Gowin New Energy Group Limited Director Loans
November 07 2024 - 3:26AM
RNS Regulatory News
RNS Number : 3601L
Gowin New Energy Group Limited
07 November 2024
7
November 2024
Gowin New Energy Group
Limited
("Gowin"
or the "Company")
Director
Loans
Gowin announces that it has entered
into a Loan Agreement (the "Loan Agreement") with Mr
Chien Chih-Peng,
Executive Director of the
Company, pursuant to which Mr. Chien
has made available loans in aggregate of
£72,170 to the Company. Under the terms of the Loan Agreement, the
interest rate is 2% per annum and the loans are repayable by the
Company in twelve months, extendable by mutual consent.
The purpose of the loans is to
provide short term liquidity to allow the Company to satisfy its
payment obligations. Mr Chien
will continue to support the Company's working
capital requirements as and when required.
The Loan Agreement constitutes a
related party transaction under Rule 4.6 of the AQSE Growth Market
Access Rulebook. Garry Willinge and Mr Chen Chih-Lung, being the
independent directors for the purposes of this transaction,
consider that having exercised reasonable care, skill and
diligence, the related party transaction is fair and reasonable as
far as the shareholders of Gowin are concerned.
This announcement contains
information which, prior to its disclosure, was inside information
as stipulated under Regulation 11 of the Market Abuse (Amendment)
(EU Exit) Regulations 2019/310 (as amended).
The
directors of Gowin New Energy Group Limited accept responsibility
for this announcement.
For further information please visit
company's website at www.gowingrp.com or contact the
following:
Gowin New Energy Group
Limited
Garry Willinge
Tel: +852 9100
9972
Novum Securities Limited
AQSE Corporate Adviser
David Coffman / George
Duxberry
Tel: +44 (0)207 399 9400
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END
NEXFIFFALELDIIS
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