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Share Price: 0.24

Bid: 0.23

Ask: 0.25

Change: 0.00 (0.00%)

Spread: 0.02 (8.696%)

Open: 0.24

High: 0.24

Low: 0.24

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IN BRIEF: Amigo asks for shares to be suspended during court hearing

Mon, 23rd May 2022 11:27

Amigo Holdings PLC - Bournemouth, England-based guarantor loan provider - Requests suspension of trading in its shares on the London Main Market to prevent "asymmetric information" entering the market during the court hearing on Monday and Tuesday for its proposed scheme of arrangement. The scheme is to settle customer claims following probes from UK regulators into mis-sold loans. At a meeting earlier this month, 88% of Amigo creditors approved the scheme, though 83% also approved a back-up scheme to wind down the company.

Current stock price: 6.29 pence

12-month change: down 66%

By Tom Waite; thomaslwaite@alliancenews.com

More News

25 May 2021 07:31

High Court rejects Amigo rescue plan, shares tank

(Sharecast News) - Shares of Amigo Holdings tanked on Tuesday after the High Court rejected a rescue plan by the guarantor lender that would have seen compensation payments capped.

21 May 2021 11:01

SMALL-CAP WINNERS & LOSERS: Electra to list TGI Fridays, Hotter Shoes

21 May 2021 08:23

Amigo shares tank as it awaits court decision on rescue plan

(Sharecast News) - Amigo Holdings shares tanked on Friday after a temporary trading suspension was lifted, with the guarantor lender's fate hanging in the balance as it awaits a court decision on its rescue plan.

20 May 2021 20:23

TRADING UPDATES: Amigo wants suspension lift; Young's sinks to loss

19 May 2021 20:27

UPDATE: Amigo waits on court hearing judgement, shares still suspended

19 May 2021 11:51

Amigo shares suspended as crucial court hearing gets underway

11 May 2021 11:05

SMALL-CAP WINNERS & LOSERS: UK FCA to oppose Amigo scheme's sanction

11 May 2021 10:51

Amigo faces insolvency risk as FCA opposes complaints settlement

11 May 2021 07:48

FCA set to oppose Amigo Holdings rescue plan

(Sharecast News) - Amigo Holdings said on Tuesday that most of its creditors have voted in favour of a rescue scheme that will see them get less compensation for misselling than they are owed, but the Financial Conduct Authority looks set to oppose it on the basis that it's not fair.

31 Mar 2021 12:54

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Amigo Share News (AMGO)

Share Price Information for Amigo (AMGO)

IN BRIEF: Amigo asks for shares to be suspended during court hearing

High Court rejects Amigo rescue plan, shares tank

SMALL-CAP WINNERS & LOSERS: Electra to list TGI Fridays, Hotter Shoes

Amigo shares tank as it awaits court decision on rescue plan

TRADING UPDATES: Amigo wants suspension lift; Young's sinks to loss

UPDATE: Amigo waits on court hearing judgement, shares still suspended

Amigo shares suspended as crucial court hearing gets underway

SMALL-CAP WINNERS & LOSERS: UK FCA to oppose Amigo scheme's sanction

Amigo faces insolvency risk as FCA opposes complaints settlement

FCA set to oppose Amigo Holdings rescue plan

FCA approves Amigo Holdings's proposed scheme of arrangement

REPEAT: SMALL-CAP WINNERS & LOSERS: Amigo up on court approval of plan

SMALL-CAP WINNERS & LOSERS: Amigo up on court approval of claims plan

IN BRIEF: Amigo customers to vote online on claims settlement scheme

Amigo shares jump after scheme of arrangement wins FCA reprieve

SMALL-CAP WINNERS & LOSERS: Amigo gains on FCA reprieve, strong demand

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