For immediate release
Sealand Capital Galaxy Limited
("Sealand" or "the Company")
Issue of Equity
Sealand Capital Galaxy Limited (LSE: SCGL) announces that, it has allotted and issued 1,800,000 ordinary shares of £0.0001 each in the capital of the Company in in lieu of fees for a research assignment to be carried out for the Company ("the Shares").
Application will be made for the Shares to be admitted to trading which is expected to be on or around 26 July 2021. The Shares will rank pari passu with the existing ordinary shares of the Company. Following the issue of the Shares, the Company's issued share capital will comprise of 517,837,242 ordinary shares. This figure of 517,837,242 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.
This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).
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Enquiries:
| |
Sealand Capital Galaxy Limited | |
Law Chung Lam Nelson, Executive Chairman | + 44 (0) 753 795 9788 |
Novum Securities Limited | |
David Coffman | + 44 (0) 20 7399 9400 |
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/
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