THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014, AS AMENDED WHICH, BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, FORMS PART OF UK LAW. ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Sealand Capital Galaxy Limited
("Sealand" or the "Company")
Strategic Update and Business Expansion
The Board of Sealand (LSE: SCGL) is pleased to announce its intention to enhance the Company's strategic objectives and core business operations. The Board believes that focusing the Company's resources on high-growth technology and AI-led opportunities is the best route to enhance long-term shareholder value. Following a review of market trends and the Company's capabilities, the Board intends to upgrade and augment the Company's developmental priorities (the "Expansion").
Strategic focus: technology and AI
Under the intended Expansion, the Company plans to prioritise:
· AI and SaaS software tools to support commercial deployment of digital management solutions; and
· Computing-power infrastructure and energy technology, with the aim of building a more integrated platform spanning digitalisation, intelligence, computing support and energy assurance.
The Board believes this renewed focus will strengthen the Company's competitiveness and support sustainable revenue generation over time.
Geographic focus: Asia-Pacific
The Company intends to prioritise the Asia-Pacific region through a dual-hub approach:
· Shenzhen as the hub for Mainland China operations (Greater Bay Area); and
· Hong Kong as a base for expansion into Southeast Asia and broader Asian markets.
Supporting activities
To support the execution of the Expansion, the Company aims to:
· provide advisory services to international companies entering China and the UK market; and
· pursue selective investments aligned with the Company's technology and AI strategy where the Board considers these accelerate delivery of the intended priorities.
Governance and implementation
The Board intends to ensure it has an appropriate mix of skills and experience to oversee the Company's intended technological and infrastructure priorities and may evaluate synergistic M&A opportunities consistent with the Expansion.
All actions will be undertaken in accordance with applicable UK regulatory requirements, including the UK Listing Rules and the Disclosure Guidance and Transparency Rules. The Company will provide further updates as appropriate.
For the avoidance of doubt, this announcement sets out the Company's intended strategic direction only and does not constitute a profit forecast or investment commitment.
The Directors of the Company are responsible for the release of this announcement.
Enquiries:
Sealand Capital Galaxy Limited
Dr. Thomas Sawyer (Chief Executive Officer)
Mr. Siqi Cao (Executive Director)
Bowsprit Partners Limited (Financial Adviser) +44 (0) 203 833 4430
Stockbox Media (PR/IR)
Notes to Editors:
The Company's Shares are traded on the Equity Shares (Transition) category of the London Stock Exchange under ticker LSE: SCGL.
Further information on Sealand Capital Galaxy Limited is available on: www.sealandcapitalgalaxy.com