RentGuarantor Holdings PLC (AIM: RGG), a UK provider of rent guarantee and property protection services to tenants and landlords in the private rental sector, has announced the issue of 937,302 new ordinary shares to Southernwood Consulting Limited in settlement of fees owed under an engagement letter dated 17 October 2025. The shares are being issued at the warrant exercise price of 17.5 pence each, satisfying the equity fee component linked to the subsequent exercise of warrants issued alongside the company's 2025 fundraising. Admission to trading on AIM is anticipated on or around 6 November 2026, bringing total issued share capital to 169,995,795 ordinary shares.

Key Points

  • RentGuarantor Holdings PLC (AIM: RGG) is a UK-based online rent guarantee and property protection services provider
  • 937,302 new ordinary shares issued to Southernwood Consulting Limited in settlement of outstanding engagement fees
  • Shares issued at 17.5 pence each, the warrant exercise price agreed at the time of the November 2025 fundraising
  • Investors should watch for confirmation of AIM admission on or around 6 November 2026 and any further capital activity

RentGuarantor's 2025 Fundraising Raised £2.54 Million, with Warrants Generating a Further £3.56 Million

The 2025 fundraising, announced on 7 November 2025, raised gross proceeds of approximately £2.54 million through the issue of ordinary shares at 12.5 pence per share. Associated warrants, exercisable at 17.5 pence per share, were issued alongside that placing. The announcement states that all of those warrants have since been exercised, generating additional gross proceeds of approximately £3.56 million for the company. Of that figure, approximately £3.28 million was attributable to subscriptions introduced by Southernwood Consulting, which acted as a placing agent in connection with the fundraising.

Southernwood Consulting Fee Structure: 5% Cash Plus 5% Equity on Warrant Exercise

Under the terms of the 2025 engagement letter, Southernwood was entitled to a cash fee of 5% on subscriptions it introduced at the time of the fundraising, plus a further fee of 5% to be settled in equity upon the subsequent exercise of all warrants. The announcement confirms that all fees were agreed at the time of the original fundraising. The equity fee component is now being satisfied through the issue of 937,302 new ordinary shares of 10 pence each at the warrant exercise price of £0.175 per share, representing the outstanding balance of fees due under the engagement letter.

AIM Admission Expected 6 November 2026, Taking Total Voting Rights to 169,995,795

Application has been made for the new shares to be admitted to trading on the AIM market of the London Stock Exchange, with admission anticipated on or around 6 November 2026. Following admission, RentGuarantor's total issued ordinary share capital will comprise 169,995,795 ordinary shares, each carrying one voting right. The company holds no shares in treasury. Shareholders are advised that this figure serves as the denominator for calculating whether disclosure obligations under the FCA's Disclosure Guidance and Transparency Rules have been triggered by any change in their interests.

RentGuarantor's Digital Rent Guarantee Platform Serves UK Private Rental Sector

RentGuarantor operates an online rent guarantee service aimed at tenants seeking to rent property within the UK private rental sector, currently excluding Northern Ireland. Applications are processed through a bespoke, secure digital platform designed and built by the company, with the stated goal of completing same-day applications. The company's revenue model centres on providing rent guarantee and property protection services to both tenants and landlords. Investors may be watching how the company's expanded share capital affects future fundraising flexibility as it continues to develop its platform and grow its presence in the UK rental market.