23rd Jun 2008 13:58
For immediate release: 23 June 2008
Braveheart Investment Group plc
("Braveheart")
Delay in announcement of Preliminary Results
Braveheart (AIM: BRH), the technology commercialisation and investment management company, announces that due to the late finalisation of a commercialisation agreement with the University of Aberdeen and a new investment in IM-Sense, both announced today, that it will now be publishing its preliminary results for the year ended 31 March 2008 on Wednesday 25 June 2008.
For further information please visit www.braveheart-ventures.co.uk or contact:
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Braveheart Investment Group |
Tavistock Communications (for Braveheart) |
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Geoffrey Thomson, Chief Executive |
Clemmie Carr / James Midmer |
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Tel: 01738 587555 |
Tel: 020 7920 3150 |
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Jeremy Garrett-Cox |
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Seymour Pierce |
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Tel:020 7107 8000 |
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Notes to Editors
Braveheart Investment Group is a technology commercialisation and investment management company based in Perth, Scotland. Since its formation in 1997 it has made the transition from start-up angel syndicate to fully listed company. Braveheart's shares listed on AIM in March 2007.
Investments are made in young, emerging, unlisted companies where there is potential for significant growth through successful commercialisation of IP and Braveheart enjoys close relationships with several universities to identify emerging technologies. Investments are predominantly technology-focused, however the Group also maintains limited exposure to more traditional businesses.
Braveheart's diverse portfolio currently comprises over 30 companies and it has completed over 70 deals in its ten year history, including 6 IPOs, 3 trade sales and 8 write-offs and has an exit IRR of 37%.
At the 2008 Ernst & Young Entrepreneur of The Year Awards (Scotland) Braveheart CEO Geoffrey Thomson was given a special award recognising his contribution and support of emerging technology businesses in Scotland over the past decade.
Related Shares:
Braveheart Investments