Amigo Holdings PLC Directorate Change (5397B)
October 03 2022 - 5:00AM
UK Regulatory
TIDMAMGO
RNS Number : 5397B
Amigo Holdings PLC
03 October 2022
3 October 2022
Amigo Holdings PLC
("Amigo" or the "Company")
Directorate Change
Amigo Holdings PLC (LSE:AMGO), a provider of mid-cost credit in
the UK, announces Jerry Loy will join the Board as a Non-Executive
Director, effective immediately. Jerry will also take over as Chair
of the Audit Committee at Amigo, subject to approval for the role
of Chair of the Committee by the Financial Conduct Authority under
the Senior Managers Regime.
Jerry has over 30 years of experience working in financial
services with a focus on accounting and audit. He is a Fellow of
the Institute of Chartered Accountants in England and Wales. He has
led the development of both small and large companies, from
start-up and growth right through to maturing. Jerry has gained
valuable financial company and operational experience with KPMG,
The Capital Group and the Swiss private banking arms of two Middle
Eastern banks, QNB Banque Privée (Suisse) SA and NBAD Private Bank
(Suisse) SA. He has also managed programmes for the UK Government's
Department for International Trade and the Japanese Government's
Ministry of Foreign Affairs.
Jerry is currently a Non-Executive Director of Redwood Bank, a
UK challenger bank where he Chairs the Audit Committee. He is a
board member and Chair of the Audit Committee of Fiinu PLC, an AIM
listed regulated Fintech company and its trading subsidiary. He
also holds Non-Executive roles with All African Capital Limited, a
project to build a bank, and is an advisory member of Auticon UK,
an unlisted recruitment consultancy focused on neuro-diverse IT
consultants. He is also a co-opted member of the Audit and
Assurance Committee of Curo Group, a Housing Association and
Developer.
Jonathan Roe, Chair said: "It is our pleasure to welcome Jerry
to the Board and to Amigo. He will bring insight as Amigo seeks to
return to lending. His audit and regulatory experience, combined
with a commitment to open and transparent engagement with all
stakeholders will be a valuable addition to our Board."
Jerry Loy, Non-Executive Director said: "Amigo is a business
that offers a financial solution for its customers who are not able
to access finance from mainstream lenders and are consistently
being overlooked. I feel very strongly about supporting customers
that are facing financial exclusion and I want to be a part of a
business that offers customers an opportunity to access credit when
they need it."
There are no additional matters that would require disclosure
under LR 9.6.13R (1) to (6) in relation to this appointment.
Following the above change, the total number of Directors on
Amigo's Board will consist of four independent Non-Executive
Directors, including the Chair, and two Executive Directors.
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.
Enquiries
Company
Amigo Holdings PLC investors@amigo.me
Kate Patrick Head of Investor Relations
Roger Bennett Company Secretary
Media enquiries Amigoloans@lansons.com
Ed Hooper 07783 387713
Peel Hunt LLP 020 7418 8900
Andrew Buchanan
Oliver Jackson
Sam Milford
-ENDS-
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