Directorate Changes

RNS Number : 2480S
Bonhill Group PLC
13 July 2022
 

13 July 2022

 

Bonhill Group plc

("Bonhill", the "Company" or the "Group")

 

Directorate Changes

 

Bonhill Group plc (AIM: BONH), a leading B2B media business specialising in three key areas: Business Information, Events and Data & Analytics, announces the following board changes with immediate effect:

 

· The appointment of Patrick Ponsford as Group CEO following a period as Interim CEO. Patrick has worked for the last 30 years in B2B publishing, including 3 years at Last Word Media prior to its acquisition by Bonhill in April 2020, Strategic Insight Research and Centaur PLC.

· The appointment of John French, CEO of InvestmentNews LLC, the Company's subsidiary, as an Executive Director.  John French is one of the most experienced B2B publishers in the USA.  He was previously CEO of Penton Media, Cygnus Business Media and President of Primedia and Prism Publishing.  He is a senior advisor to Oaklins DeSilva+Phillips the investment bank focused on media, marketing and information technologies. He will report to Patrick Ponsford. 

· Concurrently, Jonathan Glasspool, who has been Interim Executive Chairman since 7 April 2022, reverts to Non-executive Chairman.

 

Further information in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies (the "AIM Rules") on Patrick Ponsford and John French is set out at the end of this announcement.

 

Patrick Ponsford, Bonhill's Chief Executive Officer, commented :

"I am excited by the opportunity to lead the Group. The new financial services focused business that will emerge after completion of the BSG divestiture will be less complex and capital intensive and with higher margin. I believe that shareholders should see significantly enhanced returns over the next 18 months once the divestiture of BSG is complete."

 

Jonathan Glasspool, Bonhill's Non-executive Chairman, commented :

"The Board is pleased to have such seasoned executives as Patrick and John running our two divisions.  They bring complementary skills and knowledge of the global marketplace.  We remain optimistic about the considerable opportunities available to us as a focused B2B media company within a vibrant global niche." 

 

 

For further enquiries please contact:

 

Bonhill Group plc   +44 (0)20 7250 7035

Jonathan Glasspool, Non-executive Chairman

Patrick Ponsford, Group CEO

 

Shore Capital (Nominated Adviser and Broker)          +44 (0)20 7408 4050

Tom Griffiths/David Coaten

 

 

About Bonhill Group plc

Bonhill Group plc is a leading, AIM-quoted, B2B media company providing Business Information, Events and Data & Insight propositions to Financial Services, Diversity and Technology business communities in the US, UK, Pan Europe, Middle East and Asia. Bonhill operates multiple digital platforms, has market leading media brands, hosts over 100 events per annum, offers a portfolio of data & analytics propositions and provides a range of content marketing solutions.

Bonhill operates primarily in the financial services space where its brands and services are acknowledged as market leaders. It specialises in enhancing the relationship and flow of information between the global community of financial services providers and the advisers who recommend their products. Bonhill was early to recognise the growing importance of ESG in asset allocation and fund selection and now owns the leading global platform in this space, serving the adviser community.

Additionally, the business creates content, sales and marketing opportunities, networking events and lead generation opportunities for its audiences of entrepreneurs, business owners and managers, CTOs and technology leaders, asset and wealth managers, and professional women. Flagship brands include: InvestmentNews, ESG Clarity, Portfolio Adviser, Fund Selector Asia, SmallBusiness.co.uk, GrowthBusiness.co.uk, Information Age, Women in… events series and DiversityQ.

For more information visit www.bonhillplc.com .

 

 

INFORMATION REQUIRED UNDER SCHEDULE TWO, PARAGRAPH (G) OF THE AIM RULES

 

Full name:

Patrick Francis Ponsford

Age

52

Bonhill Group plc ordinary shares held:

0*

Current directorships/partnerships:

Bonhill Finance Limited

Bonhill Media UK Limited

Last Word Media (UK) Limited

Thames Ditton Island (Maintenance & Services) Limited

Historic directorships/partnerships (within previous 5 years):

None

 

*Mr Ponsford holds options over 1.5 million ordinary shares of £0.01 each in the Company pursuant to the Company's Long-Term Incentive Plan.

 

 

Full name:

John Gerald French

Age

66

Bonhill Group plc ordinary shares held:

0

Current directorships/partnerships:

Bonhill Group, Inc.

InvestmentNews, LLC

John G French, LLC

Historic directorships/partnerships (within previous 5 years):

None

 

 

There is no further information to be disclosed in relation to the appointments of either Patrick Ponsford or John French pursuant to Schedule Two, paragraph (g) of the AIM Rules.

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
BOADZGMNLZLGZZM
UK 100

Latest directors dealings