Business
Director Loan £15k
Director Loan £15k.
About this update from Gowin New Energy Group Ltd.
[{"type":"text","content":"\n\n14 August 2023\n \nGowin New Energy Group Limited\n(\"Gowin\" or the \"Company\")\nDirector Loan £15k\n \nGowin announces that it has entered into a Loan Agreement (the \"Loan Agreement\") with Mr Chen Chih-Lung, the Chief Executive Officer of the Company, pursuant to which Mr Chen has made available a loan of £15,000 to the Company. Under the terms of the Loan Agreement, the interest rate is 2% per annum and the loan is repayable by the Company in twelve months, extendable by mutual consent.\n \nThe purpose of the loan is to provide short term liquidity to allow the Company to satisfy its payment obligations. Mr Chen will continue to support the Company's working capital requirements as and when required.\n \nThis announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).\n \nThe directors of Gowin New Energy Group Limited accept responsibility for this announcement.\nFor further information please visit company's website at www.gowingrp.com or contact the following:\nGowin New Energy Group Limited \nGarry Willinge\nTel: +852 9100 9972\n \nNovum Securities Limited\nAQSE Corporate Adviser\nDavid Coffman / George Duxberry\nTel: +44 (0)207 399 9400\n \n \n\n","length":2899,"tagName":"div"}]