Grant of Options

RNS Number : 2093E

Braveheart Investment Group plc

28 May 2012

 



28 May 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:

	Employment Based	Performance Based	Other	Total
Directors:
Geoffrey Thomson	74,852	62,500	0	137,352
Carolyn Smith	54,823	37,500	0	92,323
Aileen Brown	25,951	37,500	0	63,451
Staff	236,814	175,000	0	411,814
Total	392,440	312,500	0	704,940

The exercise price for the new options is 12.00p. The employment options will become exercisable on the third anniversary of grant, the performance options will become exercisable on the first anniversary following achievement of the performance condition.

The resulting aggregate options held are as below:

	Employment Based	Performance Based	Other	Total
Directors:
Garry Watson	-	-	-	-
Edward Cunningham	-	-	-	-
Ken Brown	-	-	-	-
Jeremy Delmar-Morgan	-	-	-	-
Geoffrey Thomson	166,760	139,423	105,000	411,183
Carolyn Smith	122,903	83,654	77,778	284,335
Aileen Brown	25,951	37,500	-	63,451
Staff	715,256	431,772	87,797	1,234,825
Total	1,030,870	692,349	270,575	1,993,794

Further information:

Braveheart Investment Group plc

Geoffrey Thomson, Chief Executive

[e-mail]

Tel: [phone]

Seymour Pierce Limited (Nominated Adviser and Broker)

Freddy Crossley (Nominated Adviser)

Paul Jewell, David Banks (Corporate Broking)       Tel: [phone]

Merchant Securities Limited (Joint Broker)

Lindsay Mair

Catherine Miles Tel: [phone]

Media enquiries:

Allerton Communications

Peter Curtain

[e-mail]

Tel: [phone]

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

 

END

 

 

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