REG - AIQ Limited - Statement re. Convertible Loan Note Facility

AiqAnnouncement

16/02/2026 07:00

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RNS Number : 0448T  AIQ Limited  16 February 2026

16 February 2026

 

AIQ Limited

("AIQ" or the "Company")

 

Statement re. Convertible Loan Note Facility

 

AIQ (LSE: AIQ) announces that Li Chun Chung, Soon Beng Gee and Lee Chong Liang
(the "Noteholders") signed agreements (the "Agreements"), dated 12 February
2026, to amend certain terms of the convertible loan note instrument that was
executed by the Company and the Noteholders on 24 January 2022 (the
"Convertible Loan Note Facility"), as announced by the Company on 25 January
2022, 31 July 2023 and 24 February 2025.

 

Under the terms of the Agreements, the expiration date of the convertible loan
notes has been extended to 1 July 2028. All other details of the Convertible
Loan Note Facility remain unchanged and are as set out in the Company's
announcement of 25 January 2022.

 

Related Party Transaction

 

The Noteholders are deemed to be related parties by virtue of their combined
shareholdings of 38.5% and Li Chun Chung being an Executive Director of the
Company. Harry Chathli and Dwight Mighty, being Independent Non-Executive
Chairman and Non-Executive Director of the Company respectively, consider that
the terms of the Agreements 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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