Issue of Equity

8 August 2017

Braveheart Investment Group plc

("the Company")

Issue of shares to a director

Braveheart Investment Group plc (AIM: BRH), the fund management and strategic investor group, announces that it has allotted 27,074 new ordinary shares at a price of 15p each ("New Shares") in satisfaction of a bonus due to Viv Hallam of £4,061.10.

Application has been made for the 27,074 New Shares to be admitted to trading on the AIM market ("Admission") and it is expected that Admission will take place on 11 August 2017.

Following Admission, Viv Hallam will hold 602,169 Ordinary Shares, representing 2.22 per cent. of the issued share capital of the Company.

Following admission of the New Shares to trading on AIM, the Company's issued ordinary share capital will consist of 27,082,565 ordinary shares, with one voting right per share. The Company does not hold any shares in treasury. Therefore, the total number of ordinary shares and voting rights in the Company 27,082,565.

The above figure may be used by shareholders in the Company as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Further information:

Braveheart Investment Group plc

Trevor Brown, Chief Executive Tel: +44 1738 587555

Allenby Capital Limited (Nominated Adviser and Broker to Braveheart)

David Worlidge / James Thomas Tel: +44 20 3328 5656