London-based information, events and data analytics company Bonhill Group has raised £1.1m through the issuing of share capital.
Bonhill chief executive Simon Stilwell has also resigned with immediate effect, to be replaced by the company’s managing director Patrick Ponsford as interim chief executive. Non-executive chair Jonathan Glasspool also becomes interim executive chair until a permanent chief executive is appointed.
Bonhill Group expects revenue of £16.4m in 2021 (lower than the £17.8m registered in 2020) and earnings before interest, tax, depreciation and amortisation are expected to break even.
Deal size: £1.1m
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