(Alliance News) - Amigo Holdings PLC on Friday said it has runway for approximately the next four months and is open to proposals for a reverse takeover as it gave an update on the wind-down process in its half-year results. Read More
(Alliance News) - Amigo Holdings PLC on Monday said it remains open to the idea of a reverse takeover to deliver value to shareholders after reporting a plunge in its half-year revenue. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Amigo Holdings PLC - Bournemouth, England-based mid-cost credit provider - Shares are restored to trading in London on Friday following a one-month suspension to allow for discussions with Craven House Capital PLC. Amigo is in the process of winding down its core lending business under a scheme of arrangement overseen by the UK Financial Conduct Authority, after being required to make millions of pounds in customer redress payments. The talks with Craven House were to sell Amigo's other assets and therefore preserve some value for investors. On Thursday, however, Amigo said talks for a reverse takeover by Garimon Ltd and Honeydog Ltd, investees of Craven, were terminated at the request of "various individuals". It called the outcome "disappointing news". Read More
(Alliance News) - Amigo Holdings PLC on Thursday said that talks over its proposed takeover by investee companies of Craven House Capital PLC has been terminated. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - Shares in failed consumer lender Amigo Holdings PLC were suspended from trading in London on Tuesday, as it said it is in discussions with Craven House Capital PLC for a deal that would preserve some, but not much, value for investors. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - Amigo Holdings PLC on Friday said it agreed to an exclusivity agreement with Michael Fleming to explore finding and completing a debt investment in the company or its subsidiaries. Read More
(Alliance News) - Stock prices in Europe opened mostly lower on Friday, failing to replicate a rally seen on Wall Street, where stocks were spurred on by a weak US jobless claims reading that reinforced expectations that the Federal Reserve will decide against an interest rate hike. Read More
Amigo Holdings PLC - Bournemouth, England-based mid-cost credit provider - Chief Executive Officer Danny Malone resigns on Monday but will serve a six-month notice period. Back in March, Amigo announced a wind-down of the company, and subsidiary Amigo Loans Ltd stopped lending. Company anticipates wind-down will result in no value attributable to shareholders. Read More
(Alliance News) - London's FTSE 100 traded lower on Wednesday at midday, hurt by a stubbornly high UK inflation reading and expectations for more interest rate hikes by both the Bank of England and the US Federal Reserve. Read More
Amigo Holdings PLC - Bournemouth, England-based mid-cost credit provider - Notes recent movement in its share price and confirms that "it knows of no reason for this increase." Amigo shells fell by 29% to 0.68 pence each in London on Wednesday. Over the past five business days, the stock has surged from 0.14 pence. Read More
Amigo Holdings PLC - Bournemouth, England-based mid-cost credit provider - Says four charges created between March 13, 2017 and May 17, 2019 to support the issue of the 7.625% senior secured loan notes have been satisfied. This follows the redemption of the outstanding GBP50 million of the loan notes. Read More
(Alliance News) - Amigo Holdings PLC said on Thursday its trading subsidiary Amigo Loans Ltd will stop lending immediately and is shutting down. Read More