The information contained within this
announcement is deemed by the Company to
constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014
as it forms part of UK domestic law by virtue of
the European
Union (Withdrawal) Act 2018. Upon the publication of this
announcement via the Regulatory Information Service,
this inside information is now considered to be in the public
domain.
29 May 2024
RentGuarantor Holdings
PLC
(the "Company" or
"RentGuarantor")
Subscription
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 that another investor has participated in the
subscription announced on 6 March 2024.
RentGuarantor has raised further gross proceeds
of £24,999.76 through the subscription of 9,124 new ordinary shares
("Subscription Shares") at the full market price of £2.74 per share
under existing unspent share authorities.
Application has been made for the Subscription
Shares to be admitted to trading on the Aquis Stock Exchange Growth
Market on or around 3 June 2024 ("Admission") and the Subscription
Shares will rank pari passu with the ordinary shares of the Company
in issue.
On Admission the Company will have 11,879,174
ordinary shares in issue, each ordinary share with one voting
right. This number should be used by shareholders as the
denominator for the calculation by which shareholders will
determine if they are required to notify their interest in, or a
change to their interest in the Company.
Ends
For further information please
contact:
RentGuarantor
Holdings PLC
Paul Foy, Chief Executive
Officer
+44 207 193 4418
Alfred Henry
Corporate Finance Limited (AQSE Corporate
Adviser)
Nick Michaels
Maya Klein
Wassink
+44 20 3772 0021
Zeus (Joint
Broker)
Simon Johnson (Corporate Broking)
James Hornigold (Investment Banking)
+44 203 829 5000
Oberon Capital
(Joint Broker)
Mike Seabrook
Nick Lovering
+44 (0) 203 179 5300
BlytheRay
(Financial PR)
Tim Blythe
Megan Ray
+44 207 138 3204
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.
RentGuarantor supplies its service to the whole
of the market - students, both from the UK and overseas, employed
people and people on benefits including Universal Credit, ensuring
that everyone has the opportunity to live in their dream rental
home.