REG - Ondo InsurTech PLC - Director/PDMR Shareholding

Ondo InsurTechAnnouncement

24/06/2024 07:30

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RNS Number : 4844T  Ondo InsurTech PLC  24 June 2024

24 June 2024

Ondo Insurtech Plc

("Ondo" or the "Company")

 

 

Notification of Transactions by Persons Discharging Managerial
Responsibilities ("PDMRs")

 

 

Ondo Insurtech (LSE: ONDO), a leading company in claims prevention technology
for home insurers, has been informed by Mark Wood (Chairman) and Craig Foster
(Chief Executive) of the following share purchases.

 

Mark Wood has purchased 330,000 ordinary shares of 5p each ("Ordinary Shares")
at a price of 14.8p per share.  Following this purchase Mark Wood's interest
in the Ordinary Shares is now 2,155,152 Ordinary Shares which represents
approximately 1.85 per cent of the Company's issued voting Ordinary Share
capital.

 

Craig Foster has also purchased 42,872 Ordinary Shares at a price of 14.0p per
share.  Following this purchase Craig Foster's interest in the Ordinary
Shares is now 1,986,724 Ordinary Shares which represents approximately 1.70
per cent of the Company's issued voting Ordinary Share capital.

 

 

Enquiries

 

 Ondo InsurTech Plc                 Craig Foster, CEO       +44 (0) 800 783 9866

                                    Kevin Withington, CFO
 Dowgate Capital Ltd                Russell Cook            +44 (0) 20 3903 7715

 (Broker & Financial Advisor)       Nick Chambers

                                    Charlie Hall
 Cassiopeia Services Ltd            Stefania Barbaglio       +44 (0) 7949 690338

 (PR & Investor Relations)

 

 

 

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                                                         Craig Foster

 2   Reason for notification
 a)  Position/Status                                              Chief Executive Officer

 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 instrument, type of instrument  Ordinary shares of 5 pence each
     and identification code                                      ISIN: GB00BNVVGD77

 b)  Nature of transaction                                        Purchase of Ordinary Shares

 c)  Price(s) and volume(s)                                       Purchase of 42,872 at 14.0p

 d)  Aggregated information                                       n/a

 e)  Date of transaction                                          21 June 2024

 f)  Place of transaction                                         XLON

 

 

 

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

 a)  Name                                                         Mark Wood

 2   Reason for notification
 a)  Position/Status                                              Chairman

 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 instrument, type of instrument  Ordinary shares of 5 pence each
     and identification code                                      ISIN: GB00BNVVGD77

 b)  Nature of transaction                                        Purchase of Ordinary Shares

 c)  Price(s) and volume(s)                                       Purchase of 330,000 at 14.8p

 d)  Aggregated information                                       n/a

 e)  Date of transaction                                          21 June 2024

 f)  Place of transaction                                         XLON

 

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