RentGuarantor Approves Share Split Ahead of Key Subscription Update
London, 6 June 2025 – , the rent guarantee services provider listed on the AQSE Growth Market, has secured shareholder approval for a ten-for-one share split as it prepares to finalise the results of a recent funding round.
At a General Meeting held earlier today, all resolutions were passed, including a measure to sub-divide the company’s existing ordinary shares. Each £1 ordinary share will be split into ten new shares of 10 pence each, a move designed to improve liquidity and broaden retail participation in the stock.
The new shares are scheduled to begin trading on AQSE at 8:00 a.m. on 11 June 2025. Following the sub-division, RentGuarantor will have a total of 118,791,740 shares in issue, each carrying one voting right. The company confirmed it will hold no shares in treasury.
The share split comes as RentGuarantor awaits the outcome of a subscription round initially announced on 13 May. The company now expects to report the results of the capital raise around 11 June, coinciding with the listing of the new shares.
Founded to offer a digital rent guarantor service across the UK’s private rental sector, RentGuarantor operates an online platform designed to streamline the process for tenants who require a guarantor to secure housing. The service targets applicants across a wide socio-economic range and claims to provide same-day processing via its proprietary digital infrastructure.
While details of the subscription—including the total funds raised and valuation—have yet to be confirmed, the timing of the share split suggests a strategic effort to enhance marketability and investor accessibility ahead of further corporate developments.
The company said a further update on the subscription outcome will follow in due course.
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