REG - RentGuarantor Hldgs - Conversion of Loan Notes

Rentguarantor HoldingsAnnouncement

16/09/2025 07:00

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RNS Number : 4025Z  RentGuarantor Holdings PLC  16 September 2025

 

16 September 2025

RentGuarantor Holdings PLC

 

(the "Company" or "RentGuarantor")

 

Conversion of Loan Notes

 

RentGuarantor (AIM: RGG), a provider of rent guarantee services to prospective
tenants across the socio-economic spectrum wishing to rent property in the
UK(1) private rental sector, is pleased to announce the conversion of a
principal value of £35,000 of the Company's outstanding convertible loan
notes, whose issue was originally announced on 18 November 2024 and 08 January
2025 (the "CLN").

 

Under the terms of the CLN, the price at which the new Ordinary Shares of 10p
each ("Ordinary Shares") will be issued is to be set at the lower of: (i) the
average price at which the Ordinary Shares have traded during the sixty days
prior to 29 September 2025 (being the date 10 business days after the
conversion notice); and (ii) the closing share price on 29 September 2025 (the
"Conversion Shares").

 

The CLNs being converted are held by the following directors of the Company or
their associates:

 

 CLN Holder      Principal amount of CLN to be Converted
 Graham Duncan   £15,000.00
 Kieron Becerra  £10,000.00
 David Cliff*    £10,000.00

 

* Held by Syritta Ltd, a company which is owned 51% by him with the remainder
of this company owned by his wife.

 

A further announcement will be made once the conversion price for the
Conversion Shares and the number of Conversion Shares to be issued are
established and an application has been made for the Conversion Shares to be
admitted to trading on AIM.

 

 

To engage with this announcement on our Investor Hub, please use the following
link: https://investorhub.rentguarantor.com/link/yzjL2y
(https://investorhub.rentguarantor.com/link/yzjL2y)

 

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(1) (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.

 

(1) Currently excluding Northern Ireland.

 

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