REG - RentGuarantor Hldgs - First Day of Dealings on AIM
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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 UK(1) 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 ISIN GB00BSVJ8W91.
Additionally, the Company's Ordinary Shares will be withdrawn from trading on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 UK(1) rental market:
RentGuarantor provides a professional rent guarantee service to tenants
wishing to rent property in the UK(1) 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.
(1) Currently 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
(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
(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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