Information  X 
Enter a valid email address

Amigo Holdings PLC (AMGO)

  Print      Mail a friend

Friday 12 July, 2019

Amigo Holdings PLC

Result of AGM

RNS Number : 4362F
Amigo Holdings PLC
12 July 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

12 July 2019

Amigo Holdings PLC ("Amigo" or the "Company")

RESULTS OF 2019 ANNUAL GENERAL MEETING

Amigo Holdings PLC (LSE: AMGO), the leading provider of guarantor loans in the UK, announces that at the Company's 2019 Annual General Meeting ("AGM") held earlier today at the Hilton Bournemouth, Terrace Road, Bournemouth BH2 5EL, all the resolutions set out in the Notice of Annual General Meeting 2019 were passed by way of a poll.

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 and will be available for inspection at www.morningstar.co.uk/uk/nsm.

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

We confirm that Roger Bennett was appointed as Company Secretary on 12 July 2019, prior to the AGM.

On behalf of the Board:

Roger Bennett

Company Secretary

12 July 2019

 

ANNUAL GENERAL MEETING - 12 JULY 2019

VOTING RESULTS

 

 Resolution 

NUMBER OF VOTES
FOR

% FOR

NUMBER OF VOTES
AGAINST

% AGAINST

TOTAL SHARES VOTED

% OF ISC VOTED

NUMBER OF VOTES
WITHHELD

1

Receive accounts for year ended 31 March 2019

402,643,858

100.00

0

0.00

402,643,858

84.71%

64,238

2

Approve Directors' Remuneration Report

390,493,027

97.17

11,361,183

2.83

401,854,210

84.54%

853,884

3

Approve Remuneration Policy

401,379,017

99.70

1,226,746

0.30

402,605,763

84.70%

102,332

4

Declare final dividend of 7.45p

402,708,096

100.00

0

0.00

402,708,096

84.72%

0

5

To elect Nayan Kisnadwala as a Director

402,422,921

99.93

285,175

0.07

402,708,096

84.72%

0

6

To elect Roger Lovering as a Director

402,705,709

100.00

2,387

0.00

402,708,096

84.72%

0

7

To elect Richard Price as a Director

402,253,971

99.89

454,125

0.11

402,708,096

84.72%

0

8

To elect Clare Salmon as a Director

402,422,921

99.93

285,175

0.07

402,708,096

84.72%

0

9

To elect Stephan Wilcke as a Director

401,427,560

99.68

1,279,593

0.32

402,707,153

84.72%

942

10

Appoint KMPG as auditor

402,708,096

100.00

0

0.00

402,708,096

84.72%

0

11

Authority to set remuneration of auditor

402,703,034

100.00

5,062

0.00

402,708,096

84.72%

0

12

Authority to make political donations

402,708,096

100.00

0

0.00

402,708,096

84.72%

0

13

Approve 2019 Share Incentive Plan

402,420,246

99.93

287,850

0.07

402,708,096

84.72%

0

14

Approve 2019 Save as you Earn Option Plan

402,705,709

100.00

2,387

0.00

402,708,096

84.72%

0

15

Approve 2019 Long Term Incentive Plan

401,834,075

99.78

874,020

0.22

402,708,095

84.72%

0

16

Authority for Directors to allot shares

402,688,137

100.00

19,959

0.00

402,708,096

84.72%

0

17

Dis-application of pre-emption rights

402,708,096

100.00

0

0.00

402,708,096

84.72%

0

18

Further dis-application of pre-emption rights

401,682,137

99.75

1,025,958

0.25

402,708,095

84.72%

0

19

Authority for the Company to purchase own ordinary shares

401,800,606

99.78

902,427

0.22

402,703,033

84.72%

5,062

20

Authority to call a general meeting other than an AGM on not less than 14 days notice

402,301,484

99.90

406,612

0.10

402,708,096

84.72%

0

 

The Company also announces, in respect of resolutions 6 to 9, the result of the 'independent shareholders' vote on the election of independent Non-Executive Directors as follows:

 

 Resolution 

NUMBER OF VOTES
FOR

% FOR

NUMBER OF VOTES
AGAINST

% AGAINST

TOTAL SHARES VOTED

% OF ISC VOTED

NUMBER OF VOTES
WITHHELD

6


111,684,556

100.00

2,387

0.00

111,686,943

60.60%

0

7


111,232,818

99.59

454,125

0.41

111,686,943

60.60%

0

8


111,401,768

99.74

285,175

0.26

111,686,943

60.60%

0

9


110,406,407

98.85

1,279,593

1.15

111,686,000

60.60%

942

 

 

 

Notes: 

1. Percentage of voting shares is the percentage of shares voted and excludes shares on which votes were withheld.

2. Total number of ordinary shares in issue as at the date of the AGM is 475,333,760

3. Following the declaration of the final dividend by shareholders at today's AGM, a dividend of 7.45 pence per Ordinary Share of 0.25 pence in the Company for the financial year ended 31 March 2019 shall be paid on 31 July 2019 to those ordinary shareholders registered at the close of business on 19 July 2019 (the record date).

 

Additional Information

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.

-ENDS

Contacts:

Hawthorn Advisors [email protected] Tel:      020 3745 4960

Lorna Cobbett

Victoria Ainsworth

 

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 the 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 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 [email protected] or visit www.rns.com.
 
END
 
 
RAGUUAVRKAABAAR

a d v e r t i s e m e n t