RNS Number : 8798N
Amigo Holdings PLC
27 September 2023
 

27 September 2023

 

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 2023 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 2023 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

% FOR

NUMBER OF VOTES
AGAINST

% AGAINST

NUMBER OF VOTES
WITHHELD

1

Receive accounts for year ended 31 March 2023

          7,205,577

84.84%

         1,287,956

15.16%

           113,559

2

Approve Directors' Remuneration Report

          6,574,540

78.22%

         1,830,219

21.78%

           202,333

3

To re-elect Jonathan Roe as a Director

          6,695,504

79.94%

         1,680,390

20.06%

           231,198

4

To re-elect Michael Bartholomeusz as a Director

          6,700,647

80.47%

         1,626,247

19.53%

           280,198

5

To re-elect Danny Malone as a Director

          6,477,287

77.79%

         1,849,607

22.21%

           280,198

6

To elect Kerry Penfold as a Director

          6,774,971

81.52%

         1,535,357

18.48%

           296,764

7

Appoint MHA as auditor

          7,122,307

84.01%

         1,355,834

15.99%

           128,951

8

Authority to set remuneration of auditor

          6,993,081

82.43%

         1,490,286

17.57%

           123,725

9

Authority to make political donations

          7,431,659

86.94%

         1,116,031

13.06%

             59,402

10

Authority for Directors to allot shares

          7,483,441

87.98%

         1,022,509

12.02%

           101,142

11

Dis-application of pre-emption rights

          6,461,342

75.46%

         2,101,348

24.54%

             44,402

12

Further dis-application of pre-emption rights

          6,514,342

76.07%

         2,049,348

23.93%

             43,402

13

Authority for the Company to purchase own ordinary shares

          8,261,901

97.16%

            241,858

2.84%

           103,333

14

Authority to call a general meeting other than an AGM on not less than 14 days' notice

          6,948,764

81.93%

         1,532,398

18.07%

           125,930

 

 

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 Monday 25 September 2023, 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 475,333,760.

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.

 

Company

 

Amigo Holdings PLC    


Roger Bennett    

Company Secretary 

 

 

Media enquiries     

Amigoloans@lansons.com

Ed Hooper      

Louis Wilson   

07783 387713  

 07950 970366

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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