Amigo Holdings PLC, a provider of mid-cost credit in the UK that is currently in an orderly solvent wind down, has announced the Notice of its 2023 Annual General Meeting (AGM) and provided a market update. The AGM will be held on 27 September 2023 at the Bournemouth Highcliff Marriott Hotel, with the option for shareholders to attend via webcast. The Board has prepared the Notice based on the best interests of all stakeholders, without expressing a view on the future of the company. The Group has been in wind-down since March 2023 and will continue to manage the wind down unless a viable alternative solution emerges. If no alternative solution is found, a separate General Meeting will be held to seek shareholder approval for delisting the company from the London Stock Exchange and entering it into a Members Voluntary Liquidation.

The company has also provided a market update on its exclusivity agreement with Mr. Fleming. The exclusivity period of the agreement ends on 5 September 2023, and the company does not intend to extend it. The Board recognizes the low likelihood of a successful conclusion to any discussions arising from the agreement but is pursuing it in line with its duties under the Companies Act. Under the Fallback Solution of Amigo's Scheme of Arrangement, there is no expected residual value for shareholders.

Amigo has posted the Notice of the AGM to its shareholders, along with instructions on how to vote. The Notice will be available on the company's website and the National Storage Mechanism. The person responsible for the announcement is Roger Bennett, Company Secretary.

Amigo Holdings PLC is a public limited company registered in England and Wales. It has ceased offering new loans and is in the process of an orderly solvent wind-down of its business. Amigo provided guarantor loans in the UK from 2005 to 2020 and unsecured loans under the RewardRate brand from October 2022. The company's back book of loans is being run off under a Court approved Scheme of Arrangement. Amigo Loans Ltd and Amigo Management Services Ltd are authorized and regulated by the Financial Conduct Authority in the UK.