Sealand Capital Galaxy Limited Appointment of NED (7451Q)

TIDMSCGL

RNS Number : 7451Q

Sealand Capital Galaxy Limited

21 February 2019

For immediate release

Sealand Capital Galaxy Limited

Appointment of Non-Executive Director

Sealand Capital Galaxy Limited, ("Sealand", or the "Company") is delighted to announce the appointment of Mr Mark Bernard Battles as Non-Executive Director with immediate effect.

Mr Battles (aged 52) has extensive experience working with UK listed companies in both executive and non-executive roles. He has particular experience working with turnaround situations in high growth sectors such as digital marketing and media, telecoms and financial services. He is the former CFO of London's largest digital agency in the 90s, 'Pres.co' from 1997 to 1999 which was successfully sold for GBP16 million. Other previous public listed companies he has worked with over the last 10 years include: Nexus Management plc, Concha plc and Avisen plc.

Mr Battles has also worked extensively with private companies offering corporate finance, consultancy and fund raising advice across a broad range of sectors. He is has a strong network of contacts among the professional advisory and investment communities and has been involved with a number of IPOs, trade exits and capital raising rounds, which have a combined market value of approximately GBP400 million over the last 15 years.

As well as being an experienced board director and advisor, Mr Battles is a successful investor in his own right, having backed companies in the media, marketing, telecoms, technology, renewables and property sectors. He is also the founder of the League of Angels ("the League"), an investment society established to provide a platform and community for angel investors; and to help promote British businesses from across the UK with a strong regional focus. The League, under Mr Battles stewardship, has grown into a thriving Investor Society and partners with the Monaco Venture Capital Foundation.

Private companies he has been involved with include: Dalhousie Coffee Company, Supported Business Limited, Intelligent Payment Solutions Limited, Wireless Theatre Limited and Balgownie Ventures Ltd.

Nelson Law, Executive Chairman commented:

"We are very pleased to welcome Barney to our team. He brings a wealth of relevant sector experience, as well as London listed company experience. His complementary corporate advisory skills will be an important asset for Sealand as the Company expands in the UK and beyond. As previously stated, governance, relevant commercial experience and a thriving network of contacts will be invaluable as we successfully execute on our strategy to build a digital bridge between the Chinese market and selected overseas markets via our WeChat advertising, marketing and payment services. We believe Barney can play an important role to help execute that strategy."

Mr Battles added:

"Sealand has great potential, especially given its strong relationships with Tencent, one of China's largest and most important companies. Having worked with media, marketing, technology and telecoms businesses before I see great opportunities to monetize these relationships to create value for Sealand shareholders and partners."

-ends-

Enquiries:

 
 Sealand Capital Galaxy Limited 
 Law Chung Lam Nelson, Executive Chairman    [phone] 
 
 Belvedere Communications 
 John West                                   [phone] 
 Kim van Beeck                               [phone] 
 

Notes to Editors:

-- Sealand Capital Galaxy Limited (LSE: SCGL) is engaged in the investment and acquisition of IT and social media businesses in the APAC region with high growth potential.

-- 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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February 21, 2019 05:32 ET (10:32 GMT)