Extension of Partnership with Rob Rinder MBE
RentGuarantor Holdings PLC has extended its partnership with Rob Rinder MBE for one year, expanding his role as brand ambassador to focus on consumer and landlord education regarding guarantors. This extension coincides with anticipated demand growth driven by the upcoming Renters' Rights Act implementation on May 1, 2026. As part of the agreement, RentGuarantor is issuing Mr. Rinder 348,485 warrants to subscribe for new ordinary shares at an exercise price of 33 pence per share, with an orderly market provision for 24 months on any shares issued through warrant exercise.
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RentGuarantor (AIM: RGG), a provider of rent guarantee services to prospective tenants across the socio-economic spectrum wishing to rent property in the UK1 private rental sector, is pleased to announce an extension of its partnership with barrister, broadcaster and author Rob Rinder MBE, originally announced on 18 August 2025. Under the new agreement (the "Agreement"), which covers a period of one year, Mr Rinder will expand his role of brand ambassador to support the Company's mission to drive consumer and landlord education surrounding the important role of guarantors.
With over 5.4 million households privately renting in the UK - and rising - RentGuarantor anticipates that demand for its service will expand, underpinned by the regulatory changes from the Renters' Rights Act, due to commence implementation from 1 May 2026. Against the backdrop of this market opportunity, the partnership with Rob Rinder will continue to form a significant part of the Company's mission to further inform tenants about professional guarantors as a potential solution to help them secure a rental home, while also shining a spotlight on the benefits for landlords in a changing lettings landscape.
As part of the Agreement, RentGuarantor is issuing Mr Rinder with 348,485 warrants to subscribe for new ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") at an exercise price of 33 pence per Ordinary Share (the "Warrants"). The Warrants have a life of one year. As part of the Agreement, Mr Rinder has also agreed to an orderly market provision for 24 months from 19 February 2026 in relation to any new Ordinary Shares issued to him through the exercise of the Warrants.
Paul Foy, Chief Executive Officer, commented: "We are pleased to extend our partnership with Rob Rinder, whose profile, professionalism and commitment to consumer education continue to add significant value to our mission. As the sector prepares for the implementation of the Renters' Rights Act, his expanded role will support our efforts to raise awareness of the vital function guarantors play for both tenants and landlords.
"I am also delighted that Rob has opted to receive warrants to subscribe for shares in RentGuarantor, which is an indication of his personal investment in our company and vision. I look forward to him further sharing in our success whilst fulfilling this important ambassadorial role."
To engage with this announcement on our Investor Hub, please use the following link: https://investorhub.rentguarantor.com/link/yzXm0r
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.