REG - Amigo Holdings PLC - Director/PDMR Dealing

Amigo HoldingsAnnouncement

22/07/2020 16:00

RNS Number : 7978T
  
Amigo Holdings PLC
  
22 July 2020
  
 

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
22 July 2020
Amigo Holdings PLC ("Amigo" or the "Company") 
Director and PDMR dealing
Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in the UK, announces that it was notified today the Company's Employee Benefit Trust ("EBT") purchased 770,578 ordinary shares of 0.25p each ("Ordinary Shares"), as nominee for a participant in the Company's Deferred Bonus Plan ("Plan") at an average cost of 6.5424p per Ordinary Share. The purchases were made in the open market. 
The Ordinary Shares detailed above have been used to satisfy the following transactions:
·    the application of an award granted to a Director under the Plan and which is subject to mandatory deferral into shares.  Under the terms of the Plan the participant is required to hold the Ordinary Shares within the Plan for a period of three years. 
The Ordinary Shares acquired under the Plan are subject to customary malus and clawback provisions.
As part of the transactions referred to above and pursuant to disclosure requirements under the Market Abuse Regulation, a PDMR acquired Ordinary Shares as follows:




PDMR


Shareholding b/fwd


Ordinary Shares acquired as part of the Deferred Bonus Plan


Shareholding c/fwd


% of Total Voting Rights




Nayan Kisnadwala


16,973


770,578 


787,551


0.17%




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 contains inside information for the purposes of article 7 of Regulation 596/2014 ("MAR"). 
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.
-ENDS
www.amigoplc.com
Contacts: 
Hawthorn Advisors amigo@hawthornadvisors.com Tel:       020 3745 4960
Lorna Cobbett 
 
Notes to Editors:  
In accordance with the EU Market Abuse Regulation, the following notifications have been made to the FCA:
 
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM




1.


Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')




a)


Name


Nayan Kisnadwala




2.


Reason for notification




b)


Position / status


CFO/Director




c)


Initial notification / amendment


Initial notification




3.


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




b)


Name


Amigo Holdings PLC




c)


LEI


213800PUHEBLCWDW9T74




4.


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




a)


Description of the financial instrument
 
Identification code
 


Ordinary shares of GBP0.0025 each
 
 
GB00BFFK8T45




b)


Nature of the transaction


Shares purchased within the Amigo EBT to satisfy the award of shares due to individuals under the terms of the Amigo Deferred Bonus Plan.




c)


Price(s) and volume(s)


 




Price(s)


Volume(s)




£0.065424


770,578
 




 




d)


Aggregated information
Aggregated volume Price


 
£50,414.30
 
£0.06524 per share




e)


Date of the transaction


 21 July 2020




f)


Place of the transaction


London Stock Exchange




 
 
 
LEI: 213800PUHEBLCWDW9T74 
Classification: 2.2. Inside Information disclosed under article 19 of the Market Abuse Regulation
 


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 or visit www.rns.com.
 
  END
 
 
DSHEALXAAEFEEFA