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On 25 June 2025, RentGuarantor Holdings PLC announced it received conversion requests for £450,247.83 of its outstanding convertible loan notes. The Company subsequently issued 1,864,056 new Ordinary Shares at an issue price of 24.15p per share. These shares are expected to be admitted to trading on the AQSE Growth Market on 30 June 2025, at which point the total number of Ordinary Shares and voting rights will be 124,723,706.
| Date | 25 Jun 2025 |
| Time | 07:00:11 |
| Category | Miscellaneous |
| ID | 2568O |
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310
25 June 2025
RentGuarantor Holdings PLC
(the "Company" or "RentGuarantor")
Conversion of Loan Notes
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 that it has received conversion requests relating to £450,247.83 of the Company's outstanding convertible loan notes.
As a result, the Company has issued a total of 1,864,056 new Ordinary shares of 10p each ("Ordinary Shares") at an issue price of 24.15p per Ordinary Share ("Conversion Shares").
An application has been made for the Conversion Shares to be admitted to trading on the AQSE Growth Market on 30 June 2025 ("Admission"). On Admission, the issued share capital of the Company will comprise 124,723,706 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 124,723,706 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
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 (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.
