Sealand Capital Galaxy Limited Issue of Equity (3893K)
21 12월 2022 - 4:00PM
UK Regulatory
TIDMSCGL
RNS Number : 3893K
Sealand Capital Galaxy Limited
21 December 2022
For release: 21 December 2022
Sealand Capital Galaxy Limited
("Sealand" or the "Company")
Issue of Equity
Sealand Capital Galaxy Limited (LSE: SCGL) announces that it has
agreed to issue 115,211,604 new ordinary shares to its Executive
Chairman, Law Chung Lam Nelson, in return for the partial
conversion of the loan owed by the Company to him. The conversion
price per share is GBP0.0021, being the closing bid price on 15
December 2022, making a total conversion of GBP241,944. The Board
of the Company welcomes this transaction as being an important step
in strengthening the balance sheet of the Company and preserving
the Company's cash. Following this, Mr Law will own 50.7% of the
enlarged equity of the Company.
Application will be made for the 115,211,604 new ordinary shares
to be admitted to trading which is expected to be on or around 5
January 2023.
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 715,815,080 ordinary shares. This figure of 715,815,080 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-
Enquiries:
Sealand Capital Galaxy Limited
+ 44 (0) 753 795
Law Chung Lam Nelson, Executive Chairman 9788
Geoffrey Griggs, Independent Non-executive +44 (0) 20 7623
Director 3673
Novum Securities Limited
+ 44 (0) 20 7399
David Coffman/ Daniel Harris 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/
The notification below is made in accordance with the
requirements of the EU Market Abuse Regulation, requiring
notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them:
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Law Chung Lam Nelson
----------------------------- ---------------------------------------------------
Reason for the notification
2 Grant of Options and Placing and Issue of Shares
----------------------------------------------------------------------------------
a) Position/status Executive Chairman
----------------------------- ---------------------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------- ---------------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name Sealand Capital Galaxy Limited
----------------------------- ---------------------------------------------------
b) LEI 2138009EB25MJIULQO19
----------------------------- ---------------------------------------------------
Details of the transaction(s): section to be repeated
4 for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------------------------
a) Description of Ordinary shares of GBP0.0001 each ("Shares")
the financial instrument,
type of instrument
Identification ISIN Code:
code KYG7948E1026
b) Nature of the transaction Issue of equity
----------------------------- ---------------------------------------------------
c) Price(s) and volume(s)
------------ --------------
Price(s) Volume(s)
------------ --------------
0.21p 115,211,604
Shares
------------ --------------
d) Aggregated information
- Aggregated volume 115,211,604 Shares
- Price 0.21p
e) Date(s) of the 20 December 2022
transaction
----------------------------- ---------------------------------------------------
f) Place of the transaction Outside of a trading venue
----------------------------- ---------------------------------------------------
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END
IOETMBPTMTTTBAT
(END) Dow Jones Newswires
December 21, 2022 02:00 ET (07:00 GMT)
Sealand Capital Galaxy (LSE:SCGL)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Sealand Capital Galaxy (LSE:SCGL)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024
