Picture of Ondo InsurTech logo

ONDO Ondo InsurTech News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsHighly SpeculativeMicro CapMomentum Trap

REG - Ondo InsurTech PLC - Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250415:nRSO1669Fa&default-theme=true

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)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFLFIRSEIELIE

Recent news on Ondo InsurTech

See all news