Further re notice of results

RNS Number : 3036X

Braveheart Investment Group plc

23 June 2008

 



For immediate release: 23 June 2008

Braveheart Investment Group plc

('Braveheart')

Delay in announcement of Preliminary Results

Braveheart (AIM: BRH), the technology commercialisation and investment management company, announces that due to the late finalisation of a commercialisation agreement with the University of Aberdeen and a new investment in IM-Sense, both announced today, that it will now be publishing its preliminary results for the year ended 31 March 2008 on Wednesday 25 June 2008. 

For further information please visit www.braveheart-ventures.co.uk or contact:

Braveheart Investment Group	Tavistock Communications (for Braveheart)
Geoffrey Thomson, Chief Executive	Clemmie Carr / James Midmer
Tel: [phone]	Tel: [phone]
[e-mail]	[e-mail]
Jeremy Garrett-Cox
Seymour Pierce
Tel:[phone]
[e-mail]

Notes to Editors

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%.

At the 2008 Ernst & Young Entrepreneur of The Year Awards (Scotland) Braveheart CEO Geoffrey Thomson was given a special award recognising his contribution and support of emerging technology businesses in Scotland over the past decade.  

 

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