REG - Amigo Holdings PLC - Admission of Shares

Amigo HoldingsAnnouncement

05/04/2024 08:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240405:nRSE4206Ja&default-theme=true

RNS Number : 4206J  Amigo Holdings PLC  05 April 2024

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:

 Amigo Holdings PLC             investors@amigo.me
 Nick Beal                      Company Secretary

 Media Enquiries                Amigoloans@lansons.com
 Ed Hooper                      07783 387713

 Corporate Broker               Peterhouse Capital Limited

 Lucy Williams / Duncan Vasey   020 7469 0936

 Sponsor                        Beaumont Cornish
                                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

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  ALSGZGGDFDKGDZZ