Highlights:
- Amigo launches WRAP Retail Offer for UK shareholders, aiming to raise up to GBP 188,100.
- Shares priced at 0.3p each, approximately 42.86% below 12 December 2025 closing price.
- Offer expected to close 18 December 2025, with trading from 24 December 2025.
Amigo Holdings PLC (LSE:AMGO) has announced a WRAP Retail Offer through the Winterflood Retail Access Platform to issue up to 62,700,000 new ordinary shares at 0.3p per share, targeting existing UK shareholders. The offer is designed to raise up to GBP 188,100. The issue price reflects a 42.86% discount to the closing mid-market price of 0.525p per share on 12 December 2025.
The proceeds from the WRAP Retail Offer will be used in the same manner as previously announced mandatory convertible loan notes, though the WRAP Retail Offer is a separate transaction.
Conditions for Offer
Admission of the WRAP Retail Offer Shares to the Official List maintained by the Financial Conduct Authority (FCA) and to trading on the main market of the London Stock Exchange.
Eligibility and Participation
Eligible participants must be existing Amigo shareholders in the UK and customers of participating financial intermediaries. The minimum subscription per investor is GBP 500. Once applications are submitted via an intermediary, they cannot be withdrawn.
Amigo reserves the right to adjust the size of the offer, scale back applications, or reject subscriptions without providing a reason. The WRAP Retail Offer Shares will rank pari passu with existing ordinary shares, including entitlement to dividends declared after their issue.
Investor Considerations
The WRAP Retail Offer is made under the FSMA exemption from the requirement to publish a prospectus, and no FCA approval of a prospectus is required. Investors are reminded that investing in Amigo shares carries risks, including the potential loss of capital
Share Price Snapshot
AMGO was trading at GBX 0.53 per share as of 15 December 2025.
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