SocialGO plc
("SocialGO" or the "Company")
SIPP Announcement
Dominic Wheatley, Director of the Company, transferred 3,100,000 ordinary 1p shares ('Shares') into his Self Invested Personal Pension ('SIPP'), at a price of 0.65p a Share. This does not change Dominic Wheatley's beneficial ownership of 71,805,102 Shares, being 16.1 per cent of the Company's current issued share capital. The transfer into the SIPP took place on 11 May 2011.
For further information, please contact:
SocialGO plc |
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Dominic Wheatley, Chairman Neil Goodall, CEO |
Tel: +44 (0)845 299 7289 |
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Deloitte LLP |
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Oliver Rigby / Jon Hinton |
Tel: +44 (0)20 7936 3000
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First Columbus |
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Chris Crawford / Kelly Gardiner |
Tel: +44 (0)20 3002 2070 |
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Hill + Knowlton |
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Rebecca Ribbans / Mark Walsh |
Tel: +44 (0)20 7413 3502 |
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www.hillandknowlton.co.uk |
About SocialGO
SocialGO Plc is a developer and provider of software and related services that allows customers to build their own online social presence, SocialGO™. SocialGO's platform allows customers to quickly and easily create, manage and control their social media presence and provides the members of these websites 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 website owners and from selling value added services which allows website owners to maximise the social media experience and the revenues that can derive from creating and managing a social media presence. SocialGO is part of the burgeoning Silicon Roundabout in London, UK.