Amigo Resources Regulatory News (AMGO)

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

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

FOR IMMEDIATE RELEASE

11 November 2020

Amigo Holdings PLC

("Amigo" or the "Company")

Update on Board Changes

Amigo Holdings PLC (LSE:AMGO), is today providing an update on the Board changes reported on 10 November 2020. Following temporary approval by the FCA, under the 12 week exemption rule, Mike Corcoran has been appointed a Director of the Company and Chief Financial Officer (CFO), with immediate effect. Mr. Corcoran replaces Nayan V. Kisnadwala, who has stepped down as CFO and a Director of the Company, with immediate effect. Mr. Kisnadwala will leave the business on 30 November 2020 after a period of handover to Mr. Corcoran.

Following the notifications above, the total number of Directors on Amigo's Board will consist of three independent Non-Executive Directors, including the Chair, and two Executive Directors.

There are no additional matters that would require disclosure under LR 9.6.13R (1) to (6) in relation to this appointment.

Contacts:

Company

Amigo Holdings PLC investors@amigo.me

Kate Patrick Head of External Affairs & Investor Relations

Roger Bennett Company Secretary

Media

Hawthorn Advisors amigo@hawthornadvisors.com

Lorna Cobbett Tel: +44 (0)20 3745 4960

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.

Senior Secured Notes

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.

ENDS