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Scheme of Arrangement Update

30 May 2022 16:25

RNS Number : 2912N
Amigo Holdings PLC
30 May 2022
 

30 May 2022

 

Amigo Holdings PLC

("Amigo" or the "Company")

 

Scheme of Arrangement: Judgment from second Court Hearing

 

Amigo Holdings PLC (LSE: AMGO) provides an update on the Schemes of Arrangement (the 'Schemes') of ALL Scheme Ltd ('SchemeCo') announced on 6 December 2021, following the Court sanction hearing which took place on Monday 23 May 2022.

Amigo announces that the High Court has released the Judgment confirming the that New Business Scheme has been sanctioned. The Judgment is available on www.amigoscheme.co.uk. The Court Order has been registered at Companies House and the Scheme Effective Date was 26 May 2022.

Amigo is continuing to engage constructively with the FCA to satisfy its requirements for Amigo to start lending and will update the market as soon as we are able.

 

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  investors@amigo.me

Kate Patrick Head of Investor Relations

Roger Bennett Company Secretary

 

Media enquiries Amigoloans@lansons.com 

Tom Baldock 07860 101715

Ed Hooper 07783 387713

-ENDS-

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