REG - Sealand Capital - Issue of Equity

Sealand Capital GalaxyAnnouncement

11/09/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240911:nRSK6627Da&default-theme=true

RNS Number : 6627D  Sealand Capital Galaxy Limited  11 September 2024

For release at 7-00am Wednesday 11 September 2024

 

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 31,000,000 ordinary shares of £0.0001 each for cash
for a total consideration of £46,500.

 

Application will be made for the 31,000,000 new ordinary shares to be admitted
to trading as soon as practicable.

 

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 755,905,989 ordinary shares. This figure
of 755,905,989 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

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/)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOELMMTTMTBBTBI