Braveheart Inv Regulatory News (BRH)

Braveheart Investment Group plc

Realisation of Investment

Braveheart Investment Group plc (AIM: BRH), the financial services company that facilitates SME growth through investment by public and private sector sources, today announces that it has realised its investment in one of its portfolio companies, Cascade Technologies Holdings Ltd ('Cascade'), as a result of the acquisition of that company by Emerson, a listed US engineering company, for an undisclosed cash consideration.

Braveheart acquired its minority shareholding in Cascade, a Stirling based manufacturer of gas analysers and monitoring systems using quantum cascade laser (QCL) technology, in 2006 and in 2008, investing an aggregate of £149,969. Braveheart will receive a net cash consideration of £389,655 for its shareholding.

Around 40 of Braveheart's private clients also realised their shareholding in Cascade and most should benefit from the tax reliefs provided by the Enterprise Investment Scheme (EIS).

Geoffrey Thomson, Chief Executive of Braveheart, commented: "We noted in our interim results announced on 15 December, that good progress was being made on the exit potential of the portfolio and we are pleased to announce this value-enhancing transaction."

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

Braveheart Investment Group plc

Sanlam Securities UK Limited (Nominated Advisor and Broker to Braveheart)

Media Enquiries:

Allerton Communications

Notes to Editors:

Braveheart Investment Group provides a range of products and services to investors seeking exposure to SME investments. Our clients include high-net-worth individuals looking to build tax-efficient Enterprise Investment Scheme (EIS) and Seed EIS portfolios, public-sector organisations, family offices and other institutions. Products available range from self-build portfolios to a full fund management service.

Funds managed by Braveheart and its subsidiaries/associate companies include: the Crowdcube Venture Fund, the Finance Yorkshire Equity Fund, the NI Growth Loan Fund, the Lachesis Fund, the Strathclyde Innovation Fund, the Viking Growth Fund and the Viking Loan Fund. Our operating companies are Strathtay Ventures, Viking Fund Managers and, partnering with NEL Fund Managers and Clarendon Fund Managers, WhiteRock Capital Partners LLP.