Crowd for Angels (UK) Ltd Update
Legendary is pleased to report that since its investment in Crowd for Angels (UK) Ltd (“CfA”), CfA has made significant progress in its business.
Zafar Karim, Executive Chairman of Legendary Investments PLC, commented:
“We are pleased at the progress Crowd for Angels has made in the six months since Legendary’s investment. Its innovative nature, attested to by its track record, is helping grow and drive its business forward.
“As the investment was made in December 2017, after the date of Legendary’s interim results, the interim balance sheet does not include this investment, valued at the time of the investment, using the historic cost or latest transaction value at £360,000. With the successful ICO, three-fold growth in website visitor figures and a rise in ranking from number 5 to number 3, there has been significant progress. We look forward to further news from Crowd for Angels.”
About Legendary Investments PLC
Legendary Investments PLC focuses on assisting companies and making investments in which exhibit the potential to generate returns of many multiples through capital appreciation. Typically, Legendary takes stakes 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.
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