REG - Ondo InsurTech PLC - Share Incentive Plan Purchase

Ondo InsurTechAnnouncement

06/05/2026 07:00

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RNS Number : 1339D  Ondo InsurTech PLC  06 May 2026

6 May 2026

Ondo InsurTech Plc

("Ondo" or the "Company")

Share Incentive Plan Purchase

Director/PDMR Shareholding

Ondo InsurTech Plc (LSE: ONDO), a leading provider of claims prevention
technology for home insurers, received notification on 1 May 2026 from Fiduchi
Trustees Limited (UK) (the "SIP Trustee") in relation to the purchase of
100,790 Ondo ordinary shares of 5 pence each ("Ordinary Shares") for the
benefit of participants of the Ondo Share Incentive Plan (the "SIP"), which
includes Craig Foster and Kevin Withington, both Directors of the Company,
outlined below in accordance with the rules of the SIP (the "SIP Award").

 

The SIP is an all-employee trust arrangement approved by HM Revenue and
Customs, under which each participating employee will acquire Ordinary Shares
at the prevailing market price per share using contributions deducted from
pre-tax salary in each calendar month ("Partnership Shares"), with each
participating employee being awarded one Ordinary Share for each Partnership
Share ("Matching Shares") also acquired by the SIP.

 

Details of the number of Partnership Shares purchased by each of the Directors
at a price of 3.90 pence per Ordinary Share, and the number of Matching Shares
allocated by the SIP Trustee to the participants for no consideration, is set
out against their names in the table below.

 

 Name              Title                    Number of Partnership Shares  Number of Matching Shares  Total resulting beneficial holding  Percentage resulting beneficial holding
 Craig Foster¹     Chief Executive Officer  3,850                         3,850                      2,512,746                           1.68%
 Kevin Withington  Chief Financial Officer  3,850                         3,850                      360,818                             0.24%

 

¹ 270,000 Ordinary Shares are held by Craig Foster's wife.

 

Enquiries

 

For further information, please visit www.ondoplc.com or contact the
following:

 

 Ondo InsurTech Plc      Craig Foster, CEO        +44 (0) 800 783 9866

                         Kevin Withington, CFO
 Singer Capital Markets  Charles Leigh-Pemberton  +44 (0) 20 7496 3000

                         Jen Boorer

                         James Todd

                         Anastassiya Eley

 

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                                    Purchase and allocation of Partnership and Matching Shares (no consideration),
                                                                  respectively, under the Ondo SIP.
 c)  Price(s) and volume(s)                                       Prices  Volumes
                                                                  3.90p   3,850
                                                                  Nil     3,850
 d)  Aggregated information                                       Price  Aggregated volume
                                                                  1.95p  7,700
 e)  Date of the transaction                                      1 May 2026
 f)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

d)

Aggregated information

 Price  Aggregated volume
 1.95p  7,700

e)

Date of the transaction

1 May 2026

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 and allocation of Partnership and Matching Shares (no consideration),
                                                                  respectively, under the Ondo SIP.
 c)  Price(s) and volume(s)                                       Prices  Volumes
                                                                  3.90p   3,850
                                                                  Nil     3,850
 d)  Aggregated information                                       Price  Aggregated volume
                                                                  1.95p  7,700
 e)  Date of the transaction                                      1 May 2026
 f)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

d)

Aggregated information

 Price  Aggregated volume
 1.95p  7,700

e)

Date of the transaction

1 May 2026

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

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