5 April 2024
Amigo Holdings
PLC
("Amigo" or the
"Company")
Admission of
Shares
Amigo announced on 28 March 2024
that it had conditionally placed a total of 23,766,400 new ordinary
shares of 0.25p ("First Placing Shares") at an issue price of 0.25p
per share. The conditions for the First Placing Shares have
been satisfied and they were admitted to listing on the premium
segment of the Official List and to trading on the main market for
listed securities of the London Stock Exchange effective at 8.00 am
today.
The First Placing Shares rank
pari passu in all respects
with the existing ordinary shares of the Company with ISIN
GB00BFFK8T45.
The notice of General Meeting to
approve the issue of the 71,252,800 Second Placing Shares is
expected to be posted to shareholders next week.
Words and phrases defined in the
announcement dated 28 March 2024 will have the same meanings in
this announcement.
Total Voting Rights
Following Admission, the total
number of ordinary shares in the Company with voting rights is
499,100,160 and this figure may be used by shareholders in the
Company 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 share capital of the Company under
the FCA's Disclosure Guidance and Transparency Rules.
Contacts:
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Amigo Holdings PLC
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investors@amigo.me
|
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Nick Beal
|
Company Secretary
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Media Enquiries
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Amigoloans@lansons.com
|
|
Ed Hooper
|
07783 387713
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|
|
|
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Corporate Broker
Lucy Williams / Duncan
Vasey
|
Peterhouse Capital
Limited
020 7469 0936
|
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Sponsor
|
Beaumont Cornish
|
|
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0207 628 3396
|
Notes to editors:
About Amigo Loans
Amigo is a public limited company
registered in England and Wales with registered number 10024479.
The Amigo Shares are listed on the Official List of the London
Stock Exchange. On 23 March 2023 Amigo announced that its
subsidiaries had ceased offering new loans, with immediate effect,
and would start the orderly solvent wind-down of the business.
Amigo's group provided guarantor loans in the UK from 2005 to 2020
and unsecured loans under the RewardRate brand from October 2022,
offering access to mid‐cost credit to those who were unable to
borrow from traditional lenders due to their credit histories. The
back book of loans is in the process of being run off with all net
proceeds due to creditors under a Court approved Scheme of
Arrangement. Amigo Loans Ltd and Amigo Management Services Ltd are
authorised and regulated in the UK by the Financial Conduct
Authority.
Additional Information
Beaumont
Cornish Limited ("Beaumont Cornish") is the Company's Sponsor as
defined in the FCA Listing Rules and is authorised and regulated by
the FCA. Beaumont Cornish Limited is acting exclusively for the
Company and for no one else in relation to the matters described in
this announcement and is not advising any other person and
accordingly will not be responsible to anyone other than the
Company for providing the protections afforded to clients of
Beaumont Cornish Limited, or for providing advice in relation to
the contents of this announcement or any matter referred to in
it.
This announcement is not intended to, and does not, constitute
or form part of any offer, invitation, or the solicitation of an
offer to purchase, otherwise acquire, subscribe for, sell, or
otherwise dispose of, any securities, or the solicitation of any
vote or approval in any jurisdiction, pursuant to this announcement
or otherwise.
ENDS
