Braveheart Inv Regulatory News (BRH)

2 February 2012

Braveheart Investment Group plc

Directorate Change

Braveheart Investment Group (AIM: BRH) ('Braveheart' or the 'Group'), the AIM-listed specialist in growth capital investments for business angels, high net worth individuals and family offices,  announces that Aileen Brown has been appointed as a Director to the Board with effect from 31 January 2012.

As per the announcement made on 29 December 2011, Ms Brown was appointed as Chief Financial Officer of the Group with effect from 9 January 2012.  She will also act as a director of certain group companies and as Company Secretary to the Group.

Aileen Brown (45), née Aileen Smith, qualified as a chartered accountant in 1991 and joins the Board with strong experience as a chief financial officer across a range of sectors having previously worked at Ernst & Young (risk); Thus plc (telecommunications); Lothian University Hospitals NHS Trust (healthcare); Stoddard International (manufacturing); Blas Ltd (corporate finance); The Interactive University (education) and Hudson Global Resources (recruitment). She also has a certificate in Corporate Finance.

Geoffrey Thomson, Chief Executive of Braveheart, said: "I am delighted that Aileen has been appointed to the Board. Her experience will be a great asset to the Group."

Additional Disclosures

In the previous five years Aileen Brown has been a director of the following companies and remains a director:

Maryville Associates Ltd              

In the previous five years Aileen Brown has been a director of the following companies, but is no longer a director:

Stoddard International plc appointed a receiver in March 2005. Aileen Brown was a director of Stoddard International plc at the time of such event and ceased all involvement with the company in March 2005. Compulsory liquidation proceedings, which remain active, commenced in November 2006 at which time Mrs Brown was still noted as a director.  

BMK Limited, a subsidiary of Stoddard International plc, appointed a receiver in March 2005. Aileen Brown was as a director of BMK Limited within the 12 months preceding such event. The receivers ceased to act in March 2008 and the Company was dissolved in June of that year.

Save for the information disclosed above, there are no further matters which are required to be disclosed with regard to this appointment under Schedule 2(g) of the AIM Rules.

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

Notes to Editors

Braveheart Investment Group makes and manages investments in young, emerging British companies, specialising in building tax efficient portfolios for business angels, high net worth individuals and family offices. 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. Fourteen years on, Braveheart is a public company with a demonstrable track record in technology investing, an established client base and various funds under management.  The Group has offices in Perth, London, Yorkshire and Jersey with franchise operations in Dubai and Manchester.

Investments are made in unlisted companies where there is potential for significant growth through successful commercialisation of IP. Through close relationships with leading universities and innovation centres, Braveheart has access to a wide variety of emerging commercial opportunities at early stages. There are currently some 45 companies in Braveheart's diverse portfolio (includes all companies where the Group has a financial interest) and it has completed more than 90 deals.

Following the 2010 acquisition of Envestors Limited, the London based specialist corporate finance advisory business, Braveheart offers a unique and comprehensive suite of tax efficient products to high net worth investors.