Director/PDMR Shareholding

Ondo InsurTech PLC
20 January 2025
 

20 January 2025

Ondo Insurtech Plc

("Ondo" or the "Company")

 

Director share dealing

 

Ondo Insurtech (LSE: ONDO), a leading company in claims prevention technology for home insurers, announces that Andy Morrison, a Non Executive Director of the Company, has today exercised warrants over 200,000 Ondo ordinary shares of 5p each ("New Ordinary Shares").  The New Ordinary Shares have been issued, allotted and admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange under the Company's block listing.

 

Following this transaction Mr. Morrison is now interested in 3,200,000 ordinary shares, representing approximately 2.6 per cent of Ondo's issued ordinary share capital.

 

Enquiries

 

Ondo InsurTech Plc

Craig Foster, CEO

Kevin Withington, CFO

+44 (0) 800 783 9866

Dowgate Capital Ltd

(Broker & Financial Advisor)

Russell Cook

Nick Chambers

Charlie Hall

+44 (0) 20 3903 7715

 

Cassiopeia Services Ltd

(PR & Investor Relations)

Stefania Barbaglio

 +44 (0) 7949 690338

 

 

 

The information set out below is provided in accordance with the requirements of Article 19 of the Market Abuse Regulations.

 

1.

Details of PDMR / person closely associated with them ("PCA").

a)

Name

Andrew Morrison

2

Reason for notification


a)

Position/Status

Non Executive Director

b)

Initial Notification / amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer


or auction monitor


a)

Name

Ondo InsurTech Plc

b)

LEI

2138005Y5QBJQMOOI719

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial

Ordinary shares of 5 pence each


instrument, type of instrument



and identification code

ISIN: GB00BNVVGD77

b)

Nature of transaction

Exercise of warrants for ordinary shares

c)

Price(s) and volume(s)

Exercise of Warrants over 200,000 Ordinary Shares at an exercise price of 20p warrant

 

d)

Aggregated information

n/a

e)

Date of transaction

20 January 2025

f)

Place of transaction

Outside of a trading venue

 

 

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END
 
 
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