Amigo Holdings PLC Listing Restoration & Resumption of Share Trading (8325T)
17 November 2023 - 9:39AM
UK Regulatory
TIDMAMGO
RNS Number : 8325T
Amigo Holdings PLC
17 November 2023
17 November 2023
Amigo Holdings PLC
("Amigo" or the "Company")
Restoration of Listing and Resumption of Share Trading
Amigo Holdings PLC, a provider of mid-cost credit in the UK that
is currently in an orderly solvent wind down, announces the lifting
of the temporary suspension of the listing of the Company's
ordinary shares listed on the Premium Segment of the Official List
(the 'Shares'), which was put in place at the Company's request on
17 October 2023, and the resumption of dealings in its Shares.
The Company believes that it was appropriate for the Company to
request the lifting of the temporary suspension of the listing. The
Company is not aware of any inside information which has not been
updated to the market following the market update issued on 16
November 2023.
Total Voting Rights
The total number of Ordinary Shares in the Company with voting
rights is 475,333,760 and this figure may be used by shareholders
in the Company as the denominator for the calculation by which they
will determine if they are required to notify their interest in, or
a change to their interest in, the share capital of the Company
under the FCA's Disclosure Guidance and Transparency Rules.
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.
Notes to editors:
Media enquiries: Ed Hooper 07783 387713
Amigoloans@lansons.com
Sponsor: Beaumont Cornish 0207 628 3396
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 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.
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END
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November 17, 2023 03:39 ET (08:39 GMT)
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