Amigo Holdings PLC Free Float (7289V)
05 December 2019 - 6:00PM
UK Regulatory
TIDMAMGO
RNS Number : 7289V
Amigo Holdings PLC
05 December 2019
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
5 December 2019
Amigo Holdings PLC ("Amigo" or the "Company")
Free float
Further to the announcement on 4 October 2019, as a result of
recent changes in the shareholder register, Amigo's free float is
now 28%. The FCA requires premium listed companies to maintain a
free float of at least 25% of their shares admitted to trading and
Amigo's free float is now in excess of this level.
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.
The person responsible for this announcement is Roger Bennett,
Company Secretary.
-ENDS
Contacts:
Amigo Holdings PLC investors@amigo.me
Kate Patrick, Head of Investor Relations
Roger Bennett, Company Secretary
Notes to Editors:
About Amigo Loans
Amigo Holdings PLC ("Amigo" or the "Company") is listed on the
main market of the London Stock Exchange (ticker: AMGO). Amigo is a
leading provider of guarantor loans in the UK and offers access to
mid-cost credit to those who are unable to borrow from traditional
lenders due to their credit histories.
The guarantor loan concept introduces a second individual to the
lending relationship, typically a family member or friend with a
stronger credit profile than the borrower. This individual acts as
guarantor, undertaking to make loan payments if the borrower does
not.
Amigo was founded in 2005 and has grown to become the UK's
largest provider of guarantor loans in the UK. In the process,
Amigo's guarantor loan product has allowed borrowers to rebuild
their credit scores and improve their ability to access credit from
mainstream financial service providers in the future.
Amigo is a mid-cost credit provider with one simple and
transparent product - a guarantor loan at an APR of 49.9%, with no
fees, early redemption penalties or any other charges.
Amigo Loans Ltd and Amigo Management Services Ltd are authorised
and regulated in the UK by the Financial Conduct Authority
(FCA).
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
MSCUGGUGPUPBGRC
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