Sealand Capital announces results of warrant holder meetings

Published 30/04/2025, 17:04
Sealand Capital announces results of warrant holder meetings

LONDON - Sealand Capital Galaxy Limited (LSE:SCGL) has announced the successful conclusion of general meetings with holders of its warrant instruments. The meetings, which took place today, focused on proposed variations to the terms of two specific equity warrant instruments.

The company had previously communicated on April 25, 2025, the scheduling of these meetings for warrant holders of Instrument A, issued on January 10, 2025, and Instrument B, which carries an exercise price of £0.004. Both meetings were held at 3:00 pm at Birchin Court in London.

According to the announcement, all resolutions that were put forward at the meetings were passed. These resolutions pertained to changes in the terms of the warrant instruments, details of which were outlined in an explanatory notice distributed to the warrant holders prior to the meetings.

The company has indicated that with the resolutions now passed, it will move forward with the implementation of the agreed-upon variations to the instruments. The nature of these variations was not specified in the press release.

Sealand Capital has classified the information shared in this announcement as inside information under the Market Abuse Regulation (EU) No. 596/2014, which is part of UK law following the European Union (Withdrawal) Act 2018.

This announcement is based on a press release statement from Sealand Capital Galaxy Limited.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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