Vin Murria-"Queen of Tech"29 Jul 2018 12:25
Vin Murria, introduced as "Queen of Tech" as the last Investor Show of :SP.
Vox Mkts yesterday: "Golden Child of Tech".
Vin Murria is on the Tech 100 Rich List No 47 at £100m [Vin & fam] with the entry: Advanced Computer Software details. Recently, on Queen*s list and awarded OBE for her tech fame via Advanced Computer Software[AIM listed at £32m] & tech.
= High Profile, Interview with Financial Times. [Out of London University with 1st Class BSc [Hons]: Computer Science & MBA,- 1st job Kewill Plc. Founder put her in charge of acquisitions which made the co into a Unicoron [£ billion co].
The rest is history. Both co*s she founded, taken over by big US private equity groups, the last being £725 million. On Linkedin: Current :Venture Capital & Private Equity, 20 years of M & A etc, with 500+ connections [max listed once after 500] and Senior Advisor at NM Rothschilds.
IMTK RNS- 27 July 2018 - Vin Murria wants a "controlling" stake but not takeover per City Code, hence needs clearance and also a regulatory check. Already bought 1.34% in IMTK in Feb 2018 [Ref: RNS Form 8.3] of 3million shares. 4 Traders.com lists the holding at last count at 1.78% with 4 million shares.
***What does Vin Murria bring to IMTK if the 2 regulatory checks pass?*****
1) The profile as above alone tells that she could command an FT interview [London]
2) Came to the notice of Forbes, already posted. [USA]
3) 2 co she founded bought out by large US private equity groups - known in the USA among private equity etc.
4)Senior Advisor at NM Rothchilds - needs no explanation - 1 of the top corridors of finance.
5) Recently bought 10% of FinnCap, Top AIM broker and Top 5 FTSE broker and sits on the board.
6)Found out she also is FSA Licenced.
7) What is the potential conclusion or perception of the IMTK RNS of 26 July 2018?
Possibly that Murria at 55 yrs old wants to enter public life again via a publicly listed London vehicle.
8)Why IMTK? A previous high profile figure of a Unicorn UK co wanted to also take this route but there is regulatory hurdles to pass as said.
WHAT ARE THE REGULATORY HURDLES?
1) C.V matters a lot including qualifications of the right type ie computer qualifications to run a large computer co and preferably a/c or MBA to know how to do M & A properly.
Any job in financial services, say , even for Assistant Co Secretary of a Building Society will need clearance from the regulator to make sure they are sufficiently knowledgeable to carry out their duties. Same in this case.
So what will be looked at for eg? 1) C.V ie experience 2) Record: C.V 3) Character as in whether made bankrupt etc.
Murria*s position at NM Rothchild and FSA licenced will also help.
Just stating what is commonly known. Why is this? The regulators dont want someone not knowing what they are doing or not financially proficient. Lenders, banks etc will also want to see the calculations if taking over co*s -financial diligence.
PRESS
Vin Murria, i