Amigo Converts Loan Notes Into Equity as New Shares List on LSE

Amigo Holdings PLC ( (GB:AMGO) ) has issued an update.

Amigo Holdings PLC has completed the conversion of £1.125 million of its loan notes (Tranche 1) into 375 million new ordinary shares of 0.25p each, which were admitted today to the Official List and to trading on the main market of the London Stock Exchange. The new shares rank pari passu with existing ordinary shares, bringing the company’s total voting share capital to 1,065,088,160, a change that alters the equity base and provides a new denominator for shareholders assessing disclosure thresholds under the FCA’s transparency rules.

The most recent analyst rating on (GB:AMGO) stock is a Hold with a £2.00 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 (revenue collapse and significant 2025 cash burn), with only partial offset from strong but overbought technical momentum. Valuation metrics provide limited support due to a negative P/E and no dividend yield data.

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 on the main market, positioning Amigo within the UK’s quoted commercial companies universe, although this announcement provides no further detail on its specific products or services.

Average Trading Volume: 4,926,949

Technical Sentiment Signal: Buy

Current Market Cap: £19.17M

See more data about AMGO stock on TipRanks’ Stock Analysis page.