Board updates

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

7 December 2020

Amigo Holdings PLC

("Amigo" or the "Company")

Board updates

Following on from the announcement made on 29 September 2020, Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in the UK, confirms that it has received confirmation from the FCA that it has approved Gary Jennison to act as CEO under the Senior Managers Regime.

The Company further confirms that, following on from the announcement made on 12 October 2020, Richard Price has today resigned as a director of the Company. Richard will step down as Chair of the Audit Committee and as a non-executive director of the Company on 16 December 2020.

Jonathan Roe, Chairman: "I have been very grateful for Richard's insight and guidance since I became Chair in October.  He had always made a very valuable contribution to all Board and Committee debates and he will be greatly missed.  I wish Richard well for the future.  We continue with our search for a replacement Chair of Audit Committee and will announce any appointment in due course."

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

Contacts:

Company

Amigo Holdings PLC        [email protected]                    

Kate Patrick                        Head of Investor Relations         

Roger Bennett                  Company Secretary

Media

Hawthorn Advisors         [email protected]

Lorna Cobbett                   Tel: +44 (0)7771 344 781

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