For immediate release: 24 August 2020

Sealand Capital Galaxy Limited (LSE: SCGL)

Application for Placing of Shares

Sealand Capital Galaxy Limited ("Sealand" or "the Company") is pleased to confirm that, further to the Company's announcement on 17 August 2020, application has been made for the 5,780,346 new ordinary shares referred to therein to be admitted to trading and it is expected that admission will become effective at 08.00 a.m. on Tuesday, 25 August 2020.

-Ends-

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/

Disclaimer

This announcement may contain certain forward-looking statements. These statements are made by the Company's directors in good faith based on the information available to them up to the time of their approval of this announcement but such statements should be treated with caution due to inherent uncertainties, including both economic and business factors, underlying such forward-looking information. This announcement has been prepared solely to provide additional information to shareholders to assess the Group's strategies and the potential for those strategies to succeed.  This announcement should not be relied on by any other party or for any other purpose.