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AIQ Limited announced on 5 February 2026 that it entered into an agreement on 28 January 2026 with Li Chun Chung, an Executive Director. Under this agreement, AIQ received an interest-free, unsecured loan of GBP176,000, repayable upon demand, for working capital purposes. Harry Chathli, Independent Non-Executive Chairman, and Dwight Mighty, Non-Executive Director, consider the terms of the Loan Agreement fair and reasonable for the Company's shareholders.
| Date | 5 Feb 2026 |
| Time | 11:55:29 |
| Category | Acquisitions and alliances |
| ID | 9202R |
5 February 2026
AIQ Limited
("AIQ" or the "Company")
Loan Agreement
AIQ (LSE: AIQ) advises that, on 28 January 2026, it entered into an agreement with Li Chun Chung, an Executive Director of the Company, for an interest-free, unsecured loan of GBP176,000 (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
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AIQ Limited |
c/o +44 (0)20 4582 3500 |
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Harry Chathli, Chairman |
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Guild Financial Advisory Limited (Financial Adviser) |
+44 (0)7973839767 |
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Ross Andrews |
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Gracechurch Group (Financial PR) |
+44 (0)20 4582 3500 |
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Claire Norbury |
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