RentGuarantor Hldgs - Consultancy Agreement
RNS Number : 3682Q
RentGuarantor Holdings PLC
28 June 2022
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATESAUSTRALIACANADAJAPAN, OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

 

28 June 2022

RentGuarantor Holdings PLC

 

 (the "Company" or "RentGuarantor")

 

 Consultancy Agreement

 

RentGuarantor is pleased to announce that its subsidiary, Ezylet Ltd, a company incorporated in Gibraltar, has entered into a public relations consultancy agreement with Berkeley Public Relations International Ltd ("Berkeley") on 14 June 2022, effective from 25 May 2022 ("Consultancy Agreement") for the implementation of an agreed communications strategy for RentGuarantor in the UK and internationally ("Communications Strategy and Implementation").

The Consultancy Agreement is for an initial term of 12 months.

Berkeley is headquartered in the UK (London and Reading) with subsidiaries in Germany and France, as well as a network of partners spanning Asia Pacific, North America and Latin America. There are 55 staff overall.

 

Paul Foy, CEO of RentGuarantor, says: "We're very pleased to announce the appointment of Berkeley. We believe the team at Berkeley have demonstrated a vast knowledge of the property rental sector in the UK. Their expertise will help RentGuarantor obtain the best publicity to drive our brand."

 

Commenting for Berkeley, Chris Hewitt, CEO, says: "We're delighted to have been selected to deliver the PR and communications strategy for RentGuarantor. We're confident our experience in the property sector will serve us well in growing awareness of the brand amongst key audiences in the rentals market. We look forward to working with Paul and his team, using our creative storytelling approach to achieve great results."

 

The directors of RentGuarantor accept responsibility for this announcement.

 

**ENDS**

 

For further information please contact:

RentGuarantor Holdings PLC

Paul Foy, Chief Executive Officer                                                                                  

+44 207 193 4418 

               

Alfred Henry Corporate Finance Limited (AQSE Corporate Adviser)

Nick Michaels                                                                                                                             

+44 203 772 0021

          

Optiva Securities Limited (Broker)                                                                    

Vishal Balasingham                                                                                                                            

+44 203 411 1881

 

 

About RentGuarantor Holdings Plc

 

RentGuarantor provides a rent guarantee service to tenants wishing to rent property in the UK from the Private Rental Sector ("PRS"). The rent guarantee service is an online service where applications can be managed on a secure and bespoke digital platform designed and built by RentGuarantor. RentGuarantor supplies its service to the whole of market - students, employed, and people on benefits including Universal Credit. Local authorities have a legal obligation under housing and other property related Acts of Parliament to provide tenants with a home and this is mostly achieved by paying for the tenant to reside in a PRS property. Local authorities use the guarantee service as they cannot become a guarantor. RentGuarantor's risk from rent guarantees is fully underwritten by Lloyds of London.

 

The Company's strategy is to strengthen its senior and middle management team and grow revenue in accordance with its business model. RentGuarantor sees the PRS continuing to grow with affordability to buy, coupled with lifestyle choices being the key drivers over the next 3-5 years.

RentGuarantor will rollout additional services that complement RentGuarantor's proposition, which will deliver additional revenue, and cement RentGuarantor as the leading rental guarantor company in the UK.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NEXFRMRTMTBTBJT ]]>