15 July 2024

Braveheart Investment Group plc

("Braveheart" or the "Company")

Grant of options

Braveheart Investment Group (AIM: BRH), announces that the Company has granted options today over a total of 3,100,000 ordinary shares of 2p each in the Company ("Ordinary Shares") to the Directors, one employee and one service provider to the Company (the "Options").  The Options have been granted pursuant to the Company's share option plan adopted on 16 December 2020. 

In aggregate, 2,800,000 Options have been granted to Directors of the Company, as follows:

The Options granted to Vivian Hallam, Trevor Brown, Susan Hagan and Qu Li are unapproved options.

The 300,000 Options granted to the employee and service provider have an exercise price of 4.5p.

The Options granted to the Directors shall vest over a three-year period in equal tranches, with one third vesting on the first anniversary of the date of the grant, one third vesting on the second anniversary of the date of the grant and one third on the third anniversary of the date of the grant, subject to continued employment.

The Options granted to Trevor Brown and Vivian Hallam, as Executive Directors of the Company, have an additional performance related vesting criteria that the closing mid-market price of an Ordinary Share must equal or exceed 7.75 pence for 15 business days out of a 30 consecutive business day period.

Following the grant of the Options, the Company now has options outstanding over a total of 10,122,192 Ordinary Shares, equivalent to 15.9% of the Company's current issued share capital.

Further details of the Options can be found in the Notification of Dealing Form below.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

For further information: