RentGuarantor Hldgs - First Day of Dealings on AIM
RNS Number : 4334V
RentGuarantor Holdings PLC
15 August 2025
15 August 2025
RentGuarantor Holdings PLC
(the "Company" or "RentGuarantor")
First Day of Dealings on AIM
RentGuarantor (TIDM: RGG), a provider of rent guarantee services to prospective tenants across the socio-economic
spectrum wishing to rent property in the UK1 private rental sector, is pleased to announce that the admission of its ordinary
shares of 10 pence each ("Ordinary Shares") to trading on the AIM Market ("AIM"), a market operated by the London Stock
Exchange, will take place today ("Admission").
Dealings in the Ordinary Shares on AIM will commence at 8:00 a.m. today under the TIDM "RGG" and
ISINGB00BSVJ8W91.
Additionally, the Company's Ordinary Shares will be withdrawn from trading on the Apex Segment of the Aquis Stock
Exchange Growth Market with effect from 8.00 a.m. today, in accordance with AQSE Rule 5.3.
RentGuarantor Highlights
· An influential player in the UK1 rental market:
RentGuarantor provides a professional rent guarantee service to tenants wishing to rent property in the UK1 private
rental sector and through local authorities, offering a solution when they cannot provide a suitable personal guarantor
- like a parent or relative. The Company acts as a guarantor on behalf of these tenants, unlocking access to housing,
providing surety to landlords, and supporting parties across the rental value chain.
· Surety for landlords and tenants:
By providing payment in the event of arrears, subject to its terms and conditions, RentGuarantor offers surety for a
landlord and typically assists tenants to stay within the property, by liaising between the two parties. Should an
arrears position occur during the term of the tenancy, the Company is well-placed as guarantor, aiming to manage
situations, address problems and generate solutions, ideally for both landlord and tenant.
· Providing support across the socioeconomic spectrum:
RentGuarantor offers its service across the socioeconomic spectrum, including to domestic and overseas students, as
well as to working professionals and those receiving benefits. This enables the Company to reach a large pool of
potential tenants and landlords.
· Growing market opportunity:
With over 5.4 million households privately renting in the UK - and rising - the Board anticipates that demand for
RentGuarantor's service will expand, underpinned by proposed regulatory changes that are expected from the
Renters' Rights Bill, which the Board believes RentGuarantor is well-placed to benefit from.
· Digitally integrated platform:
RentGuarantor manages its applications via a secure and bespoke digital platform, designed and built by
RentGuarantor with the primary aim of streamlining the rental process for tenants and landlords. The platform can
process a significant volume of applications per minute - a capacity that positions the Company to handle future
growth.
· Strategic partnerships:
RentGuarantor collaborates with a significant number of letting agents, charities, councils and universities across the
UK that, by offering their clients etc. the option of using the RentGuarantor service, are helping expand the
Company's reach throughout the rental value chain, whilst providing a pipeline of new applications.
· Strong growth outlook:
RentGuarantor has demonstrated continued strong growth, with revenue increases that reflect a growing demand for
its service. In the year ended 31 December 2024, the Company recorded a 72% rise in revenue, a 50% rise in the
number of tenant contracts, and a 14% rise in average contract price. Through its admission to AIM, RentGuarantor
now has access to a world-leading growth market, and potential investor base, from which it can seek to pursue
further growth initiatives.
1Currently excluding Northern Ireland.
Paul Foy, CEO of RentGuarantor, said:
"We are delighted to commence trading on AIM today. Following a period of significant, sustained growth, it is the ideal time
to make the move to a globally renowned growth market that reflects our ambitions.
I am fortunate to lead an incredibly dedicated and talented team, and I thank them all for their hard work and commitment. I
would also like to extend our gratitude to our advisers, who have been instrumental in helping us implement this strategic
move.
To our valued shareholders and investors, thank you for your backing and belief as the Company moves into this exciting new
chapter. I look forward to updating you all as we continue the growth and development of RentGuarantor.
Lastly, to commemorate our move to AIM, we will be making a charitable donation to a cause that is extremely important to
everyone at RentGuarantor - Furnishing Futures. Furnishing Futures is a fantastic charity that fully furnishes homes for
families moving into empty housing after fleeing domestic abuse. I'm delighted that our donation will help completely furnish
a 'healing home', providing hope, dignity and safety for its new occupants."
Further information on RentGuarantor can be found in the Schedule 1 Announcement dated 18 July 2025 and its Appendix,
which are both available on the Company's website:https://investorhub.rentguarantor.com/aim-rule-26
ENDS
To engage with this announcement on our Investor Hub, please use the following
link:https://investorhub.rentguarantor.com/link/4PKowP
For more information, please contact:
RentGuarantor Holdings PLC
Paul Foy, Chief Executive Officer
+44 207 193 4418
Allenby Capital Limited (AIM Nominated Adviser and Broker)
Alex Brearley / Nick Harriss / Ashur Joseph (Corporate Finance)
Amrit Nahal / Kelly Gardiner (Sales and Corporate Broking)
+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 (currently excluding Northern
Ireland) 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 seeking to complete the application on the same day.
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END
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