Virtualstock appoints former Director of NHS

11 December 2015

Legendary Investments Plc("Legendary")

Virtualstock Holdings Ltd ("VS") appoints former National Director of NHS Procurement as Director of Healthcare and Public Sector

Following on from the the announcemnt of 17 July 2015, in which Legendary reported that VS had entered into a contract with a leading NHS Teaching Hospital Trust, Guy's and St Thomas's Trust in London, to deliver cost saving efficiencies within its supply chain, Legendary is pleased to report VS has appointed, Robert Knott, formerly National Director of NHS Procurement as Director of Healthcare and Public Sector.

Mr Knott has more than 23 years of procurement and supply chain experience. Before his role as National Director of NHS Procurement, where he led NHS supply management strategy, Mr Knott was Procurement Director for one of the UK's largest trusts, Hampshire Hospitals NHS Foundation Trust. Since 2003, he has held a number of senior public sector leadership roles within Healthcare, Policing, Olympics, Work and Pensions and Local Government. He held similar leadership roles in blue chip firms such as Goldman Sachs and Lehman Brothers, and he was Global Head of Procurement at Schroders from 1994-2000, and from 2001-2003 was Group Director of Procurement at EY.

Mr Knott's role will cover both the NHS and private healthcare providers, and has scope to extend beyond the UK. Mr Knott was first attracted to the company when he observed VS's success in managing complex product data for retail companies, and that it had expanded into healthcare and the NHS.

Robert Knott commented: "I'm delighted to join such an innovative and forward-thinking company with a disruptive technology. I am extremely excited to be joining the VS team."

Andrew Mills, CEO of VS, said: "We are very pleased to welcome Rob into our leadership team. His extensive experience of procurement and supply chain transformation, particularly in the public sector, will make Rob an invaluable addition to the company. We look forward to benefiting from his deep insight as we continue to accelerate the growth of the business."

Zafar Karim, Executive Chairman of Legendary, commented:

"Virtualstock's traction continues and accelerates. Its proven and disruptive technology is attracting landmark public and private market clients. Importantly it is attracting world class executives that will be key to driving it forward."

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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 infoirmation, visit http://www.virtualstock.co.uk