TIDMSCGL

RNS Number : 2858Y

Sealand Capital Galaxy Limited

08 May 2019

For release: 07.00 am, 8 May 2019

Sealand Capital Galaxy Limited

("Sealand", or the "Company")

Directorate Change

Sealand Capital Galaxy Limited, (LSE: SCGL) a company engaged in the investment and acquisition of IT and social media businesses with high growth potential, announces the resignation of Max Li as a Non-Executive Director with immediate effect.

Nelson Law, Executive Chairman, commented:

"I would like to take this opportunity to thank Max for his contribution to Sealand and wish him the best for the future.

As the Company moves into new directions and now begins to monetise its assets, it is important that we have the right Board composition to help us execute our strategy. We are already in discussions with a number of suitable potential replacements and will make a further announcement in due course."

-Ends-

Enquiries

 
 Sealand Capital Galaxy Limited 
 Law Chung Lam Nelson, Executive Chairman    + 44 7537959788 
 
 Belvedere Communications 
 John West                                   +44 20336872756 
 Llew Angus                                  +44 20336872754

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/

Disclaimer

This announcement contains 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

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May 08, 2019 02:00 ET (06:00 GMT)

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