Sealand Capital Galaxy Limited Appointment of Non-Executive Director (5972B)

TIDMSCGL

RNS Number : 5972B

Sealand Capital Galaxy Limited

10 June 2019

For release at 07.00: 10 June 2019

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. Geoffrey Griggs as an Independent Non-Executive Director with immediate effect.

Mr. Griggs (aged 65), a Fellow of the Chartered Institute for Securities and Investment and of the Institute of Chartered Accountants in England and Wales, has extensive experience of UK Plc's and of advising digital marketing and branding companies. He is currently a Non-Executive Director of HML Holdings Plc ("HML"), a property services company listed on AIM. He was heavily involved in HML's flotation process and during his time at the company the business has developed considerably. His responsibilities include being Chairman of the remuneration and audit committees. Mr. Griggs also serves as a Director of LTC Holdings Plc, an unquoted Plc with around GBP9m of net assets and approximately 700 shareholders.

Previously he was Finance Director for eight years at Netb2b2 Plc, an AIM listed IT company; and was Finance Director for four years of an international advertising company which went on to form part of Ntent Inc, now a leading semantic search company. Major Players Limited, a leading firm of recruiters in the digital marketing space, and winner of The Sunday Times Best Small Company to Work For, was sold to a large European multinational and subsequently sold back to original management and Mr. Griggs advised on both sales as part of his role as Non-Executive Advisor to that company. He has advised a number of digital marketing and branding companies and he has also served as Non-Executive and Finance Director of a significant environmental waste management company based in the North West.

Mr. Griggs originally qualified as a Chartered Accountant with KPMG and then moved to Spicer and Pegler (subsequently taken over by Deloitte) where he became Director of Finance. He then moved to a firm of specialist financial advisors which at the time of joining was an associated company of Morgan Grenfell and Deutsche Bank. He has since worked as an Executive and Non-Executive Director in a wide range of companies.

Nelson Law, Executive Chairman commented:

"As a member of the City of London Club, a Liveryman of the Chartered Accountants Livery Company and an Associate Member of MCC, Geoffrey boasts a considerable network of contacts. This, combined with his on the ground knowledge of the City and the Plc space, and a strong focus on corporate governance, will be of great benefit to Sealand.

"He brings considerable sector experience, as well as London listed company experience to Sealand and we are thrilled to have him on board. His strong strategic financial background will be an important asset for Sealand as we expand our footprint around the world. His sector experience fits well with our advertising, marketing and payment services."

-ends-

Enquiries:

Sealand Capital Galaxy Limited

Law Chung Lam Nelson, Executive Chairman

[phone]

Barney Battles, Non-Executive Director

[phone]

Belvedere Communications

Llew Angus

[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/ 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

BOACKFDPDBKDQAK

(END) Dow Jones Newswires

June 10, 2019 02:00 ET (06:00 GMT)