Update on Convertible Loan Note Instrument

Summary by AI BETAClose X

AIQ Limited has issued an additional £250,000 in convertible loan notes, bringing the total issued under the New Loan Note Facility to £1.25 million. The company has also extended the deadline for issuing the remaining £750,000 in loan notes to 31 August 2026, allowing for satisfactory KYC and AML checks on new noteholders who have pledged £500,000. All other terms of the facility remain unchanged.

Disclaimer*

AIQ Limited
17 August 2026
 

17 August 2026

 

AIQ Limited

("AIQ" or the "Company")

 

Update on Convertible Loan Note Instrument

 

Further to the Company's announcement of 6 July 2026, AIQ (LSE: AIQ) is pleased to announce that, on 14 August 2026, it issued further convertible loan notes of £250k to new noteholders under its convertible loan note instrument with China International Securities Ltd that was entered into on 3 July 2026 (the "New Loan Note Facility"). To date, the Company has issued convertible loan notes totalling £1.25m under the New Loan Facility.

 

The remaining loan notes of up to £750k to be issued under the New Loan Note Facility may be issued in tranches up to and including 31 August 2026. This follows the Board signing, on 14 August 2026, a deed of variation to extend the deadline for the issue of convertible loan notes under the New Loan Note Facility from 14 August 2026 to 31 August 2026 to allow sufficient time for satisfactory KYC and AML being carried out on proposed new noteholders that have pledged a total of £500k.

 

All other details of the New Loan Facility remain unchanged and are as set out in the Company's announcement of 6 July 2026.

 

 

 

 

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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