RE: ⬆️ REBOUND ⬆️28 Apr 2025 08:35
LONDON - Sealand Capital Galaxy Limited (LSE:SCGL), a company listed on the London Stock Exchange (LON:LSEG), has announced the convening of general meetings for holders of two sets of equity warrant instruments. The meetings are set to take place on April 30, 2025, at Birchin Court in London, with the aim of seeking approval to extend the exercise period for these financial instruments.
The instruments in question include Equity Warrant Instrument Exercise Price £0.0025 dated January 10, 2025 (Instrument A), and Equity Warrant Instrument Exercise Price £0.004 (Instrument B). The proposed variation would extend the exercise period to the date falling three years after the publication of the FCA-approved prospectus or upon a Change of Control, whichever comes first.
Notices and explanatory circulars detailing the resolutions to be proposed have been dispatched to all registered holders of Instrument A and B. These documents will also be made available on the company’s website for public viewing.
The decision to hold the meetings on short notice is based on obtaining the necessary consent from the requisite number of warrant holders, as stipulated by the terms of the respective instruments.