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Director loan

5 Dec 2008 13:00

RNS Number : 6318J

IQ Holdings plc

05 December 2008

IQ Holdings plc ("IQ Holdings" or the "Company")

Director Loan

The Company announces that Executive Director, Mr. Joachim Seydel, has agreed to lend to the Company the sum of £30,000 ('the Loan'). The Loan is unsecured, interest-free and will not be repaid before March 2010.

With the exception of Mr Seydel, who is involved in the transaction as a related party, the directors of IQ Holdings consider, having consulted with the Company's nominated adviser, that the terms of the Loan are fair and reasonable insofar as its shareholders are concerned.

Contacts:

Julian Green

IQ Holdings plc

Tel: 0208 099 0560

Fiona Kindness / Gerry Beaney

Grant Thornton UK LLP (Nomad)

Tel: 0207 7383 5100

Ian Callaway / Peter Manfield

SVS Securities plc (Broker)

Tel: 0207 638 5600

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUUGCPPUPRGPA

Date		Source	Headline
22nd May 2013	7:00 am	RNS	Board Change
16th Apr 2013	7:00 am	RNS	Appointment of Nomad and Broker
6th Mar 2013	6:21 pm	RNS	Holding(s) in Company
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3rd Oct 2012	7:00 am	RNS	Re Contract
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29th May 2012	1:30 pm	RNS	Directors Dealing
28th May 2012	6:19 pm	RNS	Holding(s) in Company
23rd Apr 2012	4:41 pm	RNS	Change of name
19th Apr 2012	5:18 pm	RNS	Result of AGM
19th Apr 2012	5:07 pm	RNS	Result of General Meeting
2nd Apr 2012	3:42 pm	RNS	Notice of GM & Receipt of Payment
16th Mar 2012	7:00 am	RNS	Appointment of Broker
10th Feb 2012	3:18 pm	RNS	Holding(s) in Company
3rd Feb 2012	2:10 pm	RNS	Additional Listing
24th Jan 2012	1:50 pm	RNS	Holding(s) in Company
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28th Nov 2011	7:00 am	RNS	Completion of Scheme
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