Sealand Capital Galaxy Limited Issue of Equity
January 29 2024 - 2:00AM
RNS Regulatory News
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-
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Enquiries:
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Sealand Capital Galaxy Limited
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Law Chung Lam Nelson, Executive
Chairman
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+ 44 (0) 753 795 9788
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Novum Securities Limited
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David Coffman
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Tel: +44 (0)20 7399 9429
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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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END
IOEBPMATMTJTBRI
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