AIQ Limited Loan Agreement
January 28 2025 - 10:29AM
RNS Regulatory News
RNS Number : 0083V
AIQ Limited
28 January 2025
28
January 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. Chung 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 is
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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END
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