17 Jul 2015 07:00
17 July 2015
Legendary Investments Plc("Legendary")
Virtualstock Holdings Limited ("Virtualstock") contracts with a leading NHS Teaching Hospital Trust
Legendary (AIM: LEG), the proactive investment company, is pleased to announce that its investee company, Virtualstock, has entered into a contract with a leading NHS Teaching Hospital Trust to deliver cost saving efficiencies within its supply chain.
Legendary has a 7.0% stake in Virtualstock.
Zafar Karim, Executive Chairman of Legendary, commented:
"We are pleased at this landmark contract win which again underlines and demonstrates the ability of Virtualstock solutions to connect any set of fragmented systems, without disruption to any existing IT landscape. Moreover, this contract mark's Virtualstock's first entry into the health sector. It is outside of the online retail sector and demonstres that Virtualstock's solutions are sector agnostic."
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For further information, please contact:
Legendary Investments Plc | Zafar Karim / Thomas Reuner
| 020 8201 3536 |
Grant Thornton UK LLP
| Colin Aaronson/ Melanie Frean / Harrison Clarke | 020 7383 5100 |
Beaufort Securities Limited
| Zoe Alexander | 020 7382 8300 |
Peterhouse Corporate Finance
| Duncan Vasey/Heena Karani | 020 7469 0933 |
About Legendary Investments Plc
Legendary Investments Plc is a proactive investment company that focuses on making investments in and assisting companies which exhibit the potential to generate returns of many multiples through capital appreciation. Typically, Legendary invests in small companies where there are clear catalysts for value appreciation and the companies are operating in sectors exhibiting long term growth. Examples of such sectors include technology, energy and natural resources.
For more information, visit www.leginvest.com
About Virtualstock Holdings Limited
Virtualstock is a disruptive, British software company at the forefront of today's technology revolution. With a decade of cloud expertise, Virtualstock delivers radical solutions, enabling organisation's to plan, grow and achieve their most ambitious missions.
Virtualstock's game changing approach challenges the costly and time-consuming process of traditional systems integration. Utilising agile, open source technology, the Virtualstock team has developed a unique way for information to flow between any set of fragmented systems, without disruption to any existing IT landscape. Data is seamlessly collated, enriched, mapped and validated, allowing only trusted, reliable information to be deployed across the enterprise.
www.virtualstock.co.uk