Amigo Raises £188,100 in Oversubscribed WRAP Retail Offer

Amigo Holdings PLC ( (GB:AMGO) ) has shared an announcement.

Amigo Holdings has successfully completed a WRAP Retail Offer, raising gross proceeds of approximately £188,100 at an issue price of 0.3 pence per share through the issuance of 62.7 million new ordinary shares, following demand that significantly exceeded the size of the offer. Subject to shareholder approval at a general meeting and admission of the new shares to trading, expected around 24 December 2025, the company’s issued share capital will rise to 690,088,160 ordinary shares, potentially diluting existing holdings but bolstering the group’s capital base and demonstrating strong retail investor interest in its latest fundraise.

Spark’s Take on GB:AMGO Stock

According to Spark, TipRanks’ AI Analyst, GB:AMGO is a Underperform.

Amigo Holdings PLC’s overall stock score is heavily impacted by its challenging financial performance, with declining revenues and significant losses. Bearish technical indicators and concerning valuation metrics further weigh on the score. Recent corporate events, while highlighting strategic efforts, underscore financial instability and potential liquidation risks, contributing to a low overall score.

To see Spark’s full report on GB:AMGO stock, click here.

More about Amigo Holdings PLC

Amigo Holdings PLC is a UK-listed consumer credit provider focused on guarantor and other non-standard personal loans, serving borrowers who may struggle to access mainstream lending. The company operates primarily in the UK market and is listed on the London Stock Exchange under the ticker AMGO.

Average Trading Volume: 3,729,250

Technical Sentiment Signal: Buy

Current Market Cap: £2.67M

For detailed information about AMGO stock, go to TipRanks’ Stock Analysis page.