Director/PDMR Shareholding

RNS Number : 1317P

Braveheart Investment Group plc

14 October 2021

 

14 October 2021

Braveheart Investment Group plc

("Braveheart" or "the Company")

Grant of Share Options

Notification of transactions by directors

At the Annual General Meeting held on 8 September 2020, shareholders approved the creation of a share option scheme in order to provide a long term incentive plan for Directors, employees and consultants of the Group, including those Strategic Investments where Braveheart owns 50% or more of the issued share capital ("the Share Option Plan"). 

Braveheart announces that, pursuant to the Share Option Plan, Trevor Brown and Vivian Hallam, both executive directors of Braveheart and persons discharging managerial responsibilities ("PDMR") of the Company have been granted options over 1,500,000 and 2,000,000 Ordinary Shares of 2 pence each in the Group ("Ordinary Shares"), respectively, at an exercise price of 31.5p per share, being the closing mid-market price on 13 October 2021.  The options vest on 14 October 2022 and are exercisable up to 14 October 2031.  The options are also subject to performance criteria under which the options can only be exercised if the average share price over a 30 consecutive calendar day period has been 20 per cent. higher than the option exercise price.

Details of the transactions can be found in the Notification of Dealing Forms below.

1 Details of the person discharging managerial responsibilities / person closely associated a) Name Trevor Brown 2 Reason for the notification a) Position/status Director b) Initial notification /Amendment Initial Notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Braveheart Investment Group plc b) LEI 2138006HQ3COMU626I61 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Identification code Ordinary shares of 2 pence each in Braveheart Investment Group plc GB00B13XV322 b) Nature of the transactions Grant of options over ordinary shares c) Price(s) and volume(s) Price(s) Exercise price of 31.5 p per share Volume(s) 1, 5 00,000 d) Aggregated information - Aggregated volume - Price - Principal amount N/A e) Dates of the transaction 14 October 2021 f) Place of transaction Outside a trading venue 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Vivian Hallam 2 Reason for the notification a) Position/status Director b) Initial notification /Amendment Initial Notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Braveheart Investment Group plc b) LEI 2138006HQ3COMU626I61 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Identification code Ordinary shares of 2 pence each in Braveheart Investment Group plc GB00B13XV322 b) Nature of the transactions Grant of options over ordinary shares c) Price(s) and volume(s) Price(s) Exercise price of 31.5 p per share Volume(s) 2,0 00,000 d) Aggregated information - Aggregated volume - Price - Principal amount N/A e) Date of the transaction 14 October 2021 f) Place of transaction Outside a trading venue

For further information:

Braveheart Investment Group plc Tel: [phone] Trevor Brown, Chief Executive Officer Allenby Capital Limited (Nominated Adviser and Joint Broker) Tel: [phone] David Worlidge / James Reeve / George Payne Peterhouse Capital Limited (Joint Broker) Tel: [phone] Heena Karani / Lucy Williams

 

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