Issue of Equity (8340J)
05 Juillet 2011 - 06:48PM
UK Regulatory
TIDMSGO
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
END
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