Gowin New Energy Group Limited Director Loan GBP30K (1651I)
10 August 2021 - 8:02PM
UK Regulatory
TIDMGWIN
RNS Number : 1651I
Gowin New Energy Group Limited
10 August 2021
Gowin New Energy Group Limited
("Gowin" or the "Company")
Director Loan GBP 3 0k
Gowin 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 GBP 3 0,000 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.
The 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.
This 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).
The directors of Gowin New Energy Group Limited accept
responsibility for this announcement.
For further information please visit company's website at
www.gowingrp.com or contact the following:
Gowin New Energy Group Limited
Garry Willinge
Tel: +852 9100 9972
Novum Securities Limited
AQSE Corporate Adviser
David Coffman / Daphne Zhang / Lucy Bowden
Tel: +44 (0)207 399 9400
About Gowin New Energy Group Limited:
Gowin is engaged in the sale and investment of LED related
products based in Taiwan. In addition, Gowin is launching a new tea
trading business, focused on the collection, distribution and sale
(including auction market) of high quality Chinese Pu-erh tea and
Taiwan high-mountain tea, with benefits that include promoting
Chinese tea culture and healthy drinking in daily life.
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END
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