REG - Amigo Holdings PLC - Result of AGM

Amigo HoldingsAnnouncement

27/09/2023 15:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230927:nRSa8798Na&default-theme=true

RNS Number : 8798N  Amigo Holdings PLC  27 September 2023

27 September 2023

 

Amigo Holdings PLC

("Amigo" or the "Company")

 

Results of the Annual General Meeting

 

Amigo Holdings PLC (LSE: AMGO), a provider of mid-cost credit in the UK that
is currently in an orderly solvent wind down, announces that at the Company's
2023 Annual General Meeting ("AGM") held earlier today at the Bournemouth
Highcliff Marriott Hotel, 105 St Michael's Road, Bournemouth BH2 5DU, all the
resolutions set out in the Notice of Annual General Meeting 2023 were
passed.

In accordance with Listing Rule 9.6.2R, copies of all the resolutions passed
other than resolutions concerning ordinary business will shortly be submitted
to the National Storage Mechanism.

A summary of the results in respect of each resolution is set out below.

  Resolution                                                                          NUMBER OF VOTES               % FOR   NUMBER OF VOTES                 % AGAINST  NUMBER OF VOTES

FOR
AGAINST
WITHHELD
 1         Receive accounts for year ended 31 March 2023                                        7,205,577           84.84%           1,287,956              15.16%                113,559
 2         Approve Directors' Remuneration Report                                               6,574,540           78.22%           1,830,219              21.78%                202,333
 3         To re-elect Jonathan Roe as a Director                                               6,695,504           79.94%           1,680,390              20.06%                231,198
 4         To re-elect Michael Bartholomeusz as a Director                                      6,700,647           80.47%           1,626,247              19.53%                280,198
 5         To re-elect Danny Malone as a Director                                               6,477,287           77.79%           1,849,607              22.21%                280,198
 6         To elect Kerry Penfold as a Director                                                 6,774,971           81.52%           1,535,357              18.48%                296,764
 7         Appoint MHA as auditor                                                               7,122,307           84.01%           1,355,834              15.99%                128,951
 8         Authority to set remuneration of auditor                                             6,993,081           82.43%           1,490,286              17.57%                123,725
 9         Authority to make political donations                                                7,431,659           86.94%           1,116,031              13.06%                  59,402
 10        Authority for Directors to allot shares                                              7,483,441           87.98%           1,022,509              12.02%                101,142
 11        Dis-application of pre-emption rights                                                6,461,342           75.46%           2,101,348              24.54%                  44,402
 12        Further dis-application of pre-emption rights                                        6,514,342           76.07%           2,049,348              23.93%                  43,402
 13        Authority for the Company to purchase own ordinary shares                            8,261,901           97.16%              241,858             2.84%                 103,333
 14        Authority to call a general meeting other than an AGM on not less than 14            6,948,764           81.93%           1,532,398              18.07%                125,930
           days' notice

 

 

The Board would like to thank shareholders for their engagement ahead of the
AGM and throughout the year.

 

Notes:

1.            Votes "for" include proxy appointments which gave
discretion to the Chair of the AGM. A "vote withheld" is not a vote under
English law and is therefore the percentage of voting shares is the percentage
of shares voted and excludes shares on which votes were withheld.

2.            As at 16.30 p.m. on Monday 25 September 2023, being
the time at which a person had to be registered in the Company's register of
members in order to vote at the AGM, the number of ordinary shares of the
Company in issue was 475,333,760.

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.

 

 Company
 Amigo Holdings PLC
 Roger Bennett              Company Secretary

 Media enquiries            Amigoloans@lansons.com
 Ed Hooper                  07783 387713

 Louis Wilson                07950 970366

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 it has
ceased offering new loans, with immediate effect, and would start the orderly
solvent wind-down of the business. Amigo 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 are unable to borrow
from traditional lenders due to their credit histories. Amigo's 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

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  RAGUBRSROWUKUAR