Amigo founder vows return to company

Board meeting
By Tom Brown
18 Aug 2020

Amigo’s estranged founder wants to return to Britain’s biggest guarantor loans provider, floating the possibility of another shareholder vote, after selling more than 40% of the company, reducing his stake to below 20%.

“In the near future I will be making a public proposal to the Amigo board for my return to the company,” Amigo founder James Benamor announced on Monday evening on Twitter. “Depending on the board’s response I may call a shareholder vote.”

The founder went on to ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial

Want to learn more? View subscription options