Amigo Delays Conversion of Loan Notes Into 375 Million New Shares to Late January

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

Amigo Holdings PLC has updated the timetable for the conversion of Tranche 1 of its mandatory convertible loan notes into 375 million new ordinary shares, shifting the expected issuance and admission date from 20 January 2026 to on or about 27 January 2026. The new shares are expected to start trading on the London Stock Exchange’s main market on or around that date, a step that will significantly increase the company’s issued share capital and may have material implications for existing shareholders and the company’s capital structure.

The most recent analyst rating on (GB:AMGO) stock is a Hold with a £0.80 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 on the main market for listed securities, positioning Amigo within the UK’s publicly quoted financial services sector.

Average Trading Volume: 4,634,341

Technical Sentiment Signal: Buy

Current Market Cap: £5.52M

See more insights into AMGO stock on TipRanks’ Stock Analysis page.