THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION, DISTRIBUTION OR FORWARDING, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

11 May 2022

Bonhill Group plc

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

Result of Open Offer and Conditional Placing

Total Voting Rights

and

Directors' Dealings

Result of Open Offer and Conditional Placing

Further to its announcement of 25 April 2022 (the 'Announcement'), Bonhill Group plc (AIM: BONH), a leading B2B media business specialising in three key areas: Business Information, Events and Data & Analytics, announces the result of the Open Offer and Conditional Placing.

Valid acceptances have been received from Qualifying Shareholders in respect of 7,775,121 Open Offer Shares. This represents approximately 72 per cent. of the Open Offer Shares available under the Open Offer which, at the Issue Price, has raised approximately £0.43 million.

As detailed in the Announcement, under the terms of the Placing Agreement, the number of Conditional Placing Shares will therefore be scaled back to a total of 3,069,305 Ordinary Shares, which, at the Issue Price, has raised approximately £0.17 million.

Subject to the admission to trading on AIM of the 10,844,426 New Ordinary Shares ('Admission'), the Company will have raised a total of approximately £0.6 million (before expenses) pursuant to the Open Offer and Conditional Placing.

Admission and Total Voting Rights

It is expected that Admission will become effective and that dealings in the 10,844,426 New Ordinary Shares will commence at 8.00 a.m. on 12 May 2022.  The New Ordinary Shares will rank pari passu with the Existing Ordinary Shares.  Following Admission, the Company's issued share capital will comprise 119,288,687 Ordinary Shares carrying voting rights.  This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interests in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Directors' Dealings

The interests of the Directors in the Ordinary Shares as at: the date of this announcement; the number of Open Offer Shares taken up by certain Directors; and the interests of the Directors in the Ordinary Shares immediately following Admission are set out below:

*Richard Staveley is an appointee of Harwood Capital LLP which participated in the Open Offer and Conditional Placing

Capitalised terms in this announcement have the same meaning as given in the Announcement.

For further enquiries please contact:

Bonhill Group plc                                                                              +44 (0)20 7638 6378

Jonathan Glasspool, Interim Executive Chairman

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

Tom Griffiths/David Coaten/Tom Knibbs

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. ESG Clarity.

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, What Investment, SmallBusiness.co.uk, GrowthBusiness.co.uk, Information Age, Women in… events series and DiversityQ.

For more information visit www.bonhillplc.com.