Business
Craig Ransley appointed Director & Executive Chair
Amigo Holdings PLC has appointed Craig Ransley as a Director and Executive Chair, effective immediately, following his prior role as a Board Consultant focused on exploring strategic options, including a reverse takeover in the mining sector. This appointment is conditional on a £1.5 million capital raise, with Ransley subscribing for £200,000 in new ordinary shares at 0.3507p per share, which has now been completed and admitted to the London Stock Exchange. Ransley brings extensive experience in founding and managing businesses across mining, labour hire, and industrial services sectors, and his focus will be on repositioning Amigo with opportunities in gold and rare earth mining in Africa. The company notes that while progress is being made on potential RTO candidates, there is no certainty of a transaction. Disclaimer*
About this update from Amigo Resources Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION\nFOR IMMEDIATE RELEASE\n15 December 2025\n \nAmigo Holdings PLC\n(\"Amigo\" \"PLC\" or the \"Company\")\n Appointment of Craig Ransley as a Director and Executive Chair\n \nOn 27 October 2025, Amigo announced that:\n1) Amigo had appointed Craig Ransley as a Board Consultant to help the Board the Board explore strategic options for Amigo to remain a listed company, specifically by identifying and pursuing a reverse takeover (\"RTO\") in the mining sector.\n2) Amigo had agreed that if Craig successfully introduced investors that irrevocably agree to subscribe for a £1.5 million capital raise by Amigo, that it would Amigo will pay Craig a fee of £200,000 and Craig had agreed to use the fee to subscribe for new ordinary shares in Amigo (Fee Shares) at an issue price of 0.3507p per Fee Share. \n3) conditional on the Fee Share issuance completing, that the Board expected to formally appoint Craig as a Director of Amigo, with the title Executive Chair.\nOn 14 November 2025, Amigo announced that the condition in 2 above had been met and that Craig would be subscribing for the Fee shares.\nOn 24 November 2025 and 1 December 2025, Amigo announced: that the Fee Shares had been issued to Stellar Mercator Pte Ltd (company, a based in Singapore, where Craig is the beneficial owner); and admitted to listing on the Equity Shares (Commercial Companies) Category of the Official List and to trading on the main market for listed securities of the London Stock Exchange.\nThe work on identifying potential RTO candidates continues to make meaningful progress, which would deliver some value to shareholders that would otherwise not be possible. However, there can be no certainty that an RTO will take place.\nWe are pleased to announce that Craig will join the Amigo Board as a Director and Executive Chair, effective from today.\nCraig Ransley is an accomplished Australian entrepreneur and executive with over two decades of experience founding, managing, and scaling businesses across the mining, labour hire, and industrial services sectors....