Temporary Suspension of Share Trading

RNS Number : 4008M

Amigo Holdings PLC

23 May 2022

 

23 May 2022

Amigo Holdings PLC

("Amigo" or the "Company")

Temporary Suspension of Share Trading

Amigo Holdings PLC (LSE: AMGO), a provider of guarantor loans in the UK, announces a temporary suspension of share trading on Monday 23 May 2022.

The Court sanctioning hearing for the Company's proposed Schemes of Arrangement (the 'Schemes'), originally announced on 6 December 2021, is scheduled to be held on 23 and 24 May 2022. In light of the  limited capacity of attendees at the public hearing, there is the possibility for asymmetric information in the market  should significant market sensitive information be released during the Court hearing, before the Company has time to update the whole market. Accordingly, the Board has requested the listing in ordinary shares be suspended and as such that trading in the Company's ordinary shares on the London Stock Exchange be suspended with immediate effect. Pending completion of the Court hearing, the Company will request the suspension be lifted.

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.

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.

Company

Amigo Holdings PLC  [e-mail]    

Kate Patrick   Head of Investor Relations 

Roger Bennett   Company Secretary 

Media enquiries   [e-mail] 

Tom Baldock   07860 101715

Ed Hooper                          07783 387713

-ENDS-

 

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