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AIQ Limited announced that on 12 February 2026, Li Chun Chung, Soon Beng Gee, and Lee Chong Liang (the Noteholders) signed agreements to amend the Convertible Loan Note Facility. This amendment extends the expiration date of the convertible loan notes to 1 July 2028. The Noteholders are deemed related parties, holding a combined 38.5% shareholding, with Li Chun Chung also being an Executive Director.
| Date | 16 Feb 2026 |
| Time | 07:00:05 |
| Category | Miscellaneous |
| ID | 0448T |
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
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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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