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 £750,000,
conditional only upon Admission; and
• that its enlarged issued ordinary share capital consisting of
30,000,000 ordinary shares of £0.0001 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