REG - Amigo Holdings PLC - Results of the Annual General Meeting

Amigo HoldingsAnnouncement

30/09/2024 15:00

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RNS Number : 2971G  Amigo Holdings PLC  30 September 2024

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
 
    30 September 2024

 

Amigo Holdings PLC

("Amigo" or the "Company")

 

Results of the Annual General Meeting

 

Amigo Holdings PLC (LSE: AMGO), a provider of mid-cost credit in the UK that
is currently in an orderly solvent wind down, announces that at the Company's
2024 Annual General Meeting ("AGM") held earlier today at the Bournemouth
Highcliff Marriott Hotel, 105 St Michael's Road, Bournemouth BH2 5DU, all the
resolutions set out in the Notice of Annual General Meeting 2024 were passed.

In accordance with Listing Rule 9.6.2R, copies of all the resolutions passed
other than resolutions concerning ordinary business will shortly be submitted
to the National Storage Mechanism.

A summary of the results in respect of each resolution is set out below.

 Resolution                                                                         NUMBER OF VOTES  % FOR   NUMBER OF VOTES  % AGAINST  NUMBER OF VOTES

FOR
AGAINST
WITHHELD
 1       Receive accounts for year ended 31 March 2023                               16,201,983      91.80%   1,447,622       8.20%       3,587,000
 2       Approve Directors' Remuneration Report                                      16,032,453      90.96%   1,593,555       9.04%       3,610,597
 3       To re-elect Jonathan Roe as a Director                                      16,095,270      76.92%   4,830,738       23.08%      310,597
 4       To re-elect Michael Bartholomeusz as a Director                             16,075,107      76.83%   4,846,901       23.17%      314,597
 5       To elect James (Jim) McColl as a Director                                   19,386,632      92.66%   1,535,376       7.34%       314,597
 6       To re-elect Kerry Penfold as a Director                                     16,070,349      76.81%   4,851,659       23.19%      314,597
 7       Appoint MHA as auditor                                                      19,399,147      92.71%   1,525,633       7.29%       311,825
 8       Authority to set remuneration of auditor                                    19,445,198      93.02%   1,460,210       6.98%       331,197
 9       Authority to make political donations                                       18,907,567      90.33%   2,023,663       9.67%       305,375
 10      Authority for Directors to allot shares                                     19,130,058      91.42%   1,795,950       8.58%       310,597
 11      Dis-application of pre-emption rights                                       15,758,196      75.32%   5,163,812       24.68%      314,597
 12      Further dis-application of pre-emption rights                               19,058,196      91.09%   1,863,812       8.91%       314,597
 13      Authority for the Company to purchase own ordinary shares                   19,391,831      92.68%   1,532,177       7.32%       312,597
 14      Authority to call a general meeting other than an AGM on not less than 14   19,473,861      93.07%   1,450,147       6.93%       312,597
         days' notice

 

 

The Board would like to thank shareholders for their engagement ahead of the
AGM and throughout the year.

 

Notes:

1.          Votes "for" include proxy appointments which gave discretion
to the Chair of the AGM. A "vote withheld" is not a vote under English law and
is therefore the percentage of voting shares is the percentage of shares voted
and excludes shares on which votes were withheld.

2.           As at 16.30 p.m. on Thursday 26 September 2024, being the
time at which a person had to be registered in the Company's register of
members in order to vote at the AGM, the number of ordinary shares of the
Company in issue was 570,352,960.

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.

 

 

 Amigo Holdings PLC         investors@amigo.me
 Nick Beal                  Company Secretary

 Media enquiries            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 are 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.

Additional Information

This announcement is not intended to, and does not, constitute or form part of
any offer, invitation, or the solicitation of an offer to purchase, otherwise
acquire, subscribe for, sell, or otherwise dispose of, any securities, or the
solicitation of any vote or approval in any jurisdiction, pursuant to this
announcement or otherwise.

-ENDS-

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