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1 December 2025
Sterling Digital plc
("Sterling" or the "Company")
Admission to the Access Segment of the Aquis Stock Exchange Growth Market
First Day of Dealings
Sterling Digital plc (AQSE: ASIC), a company set up to initiate Bitcoin mining operations at low-cost stranded gas sites in the US, is pleased to announce the admission of its entire issued share capital to trading on the Access Segment of the Aquis Stock Exchange Growth Market ("AQSE Growth Market").
Admission of 149,640,000 ordinary shares of £0.001 each in the Company ("Ordinary Shares") and dealings thereof will commence at 8.00 a.m. today, 1 December 2025, under the TIDM "ASIC" (the industry term for specialised Bitcoin mining processors) and the ISIN: GB00BW9LV158.
The Company's Admission Document, as well as information required pursuant to AQSE Rule 4.14, is available on the Company's website at https://sterlingdigital.com/.
Highlights
· Placing raising, in aggregate, gross proceeds of £4,000,000 via the issue of 80,000,000 new Ordinary Shares (the "Placing").
· Admission of 149,640,000 Ordinary Shares of £0.001 each to the AQSE Growth Market.
· Placing price per Ordinary Share of £0.05 (5 pence).
· Market capitalisation on Admission of approximately £7.5 million.
· Net proceeds of the Placing will be used to:
o Develop a 3MW Bitcoin mining facility located in Texas, US, using flared natural gas from oil wells as the energy source, producing electricity at significantly lower costs than the industry average.
o Purchase and initial deployment of the latest-generation Bitcoin mining hardware.
o Provide working capital and support general corporate purposes.
Guy Winterflood, Non-executive Chairman of the Company, commented:
"We are excited to announce Sterling Digital's admission to trading on the AQSE Growth Market, a pivotal step that unlocks the opportunity to scale the Company's innovative use of stranded natural gas assets in the United States.
By transforming wasted energy into efficient Bitcoin production, Sterling Digital will not only reduce emissions, but also deliver compounding value as it grows its Bitcoin reserves. Admission to trading on the public markets will allow the Company to grow as the management team leverages its existing contacts across the Permian basin in Western Texas, driving value for investors as well as contributing to environmental sustainability. The Company's ticker: 'ASIC' reflects the industry term for the hardware at the core of Bitcoin mining, and we look forward to updating the market as we achieve key milestones."
Total Voting Rights
On Admission, the Company's issued share capital will consist of 149,640,000 Ordinary Shares of £0.001 each. The Company does not hold any shares in treasury. Accordingly, the total number of voting rights in the Company will be 149,640,000. This figure may be used by shareholders as the denominator for the purposes of determining whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The Directors of the Company accept responsibility for the contents of this announcement
For further information please contact:
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Sterling Digital plc |
+44 (0) 20 3807 1698 |
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Guy Winterflood, Non-executive Chairman |
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Cairn Financial Advisers LLP |
+44 (0) 207 213 0880 |
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AQSE Corporate Adviser |
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Jo Turner / Liam Murray / Ed Downes |
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Oak Securities |
+44 (0) 203 973 3678 |
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Broker |
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Damion Carruel / Calvin Man |
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Forward Looking Statements
Certain statements in this announcement are, or may be deemed to be, forward-looking statements. Forward looking statements are identified by their use of terms and phrases such as "believe", "could", "should", "envisage'', "estimate", "intend", "may", "plan", "potentially", "expect", "will" or the negative of those, variations or comparable expressions, including references to assumptions. These forward-looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward-looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.