Amigo - comment

Amigo’s General Meeting today allows shareholders to vent their frustration, and management to explain their solution (the capital raise). There are no resolutions at the meeting, and this morning’s pe-meeting statement is largely a repeat of the comments made at the Q3 results last month. Amigo continues to struggle to complete its capital raise, so moving to an orderly wind-down of the company remains a real possibility. The meeting will be streamed via zoom.

S.656 of the Companies Act requires directors to call this meeting due to the level of losses. Failure to do so would open them up to liability under the Act. 

 

Zoom Link:

https://us02web.zoom.us/j/88170326633?pwd=L2FZUUVKL0NHWFJ1d0xqUG1Md0ppUT09

Meeting ID: 881 7032 6633
Passcode: 396927

Start at 10.00 London time.

Aengus McMahonAMIGO