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RentGuarantor Holdings PLC on Friday began trading on AIM, completing its move away from the Aquis Stock Exchange Growth Market as it targets further growth in the UK private rental sector. The London-based provider of rent guarantee services in the UK private rental sector said dealings in its shares on AIM began at 8 am under the ticker RGG, with its shares simultaneously withdrawn from the Apex segment of AQSE. Shares in the company were quoted at 32.50 pence in London on Friday morning. RentGuarantor acts as a guarantor for tenants unable to provide a personal guarantor, such as a parent or relative, offering payment to landlords in the event of arrears. Its services cover domestic and overseas students, working professionals and benefit recipients, and it works with letting agents, charities, councils and universities across the UK. The company said its bespoke digital platform can process a high volume of applications and is designed to support its expansion. With more than 5.4 million households privately renting in the UK, RentGuarantor said it expects demand for its services to grow, supported by potential regulatory changes under the proposed Renters’ Rights Bill. Chief Executive Officer Paul Foy said: ‘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 look forward to updating you all as we continue the growth and development of RentGuarantor.’ In 2024, RentGuarantor reported a 72% rise in revenue, a 50% increase in tenant contracts and a 14% rise in average contract price. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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