07:00 Tue 24 Mar 2020
Amigo Holdings PLC - Covid-19 Trading Update
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("Amigo" or the "Company")
Covid-19 Trading Update
In light of the
The Amigo employees freed up from the pause in lending activity will transition into other teams to increase the capacity of the teams that talk to our existing customers, particularly where customers have a need for forbearance, given changes in their financial circumstance. We will reassess our approach to new lending on a regular basis.
Amigo is mindful that it has a requirement to maintain as normal a service as possible to existing customers, while also protecting the health of our employees. We have ensured as many of our employees as possible are working remotely from home, in accordance with the
The Company further confirms the Board is continuing with the Formal Sale Process and Strategic Review outlined on
Contacts:
Company
Investor Relations
Hawthorn Advisors amigo@hawthornadvisors.com
Corporate Broker and Lead Financial Adviser
RBC Capital Markets Tel: +44 (0)20 7653 4000
Marcus Jackson (Corporate Broking)
Joint Financial Adviser
Houlihan Lokey Tel: +44 (0)20 7907 4245
Senior Secured Notes
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