REG - AIQ Limited - Loan Agreement

AiqAnnouncement

04/04/2025 10:30

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RNS Number : 7264D  AIQ Limited  04 April 2025

4 April 2025

 

AIQ Limited

("AIQ" or the "Company")

 

Loan Agreement

 

AIQ (LSE: AIQ) advises that it has entered into an agreement with Li Chun
Chung, an Executive Director of the Company, for an interest-free, unsecured
loan of GBP100,000 (the "Loan Agreement"), which is re-payable upon demand.
The monies will be used by the Company for working capital purposes.

 

The Loan Agreement is deemed to be a related party transaction by virtue of
Mr. Li being an Executive Director. Harry Chathli and Dwight Mighty, being
Independent Non-Executive Chairman and Non-Executive Director of the Company
respectively, consider that the terms of the Loan Agreement are fair and
reasonable insofar as the Company's shareholders are concerned.

 

 

Enquiries

 

 AIQ Limited                                           c/o +44 (0)20 4582 3500
 Harry Chathli, Chairman

 Guild Financial Advisory Limited (Financial Adviser)  +44 (0)7973839767
 Ross Andrews

 Gracechurch Group (Financial PR)                      +44 (0)20 4582 3500
 Claire Norbury

 

 

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