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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sealand Capital Galaxy Limited | LSE:SCGL | London | Ordinary Share | KYG7948E1026 | ORD SHS GBP0.0001 EACH (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.075 | 0.07 | 0.08 | 0.075 | 0.06925 | 0.075 | 0.00 | 08:00:25 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Investment Advice | 247k | -178k | -0.0002 | -3.50 | 501.07k |
TIDMSCGL
RNS Number : 2520W
Sealand Capital Galaxy Limited
17 August 2020
For immediate release: 17 August 2020
Sealand Capital Galaxy Limited (LSE: SCGL)
Exercise of Warrant & Issue of Equity
Sealand Capital Galaxy Limited ("Sealand" or "the Company") announces that it has received a notice of exercise of warrant over 5,780,346 new ordinary shares of GBP0.0001 each in the share capital of the Company
(the "Warrant Shares") at a price of GBP0.004325 per share, which was granted on 14 January 2020.
Accordingly, the Company has today issued the Warrant Shares to the warrant holder for an aggregate cash consideration of GBP25,000 .
Application will be made for the Warrant Shares to be listed on the main market of the London Stock Exchange as soon as is practicable. The Warrant Shares will rank pari passu in all respects with the existing issued ordinary shares of GBP0.0001 each in the capital of the Company.
Total voting rights
Following the issue of the Warrant Shares, the total issued share capital of the Company will consist of 509,830,346 ordinary shares of GBP0.0001 each carrying the right to one vote. There are no shares currently held in treasury. The total number of voting rights in the Company will therefore be 509,830,346 and this figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Rules and Transparency Rules.
-Ends-
Enquiries: Sealand Capital Galaxy Limited Law Chung Lam Nelson, Executive Chairman + 44 753 795 9788
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/
Disclaimer
This announcement may contain certain forward-looking statements. These statements are made by the Company's directors in good faith based on the information available to them up to the time of their approval of this announcement but such statements should be treated with caution due to inherent uncertainties, including both economic and business factors, underlying such forward-looking information. This announcement has been prepared solely to provide additional information to shareholders to assess the Group's strategies and the potential for those strategies to succeed. This announcement should not be relied on by any other party or for any other purpose .
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 rns@lseg.com or visit www.rns.com.
END
IOESFAFMMESSEDA
(END) Dow Jones Newswires
August 17, 2020 02:00 ET (06:00 GMT)
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