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LONDON - Braveheart Investment Group plc (AIM:BRH) announced Friday it plans to change its company name to Truetide plc, reflecting its evolution from a Scotland-focused investment manager to a technology-oriented equity investor.
The company, which joined the AIM Market in 2007, was originally named to appeal to Scottish clients when its operations were based in Perth and focused on investment management for private clients and universities in Scotland.
According to the company’s statement, Braveheart now primarily makes equity investments from its balance sheet into listed and unlisted companies, with a predominant focus on the technology sector. The board determined the new name would better align with its current business model.
Following the name change, which requires approval from Companies House, the firm’s ordinary shares will trade under the new stock ticker "TRUE" instead of the current "BRH." Trading will continue under the existing ticker until the name change becomes effective.
The company said it will make a further announcement when the name change process is completed.
The information was disclosed in a regulatory press release issued by Braveheart Investment Group.
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