Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

Legendary Invest PLC (LEG)

  Print      Mail a friend

Monday 17 July, 2017

Legendary Invest PLC

VS completes strategic funding round with Notion

RNS Number : 1851L
Legendary Investments PLC
17 July 2017
 

17 July 2017

Legendary Investments PLC
("Legendary" or the "Company")

VirtualStock Holdings Limited ("VS") completes strategic funding round with Notion Capital ("Notion"), a trading name of The Fund Incubator Limited

Legendary announces that its investee company, VS, has attracted an investment of £4.5m from Notion Capital, a leading European B2B SaaS Venture Capital firm, to support its next phase of growth. The round values VS at £66m.

VS's goal is to transform global B2B supply chains and marketplaces through its ability to seamlessly and rapidly connect systems together.  VS's core platform ("The Edge") is already used by leading retailers including Tesco, John Lewis, Sainsbury's, Argos and Dixons Carphone to support their digital and omni-channel strategies.  The Edge brings increased transparency and simplicity to a company's supply chain meaning customers can take advantage of the ever-increasing opportunities that an omni-channel environment presents.

As well as the country's leading retailers, VS also counts the leading NHS Trusts amongst its clients. VS also has a partnership with NHS Shared Business Services to bring The Edge to the NHS to help realise up to £1bn of annual savings through transforming the end-to-end procurement process.

Founded in 2009, Notion Capital is a leading European venture capital firm focused on enterprise SaaS and Cloud companies.  Notion's partners are best known for founding and building MessageLabs, one of the world's largest SaaS exits at its $700m sale to Symantec in 2008.  The firm backs exceptional enterprise software entrepreneurs who Notion believes have the potential to transform large, global markets. Notion has made 45 investments to date.

The investment will enable VS to accelerate its already rapid growth in its core retail and health sectors, and support further expansion into new geographic markets and sectors, establishing the business as a global player enabling its clients to deliver digital supply chain transformation fast.

Following this investment, Legendary's stake in VS is 6.8%.

Andrew Mills, CEO at VirtualStock said: "We are delighted that Notion Capital has chosen to invest in our business as we believe they are the best possible partners for us.  Its team brings unique experience having founded and exited MessageLabs and also has built the "Notion Platform" to support their portfolio businesses through a range of value added services.

The investment comes at a very exciting time as we continue to grow our market share in retail and are poised to become the de facto catalogue and procure-to-pay solution within the NHS.  We will now be in a position to accelerate our growth, enhance our portfolio of solutions and expand into new markets. We look forward to further investment in our clients, staff and supplier base, including creating further high quality UK tech sector jobs in the M4 'silicon corridor' over the next year."

Stephen Chandler, Managing Partner at Notion Capital said: "Digital supply chain is a hot topic, and for good reason.  VirtualStock delivers an agile supply chain technology platform that allows its clients to quickly adapt to the challenges of digitisation without turning to traditional systems integration, thereby reducing cost and risk while accelerating benefits.  VirtualStock has already demonstrated this in two important sectors and has accumulated an impressive portfolio of clients.  They are now superbly placed to scale rapidly and we believe that they will become another UK technology success story."

Zafar Karim, Executive Chairman of Legendary, said: "We are pleased that Notion has recognised the value and potential of VS.  Notion invests in B2B SaaS & Cloud Services companies with high growth potential and global ambition

VS continues to make progress in its core targeted markets. As well as benefitting from the investment by Notion, it will benefit from their experience and expertise. We look forward to continuing to work with VS and Notion to help VS realise its potential."

- ENDS -

 

Legendary Investments PLC

Zafar Karim / Thomas Reuner

 

020 8201 3536

Grant Thornton UK LLP

 

Colin Aaronson / Harrison Clarke

 

020 7383 5100

Beaufort Securities Limited

Elliot Hance

020 7382 8300

 

About VirtualStock Holdings Limited:

VirtualStock is a leading British SaaS company that aims to transform global enterprise supply chains and marketplaces. Its flagship product The Edge has been successful in delivering supply chain optimisation for leading retailers, the NHS, suppliers and, ultimately, their customers.

The Edge delivers best-in-class eProcurement functionality, including an Amazon-style B2B marketplace, full procure-to-pay (P2P), product information management (PIM), catalogue management, order management, inventory management, e-invoicing, track and trace, and analytics. The platform is GS11 and PEPPOL2 certified.

1 GS1 is an international organisation that develops and maintains supply chain standards in healthcare, retail, transport and logistics and more.

2 PEPPOL (Pan European Public Procurement On-Line) is a system which provides organisations and its suppliers with a standardised connection for eOrdering, eInvoicing, electronic Credit Notes and Advance Shipping Notifications.

www.virtualstock.co.uk

About Notion Capital:

Notion is a venture capital firm focused on high-potential businesses in the Enterprise Cloud Computing and Software-as-as-Service (SaaS) markets. The Notion team has unique expertise and experience in the Cloud Computing market having founded, built and exited two highly successful businesses in the space - Star and MessageLabs. The Notion portfolio includes Currency Cloud, Dealflo, DemystData, GoCardless, MoveGuides, NewVoiceMedia, Triptease and Workable.

www.notioncapital.comwww.notioncapital.com 

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.

www.leginvest.com 

Disclaimers:

None of the Notion funds referred to herein is open to investment from members of the general public. Past performance is not an indicator of future performance and the value of investments can go up as well as down.

Notion Capital is a trading name of The Fund Incubator Limited - registered in Scotland Co No SC21868. MBM COMMERCIAL, 5th Floor 125 Princes Street, Edinburgh, Scotland, EH2 4AD. Authorised and Regulated by the Financial Conduct Authority.

 


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

a d v e r t i s e m e n t