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3 May 2013 07:00
SOCIALGO PLC
Appointment of Executive Chairman
SocialGO Plc (the "Company") is pleased to announce the appointment of Oliver Cooke as Executive Chairman with immediate effect. Dominic Wheatley, the former Chairman, has taken on the role of non-executive director.
Mr Cooke has been appointed to the board of the Company with a mandate to assess its current operations and to propose a course of action that will deliver value to its shareholders, which may involve the disposal of the Company's current operations, acquisitions or new investment into the Company.
The following information is disclosed in accordance with Schedule 2, paragraph (g) of the AIM Rules for Companies. Oliver Charles Hewardine Cooke, aged 58, is currently a director or partner of the following:
AfriAg plc
3D Diagnostic Imaging Limited
CarieScan Limited
Corrib Associates
Peterhouse Corporate Finance Limited
Within the past five years, Mr Cooke was previously a partner of St Helens Capital LLP.
Mr. Cooke does not at present hold any shares in the Company.
For further information:
SocialGO plc
Oliver Cooke, Executive Chairman
Neil Goodall, CEO Tel: 0845 299 7289
www.socialgoplc.com
Northland Capital Partners Limited
William Vandyk, Matthew Johnson Tel: 020 7796 8800
About SocialGO
SocialGO plc is a developer and provider of software and related services that allows customers to build their own online social presence, SocialGOTM. 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 likeminded 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.
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