Loan Agreement

Summary by AI BETAClose X

AIQ Limited has entered into an interest-free, unsecured loan agreement for GBP176,000 with Li Chun Chung, an Executive Director, to be used for working capital and repayable on demand. This transaction is considered a related party transaction, but the Independent Non-Executive Chairman and Non-Executive Director deem its terms fair and reasonable for shareholders.

Disclaimer*

AIQ Limited
05 February 2026
 

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

 

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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