Sealand Capital shares rise following appointment of new CEO

(Alliance News) - Sealand Capital Galaxy Ltd on Monday appointed Thomas Sawyer as its new chief ...

Alliance News 20 January, 2025 | 10:41AM
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(Alliance News) - Sealand Capital Galaxy Ltd on Monday appointed Thomas Sawyer as its new chief executive officer, effective immediately, as CEO Elena Suet Sum Law transitions to the role of chair.

Shares in Sealand Capital were up 9.2% at 11.90 pence each in London after the announcement on Monday morning.

The Asia-focused digital investor offers financial and strategic support to entrepreneurs. It said Sawyer brings extensive experience in biotechnology, artificial intelligence, and data-driven innovation.

His career spans senior executive roles in public and private companies, specialising in corporate strategy, financing, and fostering collaborations across technology, healthcare, and biopharma sectors, Sealand said.

Sawyer holds a PhD in Life Sciences from the University of Glasgow and an Executive MBA from the University of Cambridge. He has also served as an honorary lecturer at University College London and a mentor at Cambridge's Judge Business School.

Commenting on his appointment, Sawyer said: "It is an exciting time for Sealand, as the business looks to strategically enhance existing operations and look to access scalable opportunities through exploring new technological advances. I am committed and motivated in this new role and look forward to working with the Sealand team in progressing the company and delivering value to our shareholders."

Law said: "The board and I are delighted to welcome Sawyer as the company's newly appointed CEO. Sawyer provides the company and our shareholders an executive with a truly rare, valuable and balanced skillset that greatly compliments Sealands present and future ambitions."

As part of his appointment, Sawyer has been granted around 1.23 million stock options with a strike price of 12p per share, around the current market price. The options will vest after 12 months of service and have a five-year expiration.

By Eva Castanedo, Alliance News reporter

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Sealand Capital Galaxy Ltd Shs GBP 12.33 GBX 13.15 -

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