Result of Subscription and Total Voting Rights

Result of Subscription

Total Voting Rights

RentGuarantor (AQSE: RGG), a provider of rent guarantee services to prospective tenants across the socio-economic spectrum wishing to rent property in the UK private rental sector, is pleased to announce the result of the subscription for new shares, first announced on 13 May 2025.

Result of Subscription

The Company has received subscriptions for a total of 4,067,910 new Ordinary shares of 10p each ("Ordinary Shares") at an issue price of 25p per Ordinary Share ("Subscription Shares") raising £1,016,977.50 before costs (the "Subscription"). The Subscription has been adjusted for the 10:1 share sub-division approved at the General Meeting held on 6 June 2025, which comes into effect today.

The net funds raised through the Subscription will be utilised to fund the expansion of the Company's business over the forthcoming year, principally in terms of the hiring of additional staff and marketing activities, as well as the provision of general working capital and for the costs associated with the Company's intended move of the public quotation for trading in its Ordinary Shares to AIM.

Admission and Total Voting Rights

An application has been made for the Subscription Shares to be admitted to trading on the AQSE Growth Market on 16 June 2025 ("Admission"). On Admission, the issued share capital of the Company will comprise 122,859,650 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 122,859,650 on Admission.

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