Braveheart Investments Regulatory News (BRH)

19 December 2012

Braveheart Investment Group plc

('Braveheart' or 'the Company')

Allotment of Shares

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 it has issued, conditional on admission, 647,334 ordinary shares of 2 pence each in the capital of the Company ("Ordinary Shares") in satisfaction of contingent consideration calculated by reference to the Group's financial statements for the year ending 31 March 2012 and due on its acquisition of Envestors Limited, as announced on 18 August 2010.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 20 December 2012.

Following the above share issue, the total number of ordinary shares in issue will be 23,261,712. Shareholders may use this number as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

Notifiable shareholdings prior to and following this issue are as follows:

1 Beneficial owner being A Norris

2 Beneficial owner being W Rehman

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 plc

Braveheart provides financing and associated advisory services for small and medium sized enterprises (SMEs) as follows: 

For the company looking to raise money, we provide:

·; Equity capital. This form of financing is typically long term and is usually appropriate for fast growing businesses or early stage companies. We will consider equity financings where our individual investment, or the investment we arrange, would normally be a maximum of £2m although we are happy to participate in larger financings as part of a syndicate;

·; Debt finance. Short to medium term and for companies with cash flow to service the loan. Our unit size for this type of finance is up £1m and we will usually provide junior debt which is unsecured but linked to an equity instrument;

·; Corporate finance advice on all aspects of raising money, strategic development and corporate governance.

The money we invest comes from a variety of sources (see below) and is sometimes linked to particular geographical locations.

To the investor, we provide a one stop shop service to those in one of the following groups who are looking for exposure to SME investments:

·; High net worth (HNW) individuals looking to build tax efficient Enterprise Investment Scheme (EIS) and Seed EIS portfolios;

·; Family offices and private sector institutions;

·; The Public sector.

Investors can choose between investment types ranging from self-build portfolios, to a full fund management service.

We have offices in Perth, London, Yorkshire, Manchester, Belfast, Jersey, the Isle of Man and Dubai. 

www.braveheartinvestmentgroup.co.uk