Update re Reduction of Share Capital

RNS Number : 4875E

Braveheart Investment Group plc

18 October 2018

 

18 October 2018

Braveheart Investment Group plc

("Braveheart" or the "Company")

Update re Reduction of Share Capital

Braveheart Investment Group plc (AIM: BRH), the fund management and strategic investor group, is pleased to announce that, further to the announcement on 19 July 2018, the Court confirmed the Capital Reduction earlier today.  The Capital Reduction remains conditional upon the relevant Interlocutor issued by the Court and form SH19 being registered by the Registrar of Companies, which is expected to take place by 19 October 2018.

Further details of the Capital Reduction are set out in the Company's announcement of 18 June 2018 and the Circular sent to Shareholders on 21 June 2018 (the "Circular"). Defined terms used but not defined in this announcement have the meanings set out in the Circular.

The Company will provide further updates in due course.

For further information: 

Braveheart Investment Group plc Trevor Brown, Chief Executive	Tel: [phone]
Allenby Capital Limited (Nominated Adviser and Joint Broker) David Worlidge / Nicholas Chambers	Tel: [phone]
Peterhouse Corporate Finance Ltd (Joint Broker) Heena Karani / Lucy Williams	Tel: [phone]

 

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