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United Kingdom

Amigo Holdings PLC (AMGO.L)

AMGO.L on London Stock Exchange

224.50GBp
25 Jun 2019
Change (% chg)

-1.50 (-0.66%)
Prev Close
226.00
Open
224.50
Day's High
224.50
Day's Low
224.50
Volume
3
Avg. Vol
201,736
52-wk High
314.95
52-wk Low
145.06

Latest Key Developments (Source: Significant Developments)

Amigo Holdings Says CEO Glen Crawford Resigned As Exec Director
Friday, 14 Jun 2019 

June 14 (Reuters) - Amigo Holdings PLC ::GLEN CRAWFORD, CEO, RESIGNED AS EXECUTIVE DIRECTOR WITH IMMEDIATE EFFECT DUE TO HIS PREVIOUSLY DISCLOSED HEALTH CONDITION.NAYAN KISNADWALA IS NOW SOLE EXECUTIVE DIRECTOR OF AMIGO.CHAIRMAN, STEPHAN WILCKE, WILL TAKE ON INCREASED RESPONSIBILITY FOR LIAISING WITH EXTERNAL STAKEHOLDERS.KISNADWALA WILL REMAIN SOLE EXECUTIVE DIRECTOR UNTIL HAMISH PATON IS PROMOTED TO ROLE OF CEO AND APPOINTED AS A DIRECTOR.  Full Article

Richmond Group Says Looking Into Sale Of Part Of 61.4% Stake In Amigo Holdings
Wednesday, 12 Jun 2019 

June 12 (Reuters) - Amigo Holdings PLC ::WAS INVESTIGATING POTENTIAL SALE OF PART OF ITS C.61.4% SHAREHOLDING IN AMIGO HOLDINGS IN SECONDARY PLACEMENT.OPTED NOT TO PROCEED WITH THIS SALE AT THIS TIME, BUT CONTINUES TO ACTIVELY CONSIDER SELLING SOME SHARES IN AMIGO.ENVISAGES REMAINING SIGNIFICANT SHAREHOLDER IN AMIGO FOR LONG TERM, BUT INTENTION TO DIVERSIFY PORTFOLIO REMAINS.  Full Article

St. James's Place Discloses 5% Stake In Amigo Holdings As Of June 5 - Filing
Friday, 7 Jun 2019 

June 7 (Reuters) - Amigo Holdings PLC ::ST. JAMES'S PLACE DISCLOSES 5% STAKE IN AMIGO HOLDINGS AS OF JUNE 5 - FILING.  Full Article

Woodford Investment Management Cuts Stake In Amigo Holdings To 5.6%
Friday, 7 Jun 2019 

June 7 (Reuters) - Amigo Holdings PLC ::WOODFORD INVESTMENT MANAGEMENT CUTS STAKE IN AMIGO HOLDINGS TO 5.6% FROM 10% AS OF JUNE 5 - FILING.  Full Article

Amigo Says CEO Glen Crawford To Step Down As CEO During Summer Of 2019
Tuesday, 23 Apr 2019 

April 23 (Reuters) - Amigo Holdings PLC ::GLEN CRAWFORD, CEO, HAS TODAY NOTIFIED BOARD OF HIS INTENTION TO STEP DOWN AS CEO DURING SUMMER OF 2019.  Full Article

Amigo Holdings Does Not Intend To Make An Offer For Provident Financial
Friday, 22 Mar 2019 

March 22 (Reuters) - Amigo Holdings PLC ::AMIGO HOLDINGS PLC - RESPONSE TO PRESS SPECULATION.AMIGO HOLDINGS PLC - NO INTENTION TO MAKE AN OFFER FOR PROVIDENT FINANCIAL PLC.AMIGO HOLDINGS - BOARD OF AMIGO IS COMMITTED TO A MID-COST CREDIT STRATEGY AND AS SUCH CONFIRMS THAT IT IS NOT INTENDING TO MAKE AN OFFER FOR PROVIDENT.AMIGO HOLDINGS PLC - AFFORDABILITY CRITERIA REMAINS FUNDAMENTALLY UNCHANGED SINCE A THOROUGH REVIEW AT TIME OF OBTAINING FCA AUTHORISATION IN 2016.  Full Article

Amigo Holdings Is Adopting A Cautious Approach To Loan Book Growth Due To Brexit
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Amigo Holdings PLC ::QTRLY NET LOAN BOOK OF £695.7 MILLION (Q3 2017: £607.0 MILLION PRE IFRS 9), A 15% INCREASE YEAR-ON-YEAR.QTRLY PROFIT AFTER TAX OF £62.5 MILLION; AN INCREASE OF 63% COMPARED TO PREVIOUS YEAR.QTRLY CUSTOMER BASE OF 217,000 (Q3 2017: 169,000).QTRLY AMIGO IS ON TRACK TO MEET GUIDANCE FOR FY19, AS SET OUT AT TIME OF IPO.QTRLY WE CONTINUE TO MONITOR POTENTIAL EFFECTS OF BREXIT.ADOPTING A CAUTIOUS APPROACH TO LOAN BOOK GROWTH DUE TO BREXIT UNCERTAINTIES.AMIGO CONTINUES TO MONITOR BREXIT NEGOTIATIONS AND POTENTIAL IMPACT ON WIDER MACROECONOMIC ENVIRONMENT.  Full Article

Invesco Discloses 10.01 Pct Stake In Amigo Holdings - Filing
Monday, 4 Feb 2019 

Feb 4 (Reuters) - Amigo Holdings PLC ::INVESCO DISCLOSES 10.01% STAKE IN AMIGO HOLDINGS - FILING.  Full Article

Amigo completes debut securitisation facility, lowers cost of capital
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Amigo Holdings PLC ::AMIGO HOLDINGS PLC IS PLEASED TO ANNOUNCE COMPLETION OF ITS INAUGURAL SECURITISATION FACILITY OF £150M ( "FACILITY"), FIRST TRANSACTION OF ITS KIND IN GUARANTOR LOAN SPACE..FACILITY WILL BE DEPLOYED TO FUND NEW CUSTOMER ORIGINATIONS AS AMIGO CONTINUES TO EXPAND WITHIN UK'S NON-STANDARD FINANCE MARKET. FACILITY WILL ALSO BE USED TO REPAY DRAWINGS UNDER COMPANY'S EXISTING REVOLVING CREDIT FACILITY..FACILITY, WHICH HAS A MINIMUM THREE-YEAR TERM AND AMORTISES THEREAFTER, WILL HAVE A FUNDING RATE C. 500 BPS BELOW CURRENT COST OF COMPANY'S SENIOR SECURED NOTES AND WILL, IN TIME, LOWER AMIGO'S OVERALL AVERAGE COST OF CAPITAL..  Full Article

Amigo Holdings Adj. Profit After Tax Up 31 Pct
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Amigo Holdings PLC ::QTRLY GROWTH IN REVENUE TO £62.9 MILLION, AN INCREASE OF 47% COMPARED TO PREVIOUS YEAR.QTRLY NET LOAN BOOK OF £638.2 MILLION, UP 37% YEAR ON YEAR.QTRLY ADJUSTED PROFIT AFTER TAX OF £21.8 MILLION; AN INCREASE OF 31% COMPARED TO PREVIOUS YEAR.  Full Article

BUZZ-Amigo Holdings: Falls as top shareholder looks to sell shares

** Consumer credit provider Amigo Holdings falls 5.4% to 276p; stock erases its YTD gains