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Amigo Holdings PLC announced on 26 November 2025 a General Meeting for 19 December 2025 at 1:30pm to seek permission to issue new ordinary shares without pre-emption rights and at a discount of more than 10%. The company has secured a £1.5 million capital raise, introduced by Board consultant Craig Ransley, via mandatory convertible loan notes that convert into 500,000,000 new ordinary shares at 0.3p each, conditional on this approval. Amigo is also seeking to raise up to £188,100 from existing shareholders by issuing 62,700,000 new ordinary shares, also conditional on the General Meeting's resolution.
| Date | 26 Nov 2025 |
| Time | 07:00:14 |
| Category | AGMs and other meetings |
| ID | 9877I |
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
26 November 2025
Amigo Holdings PLC
("Amigo" "PLC" or the "Company")
Notice of General Meeting and Posting of Circular
Amigo announces that a circular incorporating a notice of a general meeting, to be held at 1:30pm on 19 December 2025 at Bournemouth Highcliff Marriott Hotel, 105 St Michael's Road, Bournemouth, BH2 5DU (the "General Meeting"), will shortly be posted to Amigo's shareholders (the "Circular").
Why is Amigo holding a General Meeting?
The purpose of the General Meeting is to seek permission for Amigo to issue new ordinary shares, without offering pre-emption rights to existing shareholders and to issue the new shares at a discount to the closing mid-market price on the day prior to the Capital Raise of more than 10%. Full details are set out in the Circular.
On 14 November 2025, Amigo announced that Craig Ransley, a Board consultant, had successfully introduced investors that irrevocably agreed to subscribe for a £1.5 million capital raise by the Company ("Capital Raise"). The Capital Raise will be by way of mandatory convertible loan notes that will convert into 500,000,000 new ordinary shares of 0.25p each fully paid ("Ordinary Shares") at 0.3p per share will rank pari passu in all respects with the existing issued ordinary share. The drawdown of the Capital Raise is conditional on the resolution being approved at the General Meeting.
Amigo is also seeking to raise up to £188,100 from existing shareholders by the issue of 62,700,000 new Ordinary Shares and full information will be published in due course. Completion of this raise will be conditional on the resolution being approved at the General Meeting.
How can I read the Circular?
The Circular will shortly be posted to Amigo's shareholders.
A copy of the Circular, containing more information in relation to the General Meeting, will shortly be available on Amigo's website at www.amigoplc.com/investors.
In compliance with UK Listing Rule 6.4.1R of the UK Financial Conduct Authority, the Circular will be submitted to the National Storage Mechanism and will, in due course, be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Contacts:
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Amigo Holdings PLC |
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Nick Beal |
Chief Executive |
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Sponsor |
Beaumont Cornish 0207 628 3396 |
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Broker Robert Emmet Bob Roberts
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Clear Capital Markets 0044 (0)203 8869 6080
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This announcement contains inside information for the purposes of Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). The person responsible for this announcement is Nicholas Beal, Company Secretary.
About Amigo Holdings PLC
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.
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