Report Publication Announcement • Jan 28, 2025
Report Publication Announcement
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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 4 582 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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