REG - Ondo InsurTech PLC - Director/PDMR Shareholding

Ondo InsurTechAnnouncement

12/06/2025 07:00

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RNS Number : 4863M  Ondo InsurTech PLC  12 June 2025

12 June 2025

Ondo Insurtech Plc

("Ondo" or the "Company")

 

Director/PDMR 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 exercised warrants over 200,000 Ondo ordinary shares of 5p
each ("New Ordinary Shares").  The warrants are exercisable at a price of 20
pence per warrant and are due expire on 28 July 2025.  Mr. Morrison retains a
beneficial interest in a further 525,000 of these warrants.

 

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.

 

Together with the warrants exercised by Mr. Morrison in January 2025, he is
now interested in 3,400,000 ordinary shares, representing approximately 2.5
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)

                                             Price                      Volume

                                             20p                        200,000

 d)  Aggregated information                  n/a
 e)  Date of transaction                     11 June 2025
 f)  Place of transaction                    Outside of a trading venue

 

 

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