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LocoSoco Group Plc #LOCO – New Partnership Agreements & Board Advisory Appointments

LocoSoco Group Plc, the company that builds technology to profit from creating sustainable communities and is listed on the Direct Market segment of the Vienna MTF, is pleased to provide details of new partnership agreements with Purview and LickList, distributor exclusivity for a new hand sanitiser product, additional sites with Co-Op and James’s Retail and additions to the advisory team.

LocoSoco Group Plc (LOCO) is listed on the Direct Market segment of the Vienna MTF. For quotes and trading data, link here: https://www.wienerborse.at/en/market-data/shares-others/quote-direct/?ISIN=GB00BD5BTL23&ID_NOTATION=246035708

New Partnership Agreements

LocoSoco are pushing ahead with their partnership model to secure distribution opportunities for sanitisation products and services across a wide range of industries.

We are pleased to announce a new partnership with Thermal Imaging Camera Technology Company Purview. With advanced detectors and AI algorithms, Temperature Screening and Facial Recognition, Purview Thermographic Cameras can detect elevated skin-surface temperatures, and can thus be used for rapid and preliminary temperature screening in office buildings, factories, stations, airports and other public places. More info at this link. https://locoso.co/thermal-screening-ai/

LocoSoco and LickList, which supports 6,000 venues in the UK have teamed up to provide back-to-work solutions to the hospitality industry.

We have secured exclusivity across independent retailers to distribute a hand sanitiser product and surface spray that is accredited to kill Covid-19. The product provides a residual 4-hour efficacy, while the surface spray provides a 7-day protective layer against bacteria and viruses.

LocoSoco have secured additional new sites within the Co-Op Southern Estate and the James’s Retail Estate.

New Advisors Joining the Team

Due to the influx of international opportunities and procurement spanning health care products, sustainable products and technologies, LocoSoco are delighted to welcome new members to the advisory board

Charlie Regis of Styliff, an award winning international entrepreneur with experience across UK and North America in delivering new technologies and products across a variety of sectors.

Payments and FX expert Brett Darby brings a wealth of experience in international payments and financial services.

Jeremy Derman is a renowned expert in international trade, specialising in the PPE market for over 20 years.

Tamara Shelley joins as our North American advisor, working to create new business opportunities for LocoSoco in North America.

Alexia Latham joins to provide PR services, and offers a wealth of experience working in the sustainability space and with brands across the retail sector

LocoSoco CEO James Perry commented: “As markets at home and around the globe continue to develop and evolve to meet the unprecedented challenges we face today, LocoSoco remains focussed on building strategic partnerships and alliances that secure supply and allow us to scale up and meet the demand from our communities. The opportunities for growth and further diversification of our offering have never been stronger, and along with the new partnerships announced today, we are delighted to welcome Charlie, Brett, Jeremy, Tamara and Alexia to help us manage the challenges ahead.”

Ends.

Enquiries:

LocoSoco Group PLC
James Perry, Chief Executive Officer
Simon Rendell, Non-Executive Chairman
+44 (0)203 538 0716

Novus Communications Ltd
Alan Green / Jacqueline Briscoe
+44 (0)7976 431608 / +44 (0)207 448 9839

Keswick Global AG – Capital Market Coach
Tim Curle, Klaus Schwerdtfeger
info@keswickglobal.com / +43 (1)740 408045

About LocoSoco Group Plc

LocoSoco builds technology to profit from creating sustainable communities. We work with community partners to turn community assets into eco-enterprises enabling them to generate additional revenues whilst going green.

Community partners have the opportunity to engage with their local community on sustainability, whilst also earning additional revenue for themselves, their businesses and causes.

LocoSoco Group Plc listed on the Austrian Wiener Borse Direkt Market in February 2019.

LocoSoco Group #LOCO – Heart of England Co-operative Society Distribution Arrangement

LocoSoco Group Plc, the Wiener Borse DM traded company that builds technology and products to profit from creating sustainable communities, is pleased to announce a new distribution arrangement with the Heart of England Co-operative Society.

Following on from our strong March trading performance announced on April 3rd 2020, LocoSoco have signed a distribution arrangement with the Co-Op to install 35 outlets with eco-refill stations.

Heart of England Co-operative Society Ambient Category Manager Philip Moore commented: “This product is very much in demand by our local communities – its popularity has been demonstrated by a fantastic first week of sales in our stores. We look forward to working with the company to develop our sustainable solutions even further for the benefit of our members and customers.”

LocoSoco CEO James Perry commented: “At present, it seems that as fast as we can supply our existing network, new distribution channel opportunities continue to materialise. We are delighted to secure this new distribution arrangement with the Heart of England Co-operative Society and look forward to working with them on further sustainability initiatives.

Following on from our March update, our network continues to grow, and I would like to once again acknowledge our dedicated team and distribution network who have worked night and day to make this happen.

Don’t forget to check in to the LocoSoco website (www.locoso.co) for the latest news and developments. I look forward to providing further updates.”

LocoSoco Group Plc (LOCO) is listed on the Austrian Wiener Borse DM stock exchange. For quotes and trading data, link here 

Ends.

Enquiries:

LocoSoco Group PLC

James Perry, Chief Executive Officer

Simon Rendell, Non-Executive Chairman

+44 (0)203 538 0716

 

Novus Communications Ltd

Alan Green / Jacqueline Briscoe

+44 (0)7976 431608 / +44 (0)207 448 9839

 

Keswick Global AG – Capital Market Coach

Tim Curle, Klaus Schwerdtfeger

info@keswickglobal.com / +43 (1)740 408045

 

About LocoSoco Group Plc

LocoSoco builds technology to profit from creating sustainable communities. We work with community partners to turn community assets into eco-enterprises enabling them to generate additional revenues whilst going green.

Community partners have the opportunity to engage with their local community on sustainability, whilst also earning additional revenue for themselves, their businesses and causes.

LocoSoco Group Plc listed on the Austrian Wiener Borse Direkt Market in February 2019.

Alan Green talks Braveheart #BRH, Tiziana Life Sciences #TILS, Cadence Minerals #KDNC & ECR Minerals #ECR on Vox Markets podcast

Alan Green discusses Braveheart Investments #BRH, Tiziana Life Sciences #TILS, Cadence Minerals #KDNC & ECR Minerals #ECR with Justin Waite on Vox Markets podcast.  Interview is 39 minutes in.

Resilience, innovation and compassion – the independent retail response to Covid-19 – BetterRetailing.com

Resilience, innovation and compassion – the independent retail response to Covid-19

By Nick Brown, Head of Sustainability at Coca-Cola European Partners

Whilst we’re all living through unprecedented times, it has been warming to read about some of the positives that have started appearing in the national news over the past couple of weeks, pulling out the human stories that give us hope.

The simple fact is that crises can bring out the best in people – and this is particularly true within the independent retail community.

I’ve been inspired and humbled by how resourceful, compassionate and resilient independent retailers have been during the coronavirus outbreak – but that’s not to say for one moment that I’ve been surprised.

Independent retailers have always played an invaluable role as community hubs – now, even more so than ever before.

With this in mind, we wanted to give the independent retail community a good news roundup of its own, as a reminder that even though times are hard, there’s so much good work to be proud of.

Supporting those in need

Dan Brown, of Pinkie Farm in Musselburgh has put together ‘essentials kits’ for vulnerable customers, complete with milk, eggs, bacon, fruit and veg, confectionery and more. Staff are delivering them for free.

Working with suppliers in new ways

Harjit Singh of Nisa Local in High Heath is among 200 retailers to partner with hand sanitiser distributor LocoSoco, to make much-needed hygiene products accessible and affordable in the community. LocoSoco has distributed close to 20 tonnes of hand sanitiser to UK retailers since the outbreak began.

Harjit’s store has also donated £10,000 to its neighbouring ‘High Heath Hub’ community platform, which is available to fund PPE for local NHS services – and he is introducing his PPE suppliers to NHS organisations, giving them access to vital safety equipment at cost price.

Innovating to ‘socially distance’

Stephen Jempson of Jempsons in Peasmarsh has developed and implemented a successful home delivery system across a 20-mile radius. He also has a click and collect operation to help maintain social distancing in-store.

Link here for full article

Alan Green talks Gold, ECR Minerals #ECR, Tertiary Minerals #TYM, LocoSoco Group #LOCO & Mirriad #MIRI on Vox Markets podcast

Alan Green discusses Gold, ECR Minerals #ECR, Tertiary Minerals #TYM, LocoSoco Group #LOCO & Mirriad #MIRI with Justin Waite on the Vox Markets podcast. Interview is 29 minutes in.

LocoSoco Group #LOCO – Trading Update and Warehouse Facility

LocoSoco Group Plc, the Wiener Borse DM traded company that builds technology to profit from creating sustainable communities, is pleased to provide a trading update.

 

Highlights:

  • GBP150,000 revenue in March 2020 from sales of hand sanitiser and refill stations.
  • LocoSoco has temporarily secured a warehouse in Essex, sited adjacent to the M25. The warehouse premises has a 4,000 square metre capacity, and has already been adapted by LocoSoco as a click and collect distribution pointfor retailers and regional distributors. Subject to negotiation, it is the company’s intention to secure this warehouse, or a similar premises a permanent distribution / collection hub for LocoSoco.
  • With 250 outlets across the UK, LocoSoco continue to develop relationships and expand existing networks with a range of leading local brands.
  • LocoSoco shares for shelfspace offering is rapidly gaining in popularity, i.e. shelfspace in exchange for with equity in stores across the country (10cm here, 10cm over there, a hook to display here, a screen to promote there etc). We anticipate up to 10km of shelfspace will be sold this year.
  • Accelerated rollout of local community ‘enablers’, i.e. MyEco.Site, Eco Refill stations and MyDistro.Co

The surge in activity and volume has created an urgent need for a new distribution hub and warehouse. As such we have temporarily secured a warehouse in Essex, sited adjacent to the M25. The warehouse premises has a 4,000 square metre capacity, and has already been adapted by LocoSoco as a click and collect distribution point for retailers and regional distributors. We also intend to offer storage for supplies for/ from businesses that are unable to trade through the COVID-19 pandemic. Subject to negotiation, it is the company’s intention to secure this warehouse, or a similar premises a permanent distribution / collection hub for LocoSoco.

The LocoSoco shares for shelfspace concept has also become very popular with our retailer network. Quite simply, we gain shelfspace in exchange for LocoSoco equity in stores across the country (10cm here, 10cm over there, a hook to display here, a screen to promote there etc). We anticipate up to 10km of shelfspace will be sold this year, and this in turn creates a unique opportunity to bring challenger brands to market.

LocoSoco CEO James Perry commented: This unprecedented surge in activity and volume has resulted in our team working around the clock to distribute supplies to 250+ outlets across the UK. Our sales have grown rapidly as a result of this, with GBP150,000 of sales in March alone. I would like to put on record my heartfelt thanks to our people who have worked night and day to make this happen.

We have worked to ensure our team comply with safe working practice, including social distancing and self isolation. Thankfully, no LocoSoco employees have tested positive for the COVID-19 virus.

I look forward to updating you on further progress in the coming weeks and months. Don’t forget to check in to the LocoSoco website (www.locoso.co) for the latest news and developments.

Please stay safe in the current pandemic crisis!”

 

Ends.

Enquiries:

LocoSoco Group PLC

James Perry, Chief Executive Officer

Simon Rendell, Non-Executive Chairman

+44 (0)203 538 0716

 

Novus Communications Ltd

Alan Green / Jacqueline Briscoe

+44 (0)7976 431608 / +44 (0)207 448 9839

 

Keswick Global AG – Capital Market Coach

Tim Curle, Klaus Schwerdtfeger

info@keswickglobal.com / +43 (1)740 408045

 

About LocoSoco Group Plc

LocoSoco builds technology to profit from creating sustainable communities. We work with community partners to turn community assets into eco-enterprises enabling them to generate additional revenues whilst going green.

Community partners have the opportunity to engage with their local community on sustainability, whilst also earning additional revenue for themselves, their businesses and causes.

LocoSoco Group Plc listed on the Austrian Wiener Borse Direkt Market in February 2019.

LocoSoco Group Plc (LOCO) – Sustainability Audit and Board Appointments

LocoSoco Group Plc, the Wiener Borse DM traded company that builds technology to profit from creating sustainable communities, is pleased to announce the launch of a Sustainability Audit and two Board Appointments.

Sustainability Audit:

LocoSoco are pleased to launch a Sustainability Audit for businesses. Trained auditors will attend a business premises and perform an audit on the business and it’s processes to discover where changes can be made to improve environmental impact and achieve a zero carbon rating. The audited company will then be furnished with a list of suggestions on how best to make those changes in areas including.

  • Energy usage and wastage
  • Waste disposal and handling
  • Supply of materials and sundries
  • Cleaning & maintenance.

Where appropriate, our auditors will recommend LocoSoco’s MyEco.site, MyDistro.co and MyRefillShop as part of any change solution to achieve a zero carbon rating.

To get your business audited, contact sustainability.audit@locoso.co

Board Appointments:

Former Google Strategic Marketing Director Sarah Speake and marketing expert Anna Palmgren-Houel have today joined the LocoSoco advisory board as Non-Executive Directors to help guide LocoSoco in driving sustainability across a range of business sectors.

Sarah Speake commented:  “As an Advisory Board member for WWF and a parent, I very much have a vested interest in driving the sustainability agenda. LocoSoco epitomise a vision for sustainability that I whole-heartedly believe in and endorse. I am confident that LocoSoco have the people and the ability to drive a genuine change in attitude across the commercial landscape ”

Anna Palmgren-Houel commented:  “The serious climate challenges we are all facing demand novel thinking. James and the Locosoco team are providing a commercial framework to empower local communities, while bringing sustainable products and services to their doorsteps. I am thrilled to be part of the journey”

CEO James Perry commented: “Sarah and Anna are both highly regarded as evangelists for sustainable living, and bring a huge depth of experience and contacts to our board. Added to this, they both share our vision to drive the ongoing move toward sustainable living into communities across the UK and beyond.

As we launch our Sustainability Audit, I am confident that both Sarah and Anna will play key roles in driving this forward. I am delighted to welcome them both to the LocoSoco board.”  

Sarah Speake – Experience and Background:

Founder of Speake up Consulting, Sarah specialises in Aligning Board, Business & Brand. She is a goal-oriented, commercially driven former Board level CMO and senior Sales Director with 25′ years experience, specialising in business transformation & delivery. Sarah spent 7 years at Google, as Sales Director for Technology, and latterly as Strategic Marketing Director. Aside from holding these senior roles at Google, she is also known as an inspirational motivator, leader, mentor and coach, and has an excellent track record for implementing positive business change. Sarah is a proud member of WACL (Women in Advertising & Communications London), a passionate believer in Diversity driving better business and winner of a global TIAW (The International Alliance for Women) award for economic empowerment of women. Sarah is also a Marketing Academy mentor, a Cherie Blair Foundation mentor and holds a Professional Accreditation in Coaching at Henley Business School

Anna Palmgren-Houel – Experience and Background:

Anna is an international marketing and business leader, with 20+ years’ experience across 30+ countries. She is passionate about building brands, developing people, exploring digital boundaries, leading transformation and driving sustainability. She has a wide skill set across the full marketing mix in B2C, D2C and B2B, with experience in both operational country level and global central roles for multinationals, SMEs (incl. Private Equity backed) and start-ups. Companies & Brands include Britvic, E&J Gallo, Tommee Tippee, Miele, Moet Hennessy and Ericsson. Anna’s extensive experience, broad skills, energy, inclusive leadership style and can-do-attitude has enabled her to deliver results across a broad range of contexts and cultures.

 

Ends.

Enquiries:

LocoSoco Group PLC

James Perry, Chief Executive Officer

Simon Rendell, Non-Executive Chairman

+44 (0)203 538 0716

 

Novus Communications Ltd

Alan Green / Jacqueline Briscoe

+44 (0)7976 431608 / +44 (0)207 448 9839

 

Keswick Global AG – Capital Market Coach

Tim Curle, Klaus Schwerdtfeger

info@keswickglobal.com / +43 (1)740 408045

 

About LocoSoco Group Plc

LocoSoco builds technology to profit from creating sustainable communities. We work with community partners to turn community assets into eco-enterprises enabling them to generate additional revenues whilst going green.

Community partners have the opportunity to engage with their local community on sustainability, whilst also earning additional revenue for themselves, their businesses and causes.

LocoSoco Group Plc listed on the Austrian Wiener Borse Direkt Market in February 2019.

LocoSoco Group Plc #LOCO – Issue of Shares

LocoSoco Group Plc, the Wiener Borse traded company that builds technology to profit from creating sustainable communities, announces the issue of 30,000 new ordinary shares at £1 per share to Novus Communications Ltd in part settlement of an agreement to provide investor relations services.

The Company also issues 1,000,000 new ordinary shares at 25p per share to William John (HV) plc as a result of their exercise of warrants.

Following the issue of shares, the Company announces that in accordance with Financial Conduct Authority’s Disclosure and Transparency Rules (“DTRs”), the total issued share capital of the Company with voting rights is 13,863,733 ordinary shares.

Ends.

Enquiries:

LocoSoco Group PLC
James Perry, Chief Executive Officer
Simon Rendell, Non-Executive Chairman
+44 (0)203 538 0716

Novus Communications Ltd
Alan Green / Jacqueline Briscoe
+44 (0)7976 431608 / +44 (0)207 448 9839

Keswick Global AG – Capital Market Coach
Tim Curle, Klaus Schwerdtfeger
info@keswickglobal.com / +43 (1)740 408045

About LocoSoco Group Plc

LocoSoco builds technology to profit from creating sustainable communities. We work with community partners to turn community assets into eco-enterprises enabling them to generate additional revenues whilst going green.

Community partners have the opportunity to engage with their local community on sustainability, whilst also earning additional revenue for themselves, their businesses and causes.

LocoSoco Group Plc listed on the Austrian Wiener Borse Direkt Market in February 2019.

LocoSoco Group Plc #LOCO – Full year results, trading update and MyEco.site launch

LocoSoco Group Plc, the Wiener Borse traded company that builds technology to profit from creating sustainable communities is pleased to provide a comprehensive trading update and FY results for the year ending May 31st 2019.

Financial Highlights:

The loss after tax was £240,550 to 31 May 2019 2019, (31 May 2018: £32,279), giving a loss per share of 2.06 pence (31 May 2018: 0.31 pence).

During the year the Group raised £305,757 through share issues (2018: £179,978). Total assets increased from £222,382 in 2018 to £304,995 in 2019, and total equity increased from £196,814 in 2018 to £262,021 in 2019.

There is no tax charge for the year.

Operational and Post Results Period Highlights:

– Over 20 brand partnerships for sustainable products and services now in place, including prestigious brands such as Delphis Eco, Bio-D, Rude Health, Twipes, London Houseguards Gin, Torti Wine, Eco-Living now signed up as sustainable product and service partners, with over 10 new partnerships with store owners of symbol groups including Nisa, Costcutter, One Stop, Premier, Budgens, Simply fresh and Spar signed up in Q4 2019 alone.

– Over 50 shops signed up, with 20 in November 2019 alone.

– Over 25 refill stations now signed up, with over 10 in October 2019 alone.

– Over 40 My Eco-Sites, our ‘instant e-commerce solution’ web store and affiliate page for community assets launched in December 2019. MyEco.Site brings over a dozen partner brands with over 300 sustainable products as part of a roll out of services to enable community owned enterprise at scale.

LocoSoco CEO James Perry said: “While our statutory results to May 31st 2019 reflect a period of foundation-building for a technology start up company, I am delighted that the long anticipated roll-out of brand partnerships, shops and refill stations has absolutely hit the ground running, with our operational size effectively doubling during Q4 2019.

We are in the midst of a sustainable revolution both for the environment and the economy. At a rough estimate, 50% of household spend could transition into sustainable alternatives. That’s a whopping £400 billion market annually in the UK alone. A typical village with a church and local shop will generate some £1.5m in transactions, equating to around £37k per head in the village. LocoSoco can provide that community with the tools to move that spend into to sustainable alternatives.

We are also proud and excited to be launching MyEco Sites this month, providing our partner brands with a channel to address specific needs within communities. With My Eco Sites, we have provided our sales team with a complete range of tools to roll out to local communities across the UK.  I look forward to providing a further trading update early in 2020.”

Ends.

 

Enquiries:

LocoSoco Group PLC

James Perry, Chief Executive Officer

Simon Rendell, Non-Executive Chairman

+44 (0)203 538 0716

 

Via Brand Communications and Novus Communications Ltd

Alan Green / Jacqueline Briscoe

+44 (0)7976 431608

+44 (0)207 448 9839

 

Capital Market Coach

Keswick Global AG

Tim Curle, Klaus Schwerdtfeger

info@keswickglobal.com

+43 (1)740 408045

Alan Green talks to James Perry, CEO LocoSoco Group Plc

Alan Green has a quick chat with James Perry, CEO of LocoSoco Group Plc. James explains how LocoSoco’s re-filling retail approach is ideally positioned to take advantage of the ‘return to local’ as buyers shun supermarkets and multi nationals in favour of sustainable, eco-friendly and independent products and services. He also explains how LocoSoco are helping to build assets in communities through their everyday purchases and introduce technology to enable this at scale. Added to this, individuals and local businesses have the opportunity to grow their revenues and increase their asset ownership through LocoSoco Group Plc and Community owned enterprises. James also discusses the Wiener Borse listing, and how to buy shares in the company. More here: https://locoso.co

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