16 September 2010
Braveheart Investment Group plc
("Braveheart" or the "Group")
RESULT OF AGM
Braveheart (AIM: BRH), the technology commercialisation and investment management company, announces that at its Annual General Meeting held earlier today all resolutions were duly passed.
For further information please visit www.braveheartinvestmentgroup.co.uk or contact:
Braveheart Investment Group |
Tavistock Communications (for Braveheart) |
Geoffrey Thomson, Chief Executive |
Simon Hudson / James Midmer |
Tel: 01738 587555 |
Tel: 020 7920 3150 |
gthomson@braveheart-ventures.co.uk |
shudson@tavistock.co.uk |
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Seymour Pierce Limited |
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John Cowie / Freddy Crossley (Nominated adviser) |
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Jeremy Stephenson (Broker) |
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Tel: 020 7107 8000 |
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Notes to Editors
Braveheart Investment Group is a technology commercialisation and investment management company based in Perth, Scotland. It was founded in 1997 by a small group of investors in order to encourage and syndicate investments in privately held companies that offered opportunities for significant growth. Thirteen years on, Braveheart is a public company with offices in Perth, London and Yorkshire, and a demonstrable track record in early stage technology investing, as well as an established client base of high net worth individuals. Service offerings include bespoke EIS portfolios, fund management, investment facilitation and management services.
Investments are made in young, emerging, unlisted companies where there is potential for significant growth through successful commercialisation of IP. Through close relationships with a number of leading universities and innovation centres Braveheart has access to a wide variety of emerging commercial opportunities at early stages. The Group had 27 companies in its equity portfolio as at the last year end (31 March 2010).
On 18 August 2010 Braveheart announced its proposed acquisition of the business and assets of Envestors LLP. Established in 2004, Envestors is a specialist corporate finance advisory business that matches high growth companies with private investors. The acquisition is subject to the approval of the Financial Services Authority and the satisfaction of a number of completion formalities.