RentGuarantor Hldgs - Result of Subscription and Total Voting Rights
Released
Released
Announcement PDF
RNS Number : 2874M
RentGuarantor Holdings PLC
11 June 2025
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE
MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310
11 June 2025
RentGuarantor Holdings PLC
(the "Company" or "RentGuarantor")
Result of Subscription
Total Voting Rights
RentGuarantor (AQSE: RGG), a provider of rent guarantee services to prospective tenants across the socio-economic
spectrum wishing to rent property in the UK private rental sector, is pleased to announce the result of the subscription for new
shares, first announced on 13 May 2025.
Result of Subscription
The Company has received subscriptions for a total of 4,067,910 new Ordinary shares of 10p each ("Ordinary Shares") at an
issue price of 25p per Ordinary Share ("Subscription Shares") raising £1,016,977.50 before costs (the "Subscription"). The
Subscription has been adjusted for the 10:1 share sub-division approved at the General Meeting held on 6 June 2025, which
comes into effect today.
The net funds raised through the Subscription will be utilised to fund the expansion of the Company's business over the
forthcoming year, principally in terms of the hiring of additional staff and marketing activities, as well as the provision of
general working capital and for the costs associated with the Company's intended move of the public quotation for trading in
its Ordinary Shares to AIM.
Admission and Total Voting Rights
An application has been made for the Subscription Shares to be admitted to trading on the AQSE Growth Market on 16 June
2025 ("Admission"). On Admission, the issued share capital of the Company will comprise 122,859,650 Ordinary Shares with
one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of
Ordinary Shares and voting rights in the Company will be 122,859,650 on Admission.
This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.
ENDS
Sign up to the RentGuarantor Investor Hubhereto keep up to date with all company announcements and to engage with the
RentGuarantor team.
For more information, please contact:
RentGuarantor Holdings PLC
Paul Foy, Chief Executive Officer
+44 207 193 4418
Allenby Capital Limited (AQSE Corporate Adviser)
Nick Harriss
Alex Brearley
Ashur Joseph
+44 20 3328 5656
BlytheRay (Financial PR)
Megan Ray
Will Jones
+44 207 138 3204
rentguarantor@blytheray.com
About RentGuarantor
RentGuarantor provides a rent guarantee service to tenants wishing to rent property in the UK from the Private Rental Sector
("PRS"). It is an online service where applications are managed on a secure and bespoke digital platform designed and built by
the Company. The goal is to make the process as simple as possible, with applications only taking a few minutes and
RentGuarantor completing the application on the same day.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority
to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information
may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For
further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
NEXBRGDLISBDGUG
Share your feedback
Discover