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AMGO Amigo Holdings Plc

0.40
0.00 (0.00%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Amigo Investors - AMGO

Amigo Investors - AMGO

Share Name Share Symbol Market Stock Type
Amigo Holdings Plc AMGO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.40 08:00:00
Open Price Low Price High Price Close Price Previous Close
0.40 0.40 0.40 0.40 0.40
more quote information »
Industry Sector
NONEQUITY INVESTMENT INSTRUMENTS

Top Investor Posts

Top Posts
Posted at 04/9/2024 10:30 by luckyabbeygale
Shocking that anyone actually buys junk like this. All the worst fundamental shares seem to have the best rises. Just like UKOG from 0.12 to 1p. It happens just for the average investor to miss out.
Posted at 02/9/2024 08:11 by chinese investor
Whoooshh !!

Chinese Investor (AMGO) 18 Dec 2023 - 08:32:57
My Share for 2024 !
Posted at 19/6/2023 15:48 by marmar80
Amigo mcap was always higher than nsf, but in fairness 0.57m mcap is tempting. If they follow Amigo and will find an investor then easy 4-5 bags. Watching closely with a small stake in as this is a total gamble at this stage.
Posted at 09/6/2023 06:10 by tomboyb
Amigo Holdings PLC Market Update
09/06/2023 7:00am
UK Regulatory (RNS & others)

Amigo (LSE:AMGO)
Intraday Stock Chart

Friday 9 June 2023

Click Here for more Amigo Charts.
TIDMAMGO

RNS Number : 1823C

Amigo Holdings PLC

09 June 2023

9 June 2023

Amigo Holdings PLC

Market Update

Amigo Holdings PLC ("Amigo" or "the Company"), a provider of mid-cost credit in the UK, announced that it had started an orderly solvent wind-down of the business in March 2023, following an extensive but unsuccessful capital raise process. The Company has been approached by Michael Fleming, a financier and shareholder, to request an exclusivity agreement in relation to the business (the "Agreement") which Amigo has agreed to. This is to allow Mr. Fleming, to explore finding and completing a debt investment in the Company or its subsidiaries. The period of exclusivity expires on 6 September 2023. Parties interested in providing debt investment should contact investors@amigo.me in the first instance.

The Agreement will not stop the Company or its subsidiaries progressing with the disposal of assets under its wind-down plan or acting on any approach governed by the Takeover Code. Shareholders should note that there remain significant impediments to any new capital being made available to the business. In addition, establishing a new business and potentially creating value for shareholders in the longer term, has significant execution risks and will require regulatory approval. The Board recognises the very low likelihood of a successful conclusion to any discussions arising because of this Agreement but is pursuing the Agreement in line with its duties under the Companies Act to consider the interests of all stakeholders, including creditors, shareholders and employees. Under the Fallback Solution of Amigo's Scheme of Arrangement (the orderly wind down of the Amigo Loans Ltd business), there is no expected residual value for shareholders.

ENDS

Enquiries


Company
Amigo Holdings PLC investors@amigo.me
Kate Patrick Investor Relations Director
Roger Bennett Company Secretary

Media enquiries Amigoloans@lansons.com
Ed Hooper 07783 387713
Posted at 24/3/2023 15:07 by chinese investor
For firestorm911 who likes big numbers !

Chinese Investor (BARC) 27 Jun 2016 - 10:44:18
I've seen it all before!
Barclays BOUGHT 15,000 330p 06-Oct-08 £49,852.91
Barclays BOUGHT 25,000 105p 19-Jan-09 £26,380.62
Barclays BOUGHT 60,000 59p 22-Jan-09 £35,580.87
Barclays SOLD 100,000 247p 29-Apr-09 £247,395.08
Profit £135,580.70
Posted at 24/3/2023 15:02 by chinese investor
My Share For 2020 if I remember correctly !

Chinese Investor (AMGO) 10 Jan '20 - 12:19 - 3 of 23138
I've put my toe into the water !
Posted at 23/2/2023 10:13 by supercity
They will only be able to raise 45m in equity if those taking part have the ability to short the sh!t out of the shares beforehand.Considering the amount of shares currently in issue, the amount they are looking to raise and the obvious discount to market price that they will need to be able to short you could be looking at nearly 2 billion shares to get that much equity.I know there is always a bunch of mug punters who jump on a share that's ramped before any raise but I can't see there being the amount of mug investors needed to shift that many shares.Raising funds looks to be a major problem and could be a company decider.
Posted at 23/2/2023 07:21 by tomboyb
The Scheme includes a 'Preferred Solution', which is conditional on the completion of a 19:1 capital raise by 26 May 2023 (the "Capital Raise"), followed by the contribution of a minimum GBP15m payment to the Scheme Fund for creditor redress.

-- Conversations with potential investors to underwrite a GBP45m equity raise continue. To date non-binding, indicative interest for between GBP10m to GBP15m of equity and GBP10m of exchangeable notes has been received.
Posted at 18/1/2023 20:17 by jamesblonde
Any Amigo investors that are interested in taking up their rights can you post here how much you can afford or better still email Kate at investor relations
Posted at 18/1/2023 13:51 by robjh123
I'm pretty sure they are going to announce they couldn't find a suitable investor or group of investors and wind it down, I've done really well out of this share over the past year with the ups and downs and some lucky timing bought around 4p and sold over 5p a few times thanks amigos. I bought 1k of shares a couple weeks back might cash out now lose 400 quid rather than it being worth nothing...

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