Ernst and Young Award

RNS Number : 6760W

Braveheart Investment Group plc

13 June 2008

 

13 June 2008

Braveheart Investment Group plc

('Braveheart')

Ernst and Young Award

Braveheart Investment Group plc (AIM: BRH), the technology commercialisation and investment management company, is pleased to announce that at the Ernst and Young Entrepreneur of the Year Awards ceremony (Scotland), held on Thursday 12 June in Glasgow, Geoffrey Thomson, Braveheart's Chief Executive, was given a special award for the support given to Scotland's emerging technology companies over the last decade.

For further information, please contact:

Braveheart Investment Group	Tavistock Communications
Geoffrey Thomson, Chief Executive	Clemmie Carr / Simon Hudson
Tel: [phone]	Tel: [phone]
[e-mail]	[e-mail]
Seymour Pierce Limited (nomad & broker)
Jeremy Garrett-Cox
Tel: [phone]

Notes to Editors

Braveheart

Braveheart Investment Group is a technology commercialisation and investment management company based in Perth, Scotland. Since its formation in 1997 it has made the transition from start-up angel syndicate to fully listed company. Braveheart's shares listed on AIM in March 2007.

Investments are made in young, emerging, unlisted companies where there is potential for significant growth through successful commercialisation of IP and Braveheart enjoys close relationships with several universities to identify emerging technologies. Investments are predominantly technology-focused; however the Group also maintains limited exposure to more traditional businesses.  

Braveheart's diverse portfolio currently comprises over 30 companies and it has completed over 70 deals in its ten year history, including 6 IPOs, 3 trade sales and 8 write-offs and has an exit IRR of 37%.

 

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