Source - LSE Regulatory
RNS Number : 2618V
Amigo Holdings PLC
30 November 2023
 

30 November 2023

Amigo Holdings PLC

 

("Amigo" or the "Company")

 

Board and Company Secretary Change

 

Amigo Holdings PLC, a provider of mid-cost credit in the UK that is currently in an orderly solvent wind down, announces that further to the RNS issued on 17 October 2023, Danny Malone will step down from his role as CEO and Director on 31 December 2023. He will be replaced as Chief Executive by Amigo's current Chief Financial Officer, Kerry Penfold, who will take on Chief Executive responsibilities alongside her existing role.

The Company also announces that Nicholas Beal has been appointed Company Secretary with effect from 30 November 2023, succeeding Roger Bennett who has stepped down.

The Board would like to thank Mr Bennett for his diligent services to the Company over the last 5 years.

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 Nicholas Beal, Company Secretary.

Notes to editors:

Media enquiries:                     Ed Hooper                   07783 387713

                                                       Amigoloans@lansons.com

Sponsor:                                   Beaumont Cornish      0207 628 3396

                                               

 

About Amigo Loans

Amigo is a public limited company registered in England and Wales with registered number 10024479. The Amigo Shares are listed on the Official List of the London Stock Exchange. On 23 March 2023 Amigo announced that it has ceased offering new loans, with immediate effect, and would start the orderly solvent wind-down of the business. Amigo provided guarantor loans in the UK from 2005 to 2020 and unsecured loans under the RewardRate brand from October 2022, offering access to mid‐cost credit to those who were unable to borrow from traditional lenders due to their credit histories. Amigo's back book of loans is in the process of being run off with all net proceeds due to creditors under a Court approved Scheme of Arrangement. Amigo Loans Ltd and Amigo Management Services Ltd are authorised and regulated in the UK by the Financial Conduct Authority.

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