1st Mar 2023 17:24
RentGuarantor Holdings PLC - London-based provider of rent guarantee services in the UK private rental sector - Joins the Apex segment of the Aquis Stock Exchange in London, effective from trading on Wednesday. Says the Apex segment "features larger, more established businesses, and enforces stricter eligibility criteria to encourage greater liquidity. Says: "This will enable RentGuarantor to further enhance its connection with investors, whilst advancing growth and upholding its commitment to the highest levels of corporate governance."
Chief Executive Officer Paul Foy says: "Our motivation to first list on AQSE was driven by the opportunity to advance growth and accelerate the business; this upgraded listing is a measure of the success we have had in doing so. We welcome the stricter requirements for companies listed on the Apex segment, notably the emphasis it places on transparency and liquidity. This robust regulatory framework will serve to strengthen the company's corporate governance and exposure to investors, ensuring that we uphold the highest standards of business as we progress our rent guarantee service."
Current stock price: 185 pence
12-month change: down 7.5%
By Greg Rosenvinge, Alliance News reporter
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