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The latest announcement is out from Amigo Holdings PLC ( (GB:AMGO) ).
Amigo Holdings PLC has disclosed that its chief executive, Nicholas Beal, has acquired mandatory convertible loan notes from an original subscriber, giving him the right to receive 3,666,669 new ordinary shares for a total consideration of £18,333.35, implying a price of around 0.50p per share. The purchase aligns the CEO more closely with shareholders as the company proceeds with its previously announced plan to raise up to £1.5m through mandatory convertible loan notes, which are being converted in two tranches into a total of 500 million new ordinary shares, potentially leading to significant equity dilution while bolstering Amigo’s capital structure and paving the way for future corporate actions such as a possible reverse takeover.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £0.81 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Spark’s Take on GB:AMGO Stock
According to Spark, TipRanks’ AI Analyst, GB:AMGO is a Neutral.
The score is held down primarily by very weak financial performance—especially the 2025 cash burn and revenue collapse—despite low reported debt. Technicals are supportive in the near term (price above key moving averages and positive MACD), but overbought signals temper that strength. Corporate events are mixed (fundraising and insider buying vs. subsidiary liquidations and strategic uncertainty), while valuation offers limited support due to losses and no dividend.
To see Spark’s full report on GB:AMGO stock, click here.
More about Amigo Holdings PLC
Amigo Holdings PLC is a public limited company registered in England and Wales and listed on the Official List of the London Stock Exchange. The company’s shares trade under the ticker AMGO, and it operates within the UK financial services sector, with its activities centred around consumer credit and related lending products.
Average Trading Volume: 4,947,325
Technical Sentiment Signal: Buy
Current Market Cap: £4.66M
For an in-depth examination of AMGO stock, go to TipRanks’ Overview page.