RentGuarantor Holdings PLC Consultancy Agreement (3682Q)
28 Junio 2022 - 1:00AM
UK Regulatory
TIDMRGG
RNS Number : 3682Q
RentGuarantor Holdings PLC
28 June 2022
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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.
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END
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