Sealand Capital Galaxy Limited Temporary Suspension (4636M)

TIDMSCGL

RNS Number : 4636M

Sealand Capital Galaxy Limited

30 April 2018

30 April 2018

Sealand Capital Galaxy Limited

("Sealand", or the "Company")

Temporary suspension of share trading

The directors of Sealand ("Board") have concluded that the Company will not be able to publish its annual audited accounts for the year ended 31 December 2017 ("FY17") by 30 April 2018 due to a delay in the audit.

Accordingly, we are requesting a suspension of the Company's ordinary shares with effect from Monday 30 April at 7.30am pending notification of its FY17 full year results.

The imperative of the Board is to minimise the delay in the completion of its final audited FY17 results and a further update will be given as soon as the Board is in position to do so, regarding the expected date of announcement of those results.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

Enquiries

Sealand Capital Galaxy Limited

Law Chung Lam Nelson, Chairman and Chief Financial Officer + 44 7537959788

   Nicholas Lyth, Non-Executive Director                                     + 44 7537959788 

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 ordinary 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/ 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 30, 2018 02:00 ET (06:00 GMT)