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RNS Number : 1669F Ondo InsurTech PLC 15 April 2025
15 April 2025
Ondo InsurTech Plc
("Ondo" or the "Company")
Director/PDMR Dealing
Ondo InsurTech Plc (LSE: ONDO), a leading company in claims prevention
technology for home insurers, announces that it was notified that, in order to
effect a "Bed and ISA" transaction, Craig Foster, Chief Executive Officer of
the Company today sold 61,082 ordinary shares of 5 pence each ("Ordinary
Shares") at a price of 32.5p per share before subsequently acquiring 61,082
Ordinary Shares at 32.5p through his ISA.
In addition, Kevin Withington, Chief Financial Officer, sold on 14 April 2025
49,429 Ordinary Shares at a price of 32.5p per share and then acquired 49,429
Ordinary Shares at a price of 32.5p through his ISA.
Following these transactions Craig Fosters' interests in the Company remains
unchanged at 2,449,720 Ordinary Shares, representing 1.83% of the Company's
issued share capital, while Kevin Withington's interests in the Company also
remains unchanged at 297,792 Ordinary Shares representing 0.22% of the
Company's issued 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 the person discharging managerial responsibilities / person closely
associated.
a) Name Craig Foster
2 Reason for the notification
a) Position/status Chief Executive Officer and PDMR
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
Identification code ISIN: GB00BNVVGD77
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s)
Prices Volumes
32.5p 61,082
d) Aggregated information N/A - Single transaction
e) Date of the transaction 15 April 2025
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
N/A - Single transaction
e)
Date of the transaction
15 April 2025
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated.
a) Name Craig Foster
2 Reason for the notification
a) Position/status Chief Executive Officer and PDMR
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
Identification code ISIN: GB00BNVVGD77
b) Nature of the transaction Purchase of Ordinary Shares via ISA
c) Price(s) and volume(s)
Prices Volumes
32.5p 60,730
32.5p 352
d) Aggregated information
Prices Volume
32.5p 61,082
e) Date of the transaction 15 April 2025
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
Prices Volume
32.5p 61,082
e)
Date of the transaction
15 April 2025
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated.
a) Name Kevin Withington
2 Reason for the notification
a) Position/status Chief Financial Officer and PDMR
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
Identification code ISIN: GB00BNVVGD77
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s)
Prices Volumes
32.5p 49,429
d) Aggregated information N/A - Single transaction
e) Date of the transaction 14 April 2025
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
N/A - Single transaction
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated.
a) Name Kevin Withington
2 Reason for the notification
a) Position/status Chief Financial Officer and PDMR
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
Identification code ISIN: GB00BNVVGD77
b) Nature of the transaction Purchase of Ordinary Shares via ISA
c) Price(s) and volume(s)
Prices Volumes
32.5p 49,429
d) Aggregated information N/A - Single transaction
e) Date of the transaction 14 April 2025
f) Place of the transaction London Stock Exchange, Main Market (XLON)
d)
Aggregated information
N/A - Single transaction
e)
Date of the transaction
14 April 2025
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
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