Brief: Sealand Capital Galaxy Limited To Buy 60% Stake In Finely Technology For £12 Million
14/09/2026 07:22
BRIEF-Sealand Capital Galaxy Limited To Buy 60% Stake In Finely Technology For £12 Million Sept 14 (Reuters) - Sealand Capital Galaxy Ltd SCGL.L:
SEALAND CAPITAL - ACQUISITION OF STAKE IN SOFTWARE BUSINESS
SEALAND CAPITAL GALAXY - TO BUY 60% STAKE IN FINELY TECHNOLOGY FOR £12 MILLION
SEALAND CAPITAL GALAXY - DEAL VALUES FINELY TECHNOLOGY AT £20 MILLION
SEALAND CAPITAL GALAXY - CONSIDERATION INCLUDES £6 MILLION CASH AND £6 MILLION IN SHARES AT 1.2 PENCE
SEALAND CAPITAL GALAXY - TO APPOINT MAJORITY OF FT BOARD, CHAIRMAN AND CFO POST-COMPLETION
SEALAND CAPITAL GALAXY - ACQUISITION EXPECTED TO COMPLETE BY SEPT 30, 2026
Source text: ID:nRSN5023Ua
Further company coverage: SCGL.L
((Reuters.Briefs@thomsonreuters.com;))
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