RentGuarantor Holdings PLC Conversion of Loan Notes (2392C)
October 10 2022 - 2:00AM
UK Regulatory
TIDMRGG
RNS Number : 2392C
RentGuarantor Holdings PLC
10 October 2022
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES,
AUSTRALIA, CANADA, JAPAN, OR SOUTH AFRICA OR ANY OTHER JURISDICTION
WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
10 October 2022
RentGuarantor Holdings PLC
(the "Company" or "RentGuarantor")
Conversion of Loan Notes
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 a holder of the Company's loan notes
issued by the Company pursuant to a loan note instrument on 7 June
2022 (the "Loan Notes") has exercised his right to convert his Loan
Notes totalling GBP515,616.44 into 312,495 ordinary shares of the
Company at a conversion price of GBP1.65 per share.
Following the issue of the new shares, the Company has
11,581,175 ordinary shares of GBP1 each in issue, each carrying the
right to one vote.
The above figure of 11,581,175 should 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 Financial Conduct Authority's Disclosure and Transparency
Rules.
The directors of RentGuarantor accept responsibility for this
announcement.
-END-
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
+44 20 3772 0021
Optiva Securities Limited (Broker)
Vishal Balasingham
+44 203 411 1881
BlytheRay (Financial PR)
Tim Blythe, Megan Ray, Madeleine Gordon-Foxwell
+44 207 138 3204
About RentGuarantor Holdings Plc
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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NEXFLFIRIILDIIF
(END) Dow Jones Newswires
October 10, 2022 02:00 ET (06:00 GMT)
RentGuarantor (AQSE:RGG)
Historical Stock Chart
From May 2024 to Jun 2024
RentGuarantor (AQSE:RGG)
Historical Stock Chart
From Jun 2023 to Jun 2024