6th May 2015 09:14
LONDON (Alliance News) - Braveheart Investment Group PLC Wednesday said Chief Investment Officer Carolyn Smith has stood down from the board and will leave the company at the end of July as part of a restructuring of its head office that has reduced operating costs by about GBP350,000.
The small business financing company has been restructuring its head office function since late last year and has now completed the process. It said Smith's duties will be assumed by other members of the investment team and Chief Executive Geoffrey Thomson will take overall responsibility for the investment function.
Braveheart Investment shares were untraded Wednesday morning. The stock last traded at 10.48 pence.
By Steve McGrath; [email protected]; @stevemcgrath1
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