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Legendary Invest PLC (LEG)

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Friday 17 July, 2015

Legendary Invest PLC

Virtualstock contracts with NHS Teaching Hospital

RNS Number : 3146T
Legendary Investments PLC
17 July 2015
 



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 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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