Director/PDMR Shareholding

RNS Number : 0617Q

Braveheart Investment Group plc

27 August 2014

 



27 Aug 2014

Braveheart Investment Group plc

('Braveheart', the 'Company' or the 'Group')

Directors' Dealings

Braveheart Investment Group plc, the AIM-listed investment management group providing financing to SMEs, servicing the investment requirements of business angels, high net worth individuals, family offices and public sector organisations, is pleased to announce that Trevor Brown, a Director of the Company, agreed to acquire an additional 1,315,439 shares in the Group on 22 August 2014 at a price of 12.5p.  The share purchases announced today and the purchase announced on 20 August, all relate to the purchase of shares from certain vendors of Envestors Ltd, which were originally issued to them pursuant to the purchase of Envestors by the Company in 2010.  The Company sold Envestors in December 2013 and the vendors no longer hold any consideration shares (being shares issued pursuant to the purchase of Envestors) in the Company.      

Following his purchases, Mr Brown's holding is as follows:

	Number of Shares	Price (p)	Total Holding Following Purchases	Percentage of Issued Share Capital
Trevor Brown	1,315,439	12.50	6,858,983	25.35%

Further information:

Braveheart Investment Group plc

Geoffrey Thomson, Chief Executive                                                                             Tel: [phone]

[e-mail]

Sanlam Securities UK Limited (Nominated Advisor and Broker to Braveheart)

Lindsay Mair                                                                                                                      Tel: [phone]

Media Enquiries (Braveheart):

Allerton Communications

Peter Curtain                                                                                                                     Tel: [phone]

[e-mail]

Notes to Editors

Braveheart Investment Group plc

Braveheart provides financing and associated advisory services for small and medium sized enterprises (SMEs) as follows:

For the company looking to raise money, we provide:

·     Equity Capital. This form of financing is typically long term and is usually appropriate for fast growing business or early stage companies. We will consider equity financings where our individual investment, or the investment we arrange, would normally be a maximum or £2m although we are happy to participate in larger financings as part of a syndicate;

·     Debt Finance. Short to medium term and for companies with cash flow to service the loan. Our unit size for this type of finance is up to £1m and we will usually provide junior debt which is unsecured but linked to an equity instrument;

The money we invest comes from a variety of sources (see below) and is sometimes linked to particular geographical locations.

To the investor, we provide a one-stop shop service to those in one of the following groups who are looking for exposure to SME investments:

·     High Net Worth (HNW) individuals looking to build tax efficient Enterprise Investment Scheme (EIS) and Seed EIS portfolios;

·     Family offices and private sector institutions;

·     The Public Sector.

Investors can choose between investment types ranging from self-build portfolios, to a full fund management service.

 

END

 

 

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