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Amigo Holdings PLC (AMGO)

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Monday 24 January, 2022

Amigo Holdings PLC

Board Change

RNS Number : 4460Z
Amigo Holdings PLC
24 January 2022
 

24 January 2022

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

Board change

Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in the UK, announces that Mike Corcoran, the Chief Financial Officer, will step down from his role as Chief Financial Officer with immediate effect. He will continue to support the business through an appropriate handover period.

 

The Company anticipates it will be able to announce the appointment of a replacement Chief Financial Officer, in the near future.

 

 

Jonathan Roe, Chair of Amigo, said:   " Since he joined the business in November 2020, Mike has made a significant contribution to the work undertaken to deal with the many issues that have arisen from historical lending at Amigo. He   has led the finance team through an extremely difficult period and has been instrumental in developing the financial models required in support of the Scheme of Arrangement proposals. The Board would like to thank Mike for his diligence and hard work. He leaves with our gratitude and best wishes ."    

 

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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