Sealand Capital Galaxy Limited Directorate Change (5908X)

TIDMSCGL

RNS Number : 5908X

Sealand Capital Galaxy Limited

27 November 2017

27 November 2017

Sealand Capital Galaxy Limited (LSE: SCGL)

("Sealand" or the "Company")

Director Appointment

Sealand is pleased to announce that Frazer McRae has been appointed as a Non-Executive Director of the Company on 24 November

Mr McRae comes from a background in Investment Banking and Foreign Exchange, having worked for Morgan Stanley, Deutsche Bank and Merrill Lynch in both London and Hong Kong.

Mr McRae has particular skills and experience in building businesses in the fintech area generally and cross-border payment and blockchain specifically. These skills and experience are expected to be particularly relevant to Sealand as it develops its cooperation with WechatPay in the future.

Mr McRae is CEO of Y2P technologies which is a co-signatory to Sealand's WechatPay Agency Agreement that was announced on 8 September 2017.

Mr Nelson Law, Executive Chairman of Sealand, commented:

"We are delighted to have secured the services of Frazer as Non-Executive Director. Sealand is particularly focussed on building its cooperation with Wechat and his skills and experience will be central to achieving success in this".

Enquiries:

Sealand Capital Galaxy

Nicholas Lyth, Non-Executive Director 07769 906 686

This information is provided by RNS

The company news service from the London Stock Exchange

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November 27, 2017 05:13 ET (10:13 GMT)