Shore Capital acts as Nomad and Joint Broker on £2.5m placing for Bonhill Group Plc
Bonhill (AIM: BONH), a leading B2B media business specialising in business information, live events and data & insight, has successfully raised £2.5m via a placing at an issue price of 5 pence per share, with Shore Capital acting as the company’s Nomad and Joint Broker.
The net proceeds of the placing will be used to fund the working capital requirements of the company up to Q4 2020.
For further information please contact:
Shore Capital +44 (0) 20 7408 4090
For Shore Capital media enquiries, please contact:
Adele Gilbert: +44 (0)74 8477 8331
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About Shore Capital
We are an independent securities business offering institutional and corporate clients leading investment banking, research, sales and trading services, including fixed income. We are represented across the UK enabling extensive distribution and institutional coverage. This distribution capability is complemented by our experienced corporate advisory and broking team who offer discreet, innovative and valued advice to companies on both the Main Market and AIM. Shore Capital is also the 3rd largest market maker by number of AIM stocks covered.
Our cross-disciplinary team has deep, market leading experience in a wide range of small and mid-cap UK companies within the following sectors: Consumer, Financials, Healthcare, Insurance, Natural Resources, Real Estate, Support Services, Technology and Media. Our research on over 250 companies is distributed to an extensive institutional client base in the UK and Europe.
Shore Capital is a trading name of both Shore Capital Stockbrokers Limited and Shore Capital and Corporate Limited.