REG - Amigo Holdings PLC - Board Change

Amigo HoldingsAnnouncement

24/01/2022 18:15

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RNS Number : 4460Z  Amigo Holdings PLC  24 January 2022

24 January 2022

Amigo Holdings PLC ("Amigo" or the "Company")

Board change

Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in
the UK, announces that Mike Corcoran, the Chief Financial Officer, will step
down from his role as Chief Financial Officer with immediate effect. He will
continue to support the business through an appropriate handover period.

 

The Company anticipates it will be able to announce the appointment of a
replacement Chief Financial Officer, in the near future.

 

 

Jonathan Roe, Chair of Amigo, said: "Since he joined the business
in November 2020, Mike has made a significant contribution to the work
undertaken to deal with the many issues that have arisen from historical
lending at Amigo. He has led the finance team through an extremely difficult
period and has been instrumental in developing the financial models required
in support of the Scheme of Arrangement proposals. The Board would like to
thank Mike for his diligence and hard work. He leaves with our gratitude and
best wishes."

 

ENDS

Additional Information

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.

This announcement constitutes notice by Amigo Luxembourg S.A. (the "Issuer")
to the holders of the Issuer's 7.625% Senior Secured Notes due 2024 (for the
notes issued pursuant to Rule 144A of the United States Securities Act of
1933, ISIN: XS1533928468 and Common Code: 153392846; for the notes issued
pursuant to Regulation S of the United States Securities Act of 1933, ISIN:
XS1533928625 and Common Code: 153392862) (the "Notes") issued pursuant to
pursuant to Section 4.03(a)(3) of an indenture dated January 20, 2017 among,
inter alia, the Issuer, the guarantors named therein and U.S. Bank Trustees
Limited, as trustee and security agent.  Amigo Holdings PLC is the indirect
parent company of the Issuer. This announcement shall constitute a "Report" to
holders of the Notes.

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014. The person responsible for this
announcement is Roger Bennett, Company Secretary.

Contacts:

Amigo Holdings PLC       investors@amigo.me (mailto:investors@amigo.me)
 

Kate Patrick                        Head of Investor
Relations

Roger Bennett                  Company
Secretary

 

Media enquiries              Amigoloans@lansons.com

Tom Baldock                      07860 101715

Ed Hooper                          07783 387713

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