Braveheart Investment Group plc Special Dividend payment and Cash position (8057K)
January 06 2021 - 8:27AM
UK Regulatory
TIDMBRH
RNS Number : 8057K
Braveheart Investment Group plc
06 January 2021
6 January 2021
Braveheart Investment Group plc
("Braveheart" or the "Company")
Special Dividend payment and Cash position
On 3 December 2020, the board of Braveheart (the "Board")
announced that it had declared the payment of a special interim
dividend of 42.75 pence per Ordinary Share (the "Special Dividend")
which based on the issued share capital of the Company on 11
December 2020, the record date, being 37,097,451 Ordinary Shares,
equates to a total dividend of approximately GBP15.8 million. This
dividend was paid earlier today.
The Board advises that as at the close of business today it
expects the Company and its subsidiaries (the "Group") to have net
cash reserves of approximately GBP2.3 million.
For further information:
Braveheart Investment Group plc Tel: 01738
587555
Trevor Brown, Chief Executive Officer
Allenby Capital Limited (Nominated Tel: 020
Adviser and Joint Broker) 3328 5656
David Worlidge / James Hornigold
Peterhouse Capital Limited (Joint Tel: 020
Broker) 7469 0936
Heena Karani / Lucy Williams
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