Update on loan repayment
Wellnex Life Limited has announced an update regarding the repayment of $2.88 million in loans to former directors, which was due on April 20, 2026. The company is currently in advanced discussions with the former directors to extend the repayment deadlines, with a further update expected shortly. This news could impact investor sentiment due to the ongoing negotiations concerning a significant debt obligation.
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Wellnex Life Limited (ASX/AIM: WNX) ("Wellnex Life" or the "Company") announces an update to the previously announced repayment of the loans to former directors totalling $2.88m (including interest), which were due for repayment by 20 April 2026. The Company and the former directors are in advanced discussions on agreeing an extension to the previously agreed deadlines and an update will be issued shortly.
This ASX/AIM announcement has been authorised by the Board of Wellnex Life Limited (ASX/AIM:WNX).
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.