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Issue of Equity

5th Jul 2011 17:48

RNS Number : 8340J
SocialGO plc
05 July 2011
 



5 July 2011

 

 

SocialGO Plc

("SocialGO" or the "Company")

 

Issue of Equity

 

SocialGO, the AIM-quoted developer and provider of software for the on-line social media sector, announces today that it has issued and allotted 149,333 new ordinary shares of 1 pence each in the Company following the exercise of options which were granted under the Company's EMI scheme.

 

These new ordinary shares will rank pari passu with the existing ordinary shares and application has been made for these new ordinary shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will occur on 11 July 2011.

 

Following Admission the total number of ordinary shares in issue with voting rights will be 445,344,740.

 

 

- Ends -

 

For further information, please contact:

SocialGO plc

Dominic Wheatley, Chairman

Alex Halliday, CEO

Tel: +44 (0)845 299 7289

www.socialgoplc.com

 

Canaccord Genuity Limited

Mark Williams / Christopher Fincken

Tel: +44 (0)20 7050 6500

www.canaccordgenuity.com

First Columbus

John Nuttall / Chris Crawford / Kelly Gardiner

Tel: +44 (0)20 3002 2070

www.first-columbus.com

 

Pelham Bell Pottinger

Mark Antelme / Jenny Renton / Charlie Stewart

Tel: +44 (0)20 7861 3233894

www.pelhambellpottinger.co.uk

 

About SocialGO

SocialGO Plc is a developer and provider of software as a service which allows groups to build their own online social networks, SocialGO™. SocialGO's software allows customers to quickly and easily create, manage and control their own private social network and provides the members of these networks with the ability to communicate and share with like minded people in a controlled and secure environment. SocialGO derives its revenues from subscription premiums paid by network owners and from selling value added services which allows network owners to maximise the social networking experience and the revenues that can derive from creating and managing a social network. SocialGO is part of the burgeoning Silicon Roundabout in London, UK.

www.sgv2.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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