Sealand Capital Galaxy Limited Admission to Trading (9163F)
18 November 2015 - 8:17PM
UK Regulatory
TIDMSCGL
RNS Number : 9163F
Sealand Capital Galaxy Limited
17 November 2015
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA
OR JAPAN.
SEALAND CAPITAL GALAXY LIMITED ("Company")
Admission to Trading
17 November 2015
Sealand Capital Galaxy Limited, a company formed to undertake an
acquisition of a target company or business in the social media
sector, is pleased to announce:
-- the placing of 7,500,000 new ordinary shares at 10p per share
to raise GBP750,000, conditional only upon Admission; and
-- that its enlarged issued ordinary share capital consisting of
30,000,000 ordinary shares of GBP0.0001 each will be admitted to
the standard segment of the Official List of the UK Listing
Authority and to trading on the London Stock Exchange's main market
for listed securities (together, the "Admission").
It is expected that the Admission will become effective and that
dealings will commence at 8.00 a.m. on 17 November 2015 under the
TIDM code "SCGL" (ISIN: KYG7948E1026).
Except for the holdings of the Directors, the shareholders in
the Company as at Admission holding 3% or more are:
Name No. of shares Percentage
----------------- -------------- -----------
TLML Limited 1,250,000 4.17%
----------------- -------------- -----------
T Shux Limited 1,250,000 4.17%
----------------- -------------- -----------
KPKI Limited 1,250,000 4.17%
----------------- -------------- -----------
LWH Limited 1,250,000 4.17%
----------------- -------------- -----------
LW Hon Limited 1,250,000 4.17%
----------------- -------------- -----------
KY Ling Limited 1,250,000 4.17%
----------------- -------------- -----------
The shareholdings of the Directors as at Admission are as
follows:
Name No. of shares Percentage
-------------- -------------- -----------
Nelson Law 15,750,000 52.5%
-------------- -------------- -----------
Leon Lim 6,750,000 22.5%
-------------- -------------- -----------
Angus Irvine Nil Nil
-------------- -------------- -----------
Enquiries: Nelson Law, chairman, tel: +852 6903 3681
IMPORTANT NOTICE:
This announcement does not contain or constitute an offer of, or
the solicitation of an offer to buy or subscribe for, securities to
any person in any jurisdiction, including the United States,
Australia, Canada or Japan. The securities referred to herein have
not been, and will not be, registered under the U.S. Securities Act
of 1933, as amended (the "Securities Act"), or the securities laws
of any state or other jurisdiction of the United States or under
applicable securities laws of Australia, Canada or Japan and may
not be offered or sold within, into or in the United States except
pursuant to an exemption from, or in a transaction not subject to,
the registration requirements of the Securities Act and applicable
state securities laws or to or for the account or benefit of
persons in the United States, Australia, Canada or Japan or any
other jurisdiction where such offer or sale would violate the
relevant securities laws of such jurisdiction. The Company is not
and does not intend to become an "investment company" within the
meaning of the U.S. Investment Company Act of 1940, as amended (the
"U.S. Investment Company Act"), and is not engaged and does not
propose to engage in the business of investing, reinvesting,
owning, holding or trading in securities. Accordingly, the Company
is not and will not be registered under the U.S. Investment Company
Act and Investors will not be entitled to the benefits of that
Act.
This announcement is an advertisement and does not constitute or
form part of, and should not be construed as, an offer to sell or
issue, or a solicitation of any offer to buy or subscribe for, any
securities, nor should it or any part of it form the basis of, or
be relied on in connection with, any contract or commitment
whatsoever. This announcement is not a prospectus. Investors should
not subscribe for or purchase any securities referred to in this
announcement except on the basis of information in the Prospectus
issued by the Company in connection with the admission of the
Ordinary Shares to a standard listing on the Official List of the
FCA and to trading on the London Stock Exchange plc's main market
for listed securities. Copies of the Prospectus are available from
Fladgate LLP, 16 Great Queen Street, London WC2B 5DG and at
http://www.morningstar.co.uk/uk/NSM. The Prospectus is also
available on the Company's website www.scg-ltd.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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