Last checked at 4 Sep 2012 07:00
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
gthomson@braveheart-ventures.co.uk
Tel: 01738 587 555
Merchant Securities Limited (Nominated Adviser and Broker)
Lindsay Mair
Catherine Miles
Tel: 020 7628 2200
Media enquiries:
Allerton Communications
Peter Curtain
peter.curtain@allertoncomms.co.uk
Tel: 020 3137 2500
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