Investing Policy

RNS Number : 1728D

Braveheart Investment Group plc

27 November 2009

 

27 November 2009

Braveheart Investment Group plc

("Braveheart" or the "Group")

INVESTING POLICY

This announcement is made in compliance with the AIM Note for Investing Companies issued in June 2009.

The Group's Investing Policy is as follows:

Braveheart invests primarily 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, we have access to a wide variety of emerging commercial opportunities at early stages. The Group's business is based on the following principles:

Growth: providing equity capital to enable companies to achieve their ambitions

Support: offering experienced business people to assist with corporate development

Service: building diversified portfolios for investors and showing market leading returns

Partnership: working with the academic and business communities to deliver economic benefit

At its present level of capitalisation, the Group is unlikely to commit in excess of £500,000 to any single portfolio company. For early stage opportunities, initial commitments may be less than £100,000. These numbers relate only to investment from the Group and do not include sums from clients or co-investors. Braveheart itself has no material borrowings and no gearing policy, however portfolio companies may themselves have borrowings with either Braveheart or banks and these borrowings may be secured against assets. 

Braveheart, through its FSA-regulated investment management subsidiary Braveheart Ventures Ltd which acts on behalf of Braveheart and Braveheart Ventures' other clients, is an active investor. Through the appointment of board directors and observers, Braveheart Ventures monitors portfolio companies, and provides guidance and support on matters relating to company development and exit strategies. 

The Group will not invest in film production or hotels.

While the holding period for investments will vary depending on the type of investment, the particular circumstances of the portfolio company and the intended exit route generally, other than seed investments where exit timing can be indeterminate, no investment is made where the expected term is of more than five (5) years.

For further information please visit www.braveheartinvestmentgroup.co.uk or contact:

Braveheart Investment Group	Tavistock Communications (for Braveheart)
Geoffrey Thomson, Chief Executive	James Midmer / Simon Hudson
Tel: [phone]	Tel: [phone]
[e-mail]	[e-mail]
Seymour Pierce Limited
Richard Feigen/Catherine Leftley
020 7107 8000

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. Twelve 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 our close relationships with a number of leading universities and innovation centres we have access to a wide variety of emerging commercial opportunities at early stages.  The Group currently has 29 companies in its equity portfolio.

 

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