Gowin New Energy Group Limited Loan Agreements Extension (7406L)
14 September 2021 - 8:55PM
UK Regulatory
TIDMGWIN
RNS Number : 7406L
Gowin New Energy Group Limited
14 September 2021
Gowin New Energy Group Limited
("Gowin" or the "Company")
Loan Agreements Extension
Gowin announces that it has extended the repayment date of its
unsecured Loan Agreements with four shareholders (the "Loan
Agreement") who have supported the Company's development by
providing funding for its general working capital purposes. The
Company agreed with all four shareholders the terms of the Loan
Agreements will remain the same with the exception of the extension
of the repayment dates as follows:
Shareholder Name Loan Amount Repayment Date Interest
Rate
SHU HSIANG WU GBP125,000 6 November 2022 2% (per annum)
------------ ---------------- ---------------
CHENG-FENG TSAI GBP125,000 2 November 2022 2% (per annum)
------------ ---------------- ---------------
CHIEN-MING CHENG GBP125,000 3 November 2022 2% (per annum)
------------ ---------------- ---------------
CHIH-FENG CHAO GBP125,000 29 October 2022 2% (per annum)
------------ ---------------- ---------------
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.
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR),
and is disclosed in accordance with the Company's obligations under
Article 17 of MAR.
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
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END
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