Director/PDMR Shareholding

RNS Number : 2334V
Amigo Holdings PLC
02 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

2 December 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, reports that the Company was notified on 29 November 2019 by Stephan Wilcke, the Company's Chairman, of the sale of an aggregate of 1,800,000 Amigo Holdings PLC ordinary shares of 0.25p each ("Ordinary Shares") at an average cost of £0.635895 per Ordinary Share.

Mr Wilcke has sold 15% of his Ordinary Shares, representing 0.38% of the Ordinary Shares of the Company, ahead of a personal tax liability due in 2020. Following the transaction Mr Wilcke retains 10,155,613 Ordinary Shares and his interests remain significantly aligned with those of the Company's shareholders and stakeholders.      

The Company was also notified on 29 November 2019 by Naynesh Patel, the Chief Analytics Officer and PDMR, of the sale of an aggregate of 703,514 Ordinary Shares at an average cost of £0.653754 per Ordinary Share. Mr Patel sold Ordinary Shares, representing 0.15% of the Ordinary Shares of the Company, ahead of a personal tax liability due in 2020.

The below information and notification are 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

Stephan Wilcke

2.

Reason for notification

b)

Position / status

Chairman / 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

Sale of shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.672767

 

295,844

 

d)

Aggregated information

Aggregated volume Price

 

 

295,844

 £0.672767 per share

e)

Date of the transaction

 28 November 2019

f)

Place of the transaction

London Stock Exchange

 

 

Details of Persons Discharging Managerial Responsibilities "PDMR" / person closely associated with them ('PCA')

a)

Name

Stephan Wilcke

2.

Reason for notification

b)

Position / status

Chairman / 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

Sale of shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

£0.628643

 

 1,506,156

d)

Aggregated information

Aggregated volume Price

 

 

1,506,156

 £0.628643 per share

e)

Date of the transaction

 29 November 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)

£0.666897

437,815

 

d)

Aggregated information

Aggregated volume Price

 

 

437,815

£0.666897 per share

e)

Date of the transaction

 28 November 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)

£0.632096

265,699

 

d)

Aggregated information

Aggregated volume Price

 

 

265,699

£0.632096 per share

e)

Date of the transaction

 29 November 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 amigo@hawthornadvisors.com Tel:       020 3745 4960

Lorna Cobbett

Victoria Ainsworth

 

 


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END
 
 
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