NEW (01825) has issued an announcement stating that on September 18, 2026, after the close of trading, the placing agent delivered a written notice to the company to terminate the placement agreement in accordance with its terms, with immediate effect. This action was taken in light of significant recent changes in market conditions.

Following the termination of the placement agreement, all rights, obligations, and liabilities of the parties under the agreement have ceased. Unless related to termination claims, no party may make any claims against another party regarding any matters arising from or in connection with the placement agreement.

The company believes that the termination of the placement agreement and the proposed placement under it will not have any material adverse impact on the group's business operations or financial condition.

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