Sign In
Last checked at 
16 Sep 2025 07:00
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 UK1 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
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 UK1 (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.
Follow the stocks
