TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from RentGuarantor Holdings PLC ( (GB:RGG) ).
RentGuarantor Holdings PLC has announced a conditional subscription to raise approximately £2.5 million through the issuance of new ordinary shares, with the proceeds intended to support the company’s growth and marketing efforts in alignment with the recently passed Renters’ Rights Act. This strategic move aims to enhance RentGuarantor’s market presence and operational capacity, particularly by expanding its network of partners and increasing awareness of its services among key customer segments.
More about RentGuarantor Holdings PLC
RentGuarantor Holdings PLC operates in the UK private rental sector, offering rent guarantee services to tenants. The company provides an online platform for secure and efficient application processing, aiming to simplify the rental process for tenants across various socio-economic backgrounds.
Average Trading Volume: 18,050
Technical Sentiment Signal: Sell
See more data about RGG stock on TipRanks’ Stock Analysis page.