Business
Award of options
Award of options.
About this update from Truetide Plc
[{"type":"text","content":"\n \nRNS Number : 5576P Braveheart Investment Group plc 20 August 2014 \n \n\nBraveheart Investment Group plc\n('Braveheart' or 'the 'Group')\nAward of Options\n \nBraveheart Investment Group plc, the AIM-listed investment management group providing financing to SMEs, servicing the investment requirements of business angels, high net worth individuals, family offices and public sector organisations, and directly holding an investment portfolio of early-stage technology companies, announces that the directors and staff named below have been awarded the following new options over the Group's Ordinary Shares with a grant date of 19 August 2014 (\"New Options\"):\n \n\n\n\n\n\n\n\nEmployment Based\n\n\nPerformance Based\n\n\nTotal\n\n\n\n\nDirectors:\n\n\n\n\n\n\n\n\n\n\n\n\n\nGeoffrey Thomson\n\n\n-\n\n\n108,108\n\n\n108,108\n\n\n\n\nCarolyn Smith\n\n\n-\n\n\n64,865\n\n\n64,865\n\n\n\n\nAileen Brown\n\n\n-\n\n\n64,865\n\n\n64,865\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStaff\n\n\n104,513\n\n\n351,351\n\n\n455,864\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTotal\n\n\n104,513\n\n\n589,189\n\n\n693,702\n\n\n\n\n \nThe exercise price for the New Options is 10.50 pence. The employment based options will become exercisable on the third anniversary of grant, the performance based options will become exercisable on the first anniversary following achievement of the performance conditions.\n \nThe resulting aggregate options held are as below:\n\n\n\n\n\n\n\nEmployment Based\n\n\nPerformance Based\n\n\nOther\n\n\nTotal\n\n\n\n\nDirectors:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nJeremy Delmar-Morgan\n\n\n-\n\n\n-\n\n\n-\n\n\n-\n\n\n\n\nKen Brown\n\n\n-\n\n\n-\n\n\n-\n\n\n-\n\n\n\n\nTrevor Brown\n\n\n-\n\n\n-\n\n\n-\n\n\n-\n\n\n\n\nGeoffrey Thomson\n\n\n177,106\n\n\n247,531\n\n\n105,000\n\n\n529,637\n\n\n\n\nCarolyn Smith\n\n\n130,752\n\n\n148,519\n\n\n77,778\n\n\n357,049\n\n\n\n\nAileen Brown\n\n\n33,800\n\n\n102,365\n\n\n-\n\n\n136,165\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStaff\n\n\n423,489\n\n\n519,155\n\n\n42,315\n\n\n984,959\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTotal\n\n\n765,147\n\n\n1,017,570\n\n\n225,093\n\n\n2,007,810\n\n\n\n\n \nFurther information:\nBraveheart Investment Group plc\nGeoffrey Thomson, Chief Executive &n...