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