REG - Sealand Capital - Issue of Equity

Sealand Capital GalaxyAnnouncement

29/01/2024 07:00

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RNS Number : 1310B  Sealand Capital Galaxy Limited  29 January 2024

For immediate release

 

Sealand Capital Galaxy Limited

("Sealand" or the "Company")

 

Issue of Equity

 

Sealand Capital Galaxy Limited (LSE: SCGL) announces that it has agreed the
allotment and issue of 9,090,909 ordinary shares of £0.0001 each in the
capital of the Company to Novum Securities Limited, in consideration for
professional services provided.

 

Application will be made for the 9,090,909 new ordinary shares to be admitted
to trading which is expected to be on or around Thursday 1 February 2024.

 

The new ordinary shares will rank pari passu with the existing ordinary shares
of the Company. Following the issue of the new ordinary shares, the Company's
issued share capital will comprise of 724,905,989 ordinary shares. This figure
of 724,905,989 ordinary shares may be used by shareholders in the Company as
the denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change in their interest in, the
share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of
the European Union (Withdrawal) Act 2018 (as amended).

 

-Ends-

 

 Enquiries:

 Sealand Capital Galaxy Limited
 Law Chung Lam Nelson, Executive Chairman  + 44 (0) 753 795 9788

 Novum Securities Limited
 David Coffman                             Tel: +44 (0)20 7399 9429

 

Notes to Editors:

 

The Company's Shares are traded on the Official List of the London Stock
Exchange's main market for listed securities under the ticker SCGL.

 

Further information on Sealand is available on its
website  http://www.scg-ltd.com/ (http://www.scg-ltd.com/)

 

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