Directorate Change

8 November 2018

Amigo Holdings PLC

("Amigo" or the "Company")

Directorate Change

Amigo Holdings PLC (LSE:AMGO), a leading provider of guarantor loans in the UK, today announces Clare Salmon joins the Board as a Non-Executive Director.

Clare has extensive listed company experience and a strong background in marketing, having held international leadership roles at Royal London, RSA plc, Prudential, the AA, Vodafone and ITV. Clare is also an experienced Non-Executive Director with current appointments at CMC Markets plc and Swinton Group. Previous Non-Executive roles include six years on the Alliance Trust Board and four years on the Board of Codan Forsikring A/S in Denmark. 

Clare will be taking over the Chairmanship of the Remuneration Committee from the current Chairman, Stephan Wilcke, following a suitable handover period. She will also be a member of the Audit and Nomination Committees.

Stephan Wilcke, Chairman said: "The Directors are delighted to welcome Clare to the Board. Her tremendous commercial and marketing experience in customer focused businesses will be a valuable addition to our Board."

Clare Salmon, Non-Executive Director said: "I am extremely pleased to be joining Amigo's Board. I look forward to working with a successful team who are focused on delivering a quality service to meet customer needs within the mid-cost sector of the credit market."

Following the above change the total number of Directors will consist of four independent Non-Executive Directors, including the Chairman and two as Executive Directors.

This announcement contains inside information for the purposes of article 7 of Regulation 596/2014 ("MAR").

There are no additional matters that would require disclosure under LR 9.6.13R (1) to (6) in relation to this appointment.

This announcement constitutes notice by Amigo Luxembourg S.A. (the "Issuer") to the holders of the Issuer's £400,000,000 Senior Secured Notes due 2024 (for the notes issued pursuant to Rule 144A of the United States Securities Act of 1933, ISIN: XS1533928468 and Common Code: 153392846; for the notes issued pursuant to Regulation S of the United States Securities Act of 1933, ISIN: XS1533928625 and Common Code: 153392862) (the "Notes") issued pursuant to pursuant to Section 4.03(a)(3) of an indenture dated January 20, 2017 among, inter alia, the Issuer, the guarantors named therein and U.S. Bank Trustees Limited, as trustee and security agent. Amigo Holdings PLC is the indirect parent company of the Issuer. This announcement shall constitute a "Report" to holders of the Notes.

-ENDS-

Contacts:

Hawthorn Advisors 

Lorna Cobbett

Victoria Ainsworth

Tel: 020 3745 4960

[email protected]

J.P. Morgan Cazenove (Joint Corporate Broker) Tel: 020 7742 4000

Ina De

Kamalini Hull

RBC Capital Markets (Joint Corporate Broker) Tel: 020 7653 4000

Oliver Hearsey

Marcus Jackson

Notes to Editors:

About Amigo Loans

Amigo Holdings PLC ("Amigo" or the "Company") is listed on the main market of the London Stock Exchange (ticker: AMGO). Amigo is the leading company in the UK guarantor loans market and offers access to mid-cost credit to those who are unable to borrow from traditional lenders due to their credit histories.

The guarantor loan concept introduces a second individual to the lending relationship, typically a family member or friend with a stronger credit profile than the borrower. This individual acts as guarantor, undertaking to make loan payments if the borrower does not.

Amigo was founded in 2005 and has grown to become the UK's largest provider of guarantor loans, with approximately 88% UK product share as of 31 March 2018. In the process, Amigo's guarantor loan product has allowed borrowers to rebuild their credit scores and improve their ability to access credit from mainstream financial service providers.

Amigo operates within the mid-cost credit market providing a simple and transparent product - a guarantor loan at an APR of 49.9%, with no fees, early redemption penalties or any other charges.

Amigo Loans Ltd and Amigo Management Services Ltd are authorised and regulated in the UK by the Financial Conduct Authority (FCA).