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Legendary Invest PLC (LEG)

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Monday 07 September, 2015

Legendary Invest PLC

Investee company Virtualstock CEO appointment

RNS Number : 1855Y
Legendary Investments PLC
07 September 2015
 



7 September 2015

Legendary Investments Plc
("Legendary")

Virtualstock Holdings Limited Appoints Andrew Mills as Chief Executive Officer

Legendary announces that its investee company, Virtualstock Holdings Limited ("VS") has appointed Andrew Mills as its Chief Executive Officer.

Andrew Mills is a senior executive with a wealth of experience in managing, building and growing technology businesses. He has held global, regional and country leadership positions, including leading global teams of over 1,400 people in up to 65 countries with sales of over US$4bn. Andrew has worked for world class organisations including most recently, Samsung, where as a European Vice President of Enterprise Business, he grew the sales from US$1bn to over US$4bn in just over one year. He has also held senior positions with IBM, EDS and KPMG Consulting.

Andrew Mills, newly appointed CEO of VS said "Virtualstock are at the forefront of emerging technologies that enable businesses to create new ways of working in the digital world. I am delighted to join such an innovative and forward thinking organisation and look forward to contributing to the Company's continued success."

Ed Bradley, Co-founder of VS said "The Board is thrilled that Andrew will be joining the team. Andrew shares our vision and our focus on innovation, and we very much look forward to his valuable insights."

Zafar Karim, Executive Chairman of Legendary said "We are delighted that VS has been able to attract an executive of Andrews's standing. It is a testament to what Virtualstock has achieved and where it can go. Andrew will play the key role in rapidly driving the next stage of Virtualstock's expansion."

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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.

For more information, visit http://www.virtualstock.co.uk 


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