REG - Amigo Holdings PLC - Committee Changes

Amigo HoldingsAnnouncement

13/12/2019 08:00

RNS Number : 7927W
Amigo Holdings PLC
13 December 2019
 


 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
FOR IMMEDIATE RELEASE
13 December 2019
Amigo Holdings PLC
("Amigo" or the "Company")
Committee Changes
Amigo today announces that the Board has approved the following changes to its Nomination Committee, with effect from 12 December 2019.
Stephan Wilcke, the current Chairman of the Nomination Committee, and Clare Salmon, will each step down as members of  Nomination Committee;
James Benamor is appointed as a member of the Nomination Committee; and
Roger Lovering, currently a member of the Nomination Committee is appointed as Chairman of the Nomination Committee.
Following the changes noted above, the Nomination Committee membership is as follows:
·    Roger Lovering (Chairman)
·    Richard Price
·    James Benamor
 
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.
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Contacts:
Hawthorn Advisors   amigo@hawthornadvisors.com
Lorna Cobbett             Tel: 020 3745 4960
Victoria Ainsworth
 
Amigo Holdings PLC  investors@amigo.me              
Kate Patrick,                Head of Investor Relations    
Roger Bennett,            Company Secretary                            
Notes to Editors:
About Amigo Loans
Amigo Holdings PLC ("Amigo" or the "Company") is listed on the main market of the London Stock Exchange (ticker: AMGO). Amigo is a leading provider of guarantor loans in the UK and offers access to mid-cost credit to those who are unable to borrow from traditional lenders due to their credit histories.
The guarantor loan concept introduces a second individual to the lending relationship, typically a family member or friend with a stronger credit profile than the borrower. This individual acts as guarantor, undertaking to make loan payments if the borrower does not.
Amigo was founded in 2005 and has grown to become the UK's largest provider of guarantor loans in the UK. In the process, Amigo's guarantor loan product has allowed borrowers to rebuild their credit scores and improve their ability to access credit from mainstream financial service providers in the future.
Amigo is a mid-cost credit provider with one simple and transparent product - a guarantor loan at an APR of 49.9%, with no fees, early redemption penalties or any other charges.
Amigo Loans Ltd and Amigo Management Services Ltd are authorised and regulated in the UK by the Financial Conduct Authority (FCA).
 




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