Braveheart could profit from portfolio company sale
Braveheart Investment Group was forced to respond to a significant increase in its share price on Friday.
Braveheart Investment Group
4.00p
16:55 12/11/24
0.00%
0.00p
Financial Services
16,473.88
17:09 12/11/24
-1.91%
-320.79
The AIM-traded firm said one of its portfolio companies is in advanced negotiations to sell to a third party.
“If the transaction is completed, it would result in a significant profit to the group and a further announcement would be made at the time,” Braveheart’s board said in a statement.
“There can be no certainty that such transaction will be completed.”