4
September 2024
Amigo Holdings
PLC
("Amigo" or the "Company")
Notice of 2024 Annual General
Meeting ('Notice')
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 its
AGM will be held at Bournemouth Highcliff Marriott
Hotel, 105 St Michael's Road, Bournemouth BH2
5DU on Monday 30 September 2024 at
13.00.
Shareholders who are not able to
attend in person will be able to listen to and view the Annual
General Meeting via webcast. Details of the webcast will be made
available on the Company's website in due course: https://www.amigoplc.com/investors.
The Board has prepared the Notice on
the basis that it is in the best interests of all stakeholders to
put forward resolutions that would normally be expected at an
Annual General Meetings. In doing so, the Board is not expressing a
view on any longevity or expected future for the
Company.
The Group has been in wind-down
since March 2023 and, absent a Reverse Takeover
('RTO'), the Board will
continue to manage the wind-down as required under the High
Court approved Fallback Solution under its Scheme of
Arrangement. In this context, should there not emerge an RTO,
Amigo will hold a separate General Meeting, at a date still to be
determined, to seek the required shareholder approval for delisting
the Company from the London Stock Exchange and to enter
the Company into a Members Voluntary Liquidation.
The Company has posted to its
shareholders the Notice convening the Company's AGM together with
instructions on how to vote. The Notice will be available
shortly on the investor section of the Company's website:
www.amigoplc.com and
on the National Storage Mechanism.
The Company is aware that a
substantial number of shareholders hold their Amigo shares via
various share dealing platforms and brokers. In order to encourage
participation of Amigo shareholders in the AGM process, Amigo has
prepared a brief guide to help shareholders exercise their vote,
via the proxy voting service and/or attend the AGM in person. A
copy of the guide for shareholders can be found on the Company
website:
https://www.amigoplc.com/investors/how-to-vote-2024
The person responsible for this
announcement is Nicholas Beal, Company Secretary.
ENDS
Contacts:
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Amigo Holdings PLC
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investors@amigo.me
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Nick Beal
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Company Secretary
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Media Enquiries
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Amigoloans@lansons.com
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Ed Hooper
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Sponsor
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Beaumont Cornish
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Notes to Editors:
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 to March 2023, offering access to
mid‐cost credit to those who were 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.