Result of Meeting, TVR & Directors' Participation

RNS Number : 6266V

Bonhill Group PLC

09 April 2019

 

9 April 2019

Bonhill Group plc

("Bonhill" or the "Company")

Result of Meeting

Total Voting Rights

and

Directors' Participation

Result of Meeting

Further to its announcements of 25 March 2019 ("Announcements"), Bonhill (AIM: BONH), a leading B2B media business specialising in three key areas: Business Information, Live Events and Data & Insight, is pleased to announce that all resolutions put to shareholders at the General Meeting held earlier today were duly passed.

As a result, it is expected that Admission will become effective and that dealings in the 11,904,762 Placing Shares and 2,380,952 Initial Consideration Shares will commence at 8.00 am on 10 April 2019, when it is expected that Completion of the acquisition of Last Word Media will occur.

Total Voting Rights

Immediately following Admission, the Company's issued share capital will comprise 48,585,692 Ordinary Shares. Each Ordinary Share has one voting right.  No Ordinary Shares are held in treasury.  Accordingly, the total number of voting rights is 48,585,692. The above figure may be used by Shareholders as the denominator for the calculation by which they will 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.

Directors' Participation

Certain Directors of the Company participated in the Placing by subscribing for Placing Shares at the Placing Price and their resulting shareholdings immediately following Admission are detailed below:

Director	Current shareholding	% of issued share capital	No. of Placing Shares	Shareholding immediately following Admission	% of Enlarged Share Capital
Simon Stilwell	562,500	1.64%	83,500	646,000	1.33%
David Brown	375,000	1.09%	416,666	791,666	1.63%
Neil Sachdev	25,000	0.07%	23,810	48,810	0.10%
PDMR
Lawrence Gosling	62,500	0.18%	29,762	92,262	0.19%

Capitalised terms in this announcement are as defined in the Announcements.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 ("MAR").

-ends-

For further enquiries please contact:

Bonhill Group plc	[phone]
Simon Stilwell, Chief Executive David Brown, Group Finance Director
Stockdale Securities Limited (Nominated Adviser and Joint Broker)	[phone]
Tom Griffiths David Coaten
Canaccord Genuity Limited (Joint Broker) Bobbie Hilliam Adam James Georgina McCooke	[phone]
Taurus London (Lead Adviser)	[phone]
Tom Fyson Tom Marriage
Belvedere Communications (Financial PR)	[phone]
John West Kim van Beeck

About Bonhill Group plc

Bonhill Group plc is an AIM-quoted leading B2B media business specialising in three key areas: Business Information, Live Events and Data & Insight in three key sectors: Technology, Financial Services and Diversity. Bonhill's ambition is to create content that informs, communities that engage and brands that inspire in order to enable a better business environment for our sponsors and clients.

Flagship titles include: InvestmentNews, SmallBusiness.co.uk, Growth Company Investor, Information Age, GrowthBusiness.co.uk and What Investment. Bonhill is also responsible for a growing portfolio of high-profile events, including The Quoted Company Awards, Women in IT Awards Global Series, Women in Finance Awards Global Series, British Small Business Awards, Women Advisor Summit, Women to Watch, Diversity & Inclusion Summit and Retirement Income Summit, amongst others.

For more information visit www.bonhillplc.com

 

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