Award of options

RNS Number : 4000L

Braveheart Investment Group plc

04 September 2012

 



4 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 3 September ("New Options"):

	Employment Based	Performance Based	Other	Total
Directors:
Geoffrey Thomson	10,346	73,117	0	83,463
Carolyn Smith	7,849	43,870	0	51,719
Aileen Brown	7,849	43,870	0	51,719
Staff	75,974	285,158	0	361,132
Total	102,018	446,015	0	548,033

The exercise price for the New Options is 16.00 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:
Garry Watson	-	-	-	-
Edward Cunningham	-	-	-	-
Ken Brown	-	-	-	-
Jeremy Delmar-Morgan	-	-	-	-
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	762,328	716,930	87,797	1,567,055
Total	1,103,986	1,138,364	270,575	2,512,925

Further information:

Braveheart Investment Group plc

Geoffrey Thomson, Chief Executive

[e-mail]

Tel: [phone]

Merchant Securities Limited (Nominated Adviser and 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

 

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