REG - Ondo InsurTech PLC - Director/PDMR Shareholding

Ondo InsurTechAnnouncement

20/01/2025 15:45

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RNS Number : 0053U  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       +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                                    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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