Exercise of Employee Share Options

18 May 2021

Braveheart Investment Group plc

("Braveheart" or the "Company")

Exercise of Employee Share Options

Braveheart Investment Group (AIM: BRH) announces that is has received notice of exercise of employee share options by Philip Jepson, a director of the wholly owned subsidiary company Paraytec Limited, over a total of 34,000 new ordinary shares of 2p each (the "New Shares") at an exercise price of 17p per share, pursuant to the Company's award of share options to directors, employees and consultants announced on 17 December 2020.

The New Shares rank pari passu with existing Ordinary Shares and have been admitted to trading pursuant to the Company's Block Admission as announced on 5 March 2021.

Following the issue of the New Shares, Philip Jepson has the following interest in the Company's Ordinary Shares:

Total Voting Rights

Upon Admission of the New Shares, the issued share capital of the Company will consist of 38,341,451 ordinary shares of 2p each. The Company does not hold any shares in treasury. Therefore, the total number of voting rights in the Company from Admission will be 38,341,451.  This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information:

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