Director/PDMR Shareholding

RNS Number : 8449K

Amigo Holdings PLC

02 September 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

2 September 2019

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

Director and PDMR dealing

Amigo Holdings PLC (LSE: AMGO), the leading provider of guarantor loans in the UK, announces that the Company was notified on 30 August 2019 by Hamish Paton the Company's CEO, of share purchases amounting to an aggregate of 50,000 Amigo Holdings PLC ordinary shares of 0.25p each ("Ordinary Shares") at an average cost of £0.7963 per Ordinary Share.

The Company was also notified on 30 August 2019 by Nicholas Beal, the Chief Regulatory and Public Affairs Officer and PDMR, of the purchase of 13,254 Ordinary Shares at an average cost of £0.7498 per Ordinary Share.

The Company was also notified on 30 August 2019 by Naynesh Patel, the Chief Analytics Officer and PDMR, of the sale of 8,204 Ordinary Shares at an average cost of £1.2289829 per Ordinary Share and the purchase by a Person Closely Associated ("PCA") to that same individual of 15,840 Ordinary Shares at an average cost of £0.7550 per Ordinary Share.

The below information and notification is made in accordance with the EU Market Abuse Regulation.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

	Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')
a)	Name	Hamish Paton
2.	Reason for notification
b)	Position / status	Chief Executive Officer / Director
c)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	Name	Amigo Holdings PLC
c)	LEI	213800PUHEBLCWDW9T74
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument Identification code	Ordinary shares of GBP0.0025 each GB00BFFK8T45
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.79 £0.7972 6,282  43,718
d)	Aggregated information Aggregated volume Price	50,000  £0.7963 per share
e)	Date of the transaction	30 August 2019
f)	Place of the transaction	London Stock Exchange

	Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')
a)	Name	Nicholas Beal
2.	Reason for notification
b)	Position / status	Chief Regulatory and Public Affairs Officer/PDMR
c)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	Name	Amigo Holdings PLC
c)	LEI	213800PUHEBLCWDW9T74
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument Identification code	Ordinary shares of GBP0.0025 each GB00BFFK8T45
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.7498 13,254
d)	Aggregated information Aggregated volume Price	13,254 £0.7498 per share
e)	Date of the transaction	30 August 2019
f)	Place of the transaction	London Stock Exchange

	Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')
a)	Name	Naynesh Patel
2.	Reason for notification
b)	Position / status	Chief Analytics Officer/PDMR
c)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	Name	Amigo Holdings PLC
c)	LEI	213800PUHEBLCWDW9T74
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument Identification code	Ordinary shares of GBP0.0025 each GB00BFFK8T45
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.2289829 8,204
d)	Aggregated information Aggregated volume Price	8,204 £1.2289829 per share
e)	Date of the transaction	29 August 2019
f)	Place of the transaction	London Stock Exchange

	Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')
a)	Name	Sital Patel
2.	Reason for notification
b)	Position / status	PCA to Naynesh Patel, Chief Analytics Officer/PDMR
c)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
b)	Name	Amigo Holdings PLC
c)	LEI	213800PUHEBLCWDW9T74
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument Identification code	Ordinary shares of GBP0.0025 each GB00BFFK8T45
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.7550 15,840
d)	Aggregated information Aggregated volume Price	15,840 £0.7550 per share
e)	Date of the transaction	29 August 2019
f)	Place of the transaction	London Stock Exchange

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

www.amigoplc.com

Contacts:

Hawthorn Advisors [e-mail] Tel:       [phone]

Lorna Cobbett

Victoria Ainsworth

 

END

 

 

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