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Amigo Holdings PLC (AMGO)

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Friday 28 January, 2022

Amigo Holdings PLC

Appointment of Interim CFO

RNS Number : 9073Z
Amigo Holdings PLC
28 January 2022
 

28 January 2022

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

 Appointment of Interim CFO

Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in the UK, is pleased to announce that Danny Malone will be appointed on an interim basis as Chief Financial Officer (CFO), subject to approval by the FCA. The appointment as CFO is expected to take effect from 7 February 2022 and will be for a four month period until 7 June 2022. As the appointment is on an interim basis, it is not intended that Danny will be appointed as a director of the Company.

Danny is a chartered accountant and has extensive experience across multiple financial services companies and banks at Board level, mostly operating in the non standard consumer finance sector. He co-founded Everyday Loans in 2006 and was Finance Director until 2013, when, following its acquisition by Secure Trust Bank, he became CEO through to 2018. Previously he was European CFO of CitiFinancial Europe PLC, part of Citigroup.  Currently Danny is acting as a Non-Executive Chairman of Floan Limited, a start-up fintech business operating in the Buy Now Pay Later sector and as a Non-Executive Director of The Personal Finance Centre Limited, a secured loan broker. 

Gary Jennison, Chief Executive of Amigo said: "I am delighted to welcome Danny to Amigo. Danny joins with extensive business and regulatory experience and has proven success operating as a CFO and at senior board level across several businesses operating in the consumer finance sector. He will be a valuable addition to the senior management team at Amigo whilst we all work to deliver the best outcome we can in the circumstances to our customers, our shareholders and our other stakeholders."

ENDS

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.

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.

Contacts:

Amigo Holdings PLC  [email protected]    

Kate Patrick                      Head of Investor Relations 

Roger Bennett   Company Secretary 

 

Media enquiries  [email protected] 

Tom Baldock   07860 101715

Ed Hooper 07783 387713

 

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