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RNS Number : 5960O Ondo InsurTech PLC 26 June 2025
26 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 on 25 June and 26 June 2025 exercised warrants over a total
of 350,000 Ondo ordinary shares of 5p each ("New Ordinary Shares") and
Stefania Barbaglio, a Non Executive Director of the Company, has on 26 June
2025 exercised warrants over 135,000 New Ordinary Shares.
The Company also announces that Miss Barbaglio has on 24 June 2025 sold
129,000 Ordinary Shares at an average price of 21p per share, the proceeds of
which will be applied to meet the exercise of the 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.
Following this transaction Mr. Morrison is now interested in 3,750,000
ordinary shares, representing approximately 2.8 per cent of Ondo's issued
ordinary share capital and Miss Barbaglio is interested in 591,506 ordinary
shares, representing 0.44 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) Charlie Hall
Amber Higgs
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 25 June 2025
f) Place of transaction Outside of a trading venue
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 150,000
d) Aggregated information n/a
e) Date of transaction 26 June 2025
f) Place of transaction Outside of a trading venue
1. Details of PDMR / person closely associated with them ("PCA").
a) Name Stefania Barbaglio
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 135,000
d) Aggregated information n/a
e) Date of transaction 26 June 2025
f) Place of transaction Outside of a trading venue
1. Details of PDMR / person closely associated with them ("PCA").
a) Name Stefania Barbaglio
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 Sale of Ordinary shares
c) Price(s) and volume(s)
Price Volume
21p 129,000
d) Aggregated information n/a
e) Date of transaction 24 June 2025
f) Place of transaction Main Market, London Stock Exchange (XLON)
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