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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("EUWA")) ("UK MAR")
Sealand Capital Galaxy Limited
("Sealand" or "the Company")
Exercise of Warrants
Exercise of Warrants
Sealand announces it has received notice to exercise warrants over 31,000,000 new ordinary shares of £0.0001 each in the Company (the "Warrant Shares").
The Warrant Shares are being issued pursuant to the exercise of warrants granted and announced on the 30th of December 2024. Subscription monies of £77,500 have been received by Sealand in respect of this exercise.
Admission and Total Voting Rights
Application will be made for the Warrant Shares to be admitted to the Equity shares (transition) segment of the Official List and to trading on the main market of the London Stock Exchange plc ("Admission"). It is expected that Admission will become effective and that dealings in the Warrant Shares will commence at 8.00am on or around 27th of May 2025.
Following Admission, the total issued share capital of the Company will consist of 897,905,989 Ordinary Shares. Therefore, the total number of voting rights in the Company is 897,905,989 and this figure 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.
-Ends-
Enquiries:
Sealand Capital Galaxy Limited
Dr. Thomas Sawyer (Chief Executive Officer)
Ms. Elena Law (Chairwoman)
Mr. Geoffrey Griggs (Non-Executive Director)
Bowsprit Partners Limited (Financial Adviser) +44 (0) 203 833 4430
StockBox Media (IR/PR)
Notes to Editors:
The Company's shares are traded on the transition category of the London Stock Exchange under the ticker SCGL.
Further information on Sealand Capital Galaxy Limited is available on its website www.sealandcapitalgalaxy.com
On 22 May 2025, Sealand Capital Galaxy Limited announced the exercise of warrants for 31,000,000 new ordinary shares of £0.0001 each, receiving £77,500 in subscription monies for warrants originally granted on 30 December 2024. Application will be made for these shares to be admitted to the London Stock Exchange, expected around 27 May 2025, at which point the total issued share capital and voting rights will be 897,905,989 Ordinary Shares.
| Date | 22 May 2025 |
| Time | 10:22:09 |
| Category | Corporate updates |
| ID | 7898J |