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RentGuarantor Holdings PLC - London-based provider of rent guarantee services - Redeems a principal value of £120,000 of its outstanding 2025 convertible loan notes, which were announced as issued in November 2024 and January this year. The notes are redeemed in full from the company’s cash resources under their existing terms, which include a 10% interest rate and a final repayment date of November 18. There are no further loan notes remaining in the series. The notes redeemed were held by Southpaw Ltd, with a £80,000 value, Caroline Dixon, with £20,000, and Chief Operating Officer Emma Foy, with £20,000. Dixon is the partner of Chief Executive Officer Paul Foy. CEO Foy is also the owner and ultimate beneficiary of Southpaw, a ‘substantial’ shareholder in the company. Current stock price: 16.62 pence, down 2.2% in London on Friday morning 12-month change: down 53% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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