AIQ LimitedLSE: AIQ

AIQ: Loan Repayments

· Issued by AIQ Limited via RNS

Summary by 6ix

AIQ Limited paid $280,000 and £666,000 to director and significant shareholder Li Chun Chung on October 12, 2026, repaying interest-free loans he made to the company between July 5, 2024 and March 31, 2026.

Key details

  • Also on October 12, 2026, AIQ paid accrued interest on convertible loan notes (loans that can be turned into shares) executed on January 24, 2022: £54,349.42 to Li Chun Chung, £27,174.71 to Soon Beng Gee and £27,174.71 to Lee Chong Liang.
  • Li Chun Chung, Soon Beng Gee and Lee Chong Liang are treated as related parties because of their combined 38.5% shareholding and because Li Chun Chung is Executive Director.
  • Independent Non-Executive Chairman Harry Chathli considers the terms of the payments fair and reasonable for shareholders.

6ix wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/loan-repayments

AIQ Limited
13 October 2026
 

13 October 2026

AIQ Limited

(“AIQ” or the “Company”)

Repayment of Director Loans and Convertible Loan Note Interest

AIQ (LSE: AIQ) announces the repayment of loans to a director and significant shareholder and the payment of interest on convertible loan notes held by a director and significant shareholders.  

The Company paid, on 12 October 2026, $280,000 and £666,000 to Li Chun Chung, a director and significant shareholder in the Company, for repayment of the interest-free loans granted by him to the Company between 5 July 2024 and 31 March 2026.

The Company made, on 12 October 2026, the following payments of accrued interest on the convertible loan note instruments that were executed by the Company on 24 January 2022, as announced on 25 January 2022, 31 July 2023, 24 February 2025, 16 February 2026 and 6 July 2026:

  • £54,349.42 was paid to Li Chun Chung
  • £27,174.71 was paid to Soon Beng Gee
  • £27,174.71 was paid to Lee Chong Liang

Related Party Transactions

Li Chun Chung, Soon Beng Gee and Lee Chong Liang are deemed to be related parties by virtue of their combined shareholdings of 38.5% and Li Chun Chung being Executive Director of the Company. Harry Chathli, being the Independent Non-Executive Chairman, considers that the terms of the payments 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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