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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   Tel: +44 (0)845 299 7289 
  Alex Halliday, CEO 
                              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 /       Tel: +44 (0)20 3002 2070 
  Kelly Gardiner 
                                       www.first-columbus.com 
 
 
 Pelham Bell Pottinger 
 Mark Antelme / Jenny Renton / Charlie   Tel: +44 (0)20 7861 3233894 
  Stewart                                 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(TM). 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

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