RentGuarantor (RGG) , a provider of rent guarantee services to prospective tenants, marked the first day of trading on the AIM Market of the London Stock Exchange. The group's ordinary shares were admitted to AIM at 8 AM, August 15 under the ticker RGG at 10p. Simultaneously, RGG was withdrawn from the Apex segment of the Aquis Stock Exchange Growth Market.
In preparation for the move to AIM, the company implemented a 10:1 share split in June 2025, aimed to improve liquidity and broaden retail participation. At the same time, RGG raised £1.02 million to support the transition and drive further growth over the coming year through additional hiring and expanded marketing.
Paul Foy, CEO of RentGuarantor, commenting: "We are delighted to commence trading on AIM today. 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."
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, including students, benefit claimants, and retirees, aiming to provide same-day processing via its proprietary digital platform.
The combined effect of the move to LSE, share split, and recent capital raises (£1.02m in June 2025 and £455k in January 2025) should be a stronger balance sheet, expanded shareholder base, and continued growth. The company is in a rapid expansion phase, highlighted by 92% year-on-year revenue growth in its Q1 update, driven by the onboarding of 91 new partners, including 4 local councils.
Earlier in 2025, RentGuarantor reported similarly strong full-year results, with a 72% increase in turnover to £1.27m in FY24, building on similar revenue performance in FY23 and FY22. The surge in sales was driven by a 50% increase in tenant contracts, coupled with a 14% rise in the average contract price. Strong demand for RGG's services was underpinned by 165 new partnership agreements with a range of customers from across the letting sector.
With over 5.4 million households privately renting in the UK and rising, RGG expects demand for its service to grow, underpinned by proposed regulatory changes from the upcoming Renters' Rights Bill. The regulation will introduce new legislative requirements for the rental market - good news for RGG as it should drive increased demand from both tenants and landlords seeking secure and compliant rental solutions.
Overall, RGG is well-positioned for continued growth in the short-to-medium term, supported by favourable regulation, a solid pipeline of partnerships and continued business development, alongside the move to LSE AIM, a world-leading growth market.
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