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IN BRIEF: Amigo Holdings announces meeting to discuss capital raise

ALN

Amigo Holdings PLC - Bournemouth, England-based mid-cost credit provider - Announces a general meeting will be held on March 8. Says the main items on the agenda will be the company’s capital position and the steps taken, and being taken, to remedy it - namely the company’s ongoing capital raise process. Notes it has a responsibility to switch to its fallback solution - a wind-down - if it does not expect to complete the capital raise by May 26.

Current stock price: 3.17p, down 5.4% on Thursday afternoon in London

12-month change: down 13%

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