Award of options

RNS Number : 1507N
Braveheart Investment Group plc
26 September 2012
 



26 September 2012

 

Braveheart Investment Group plc

('Braveheart' or 'the Group')

Award of Options

 

Braveheart Investment Group plc (BRH), the AIM-listed investment management group specialising in venture capital investments and investment services to business angels, high net worth individuals, family offices and public sector organisations, announces that the directors and staff named below have been awarded the following new options over the Group's Ordinary Shares with a grant date of 25 September ("New Options"):

 


Employment Based

Performance Based

Other

Total

Staff

13,201

40,214

-

53,415






Total

13,201

40,214

-

53,415

 

The exercise price for the New Options is 15.75 pence. The employment based options will become exercisable on the third anniversary of grant, the performance based options will become exercisable on the first anniversary following achievement of the performance conditions.

 

The resulting aggregate options held are as below:

 


Employment Based

Performance Based

Other

Total

Directors:





Geoffrey Thomson

177,106

212,540

105,000

494,646

Carolyn Smith

130,752

127,524

77,778

336,054

Aileen Brown

33,800

81,370

-

115,170






Staff

775,529

757,144

87,797

1,620,470






Total

1,117,187

1,178,578

270,575

2,566,340

 

 

Further information:

Braveheart Investment Group plc

Geoffrey Thomson, Chief Executive

gthomson@braveheart-ventures.co.uk

Tel: 01738 587 555

 

Merchant Securities Limited (Nominated Adviser and Broker)

Lindsay Mair

Catherine Miles

Tel: 020 7628 2200

 

Media enquiries:

Allerton Communications

Peter Curtain

peter.curtain@allertoncomms.co.uk

Tel: 020 3137 2500

Notes to Editors

Braveheart Investment Group makes and manages investments in young, emerging British companies, specialising in building portfolios for business angels, high net worth individuals, family offices and public sector organisations. Braveheart was founded in 1997 by a small group of investors to encourage and syndicate investments in privately held companies that offered opportunities for significant growth. Fifteen years on, Braveheart is a public company with a demonstrable track record in SME investing, an established client base and various funds under management.  The Group has offices in Perth, London, Yorkshire and Jersey, and franchises in Dubai and Manchester.

 

For more information: www.braveheartinvestmentgroup.co.uk

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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