Amigo - comment

The company faces the next fence in the process of relaunching as a lender on 23/24th May in the High Court. Amigo 2.0 is the preferred option of management and has creditor support. The FCA has not requested representation at the hearing, which is a positive for the approval, but it will be the judge who makes the final decision. We anticipate that a new lender will be the scheme approved by the judge and that as bondholders, we will be allowed to participate in the required capital raising exercise.