RNS Number : 4844T
Ondo InsurTech PLC
24 June 2024
 

24 June 2024

Ondo Insurtech Plc

("Ondo" or the "Company")

 

 

Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

 

 

Ondo Insurtech (LSE: ONDO), a leading company in claims prevention technology for home insurers, has been informed by Mark Wood (Chairman) and Craig Foster (Chief Executive) of the following share purchases.

 

Mark Wood has purchased 330,000 ordinary shares of 5p each ("Ordinary Shares") at a price of 14.8p per share.  Following this purchase Mark Wood's interest in the Ordinary Shares is now 2,155,152 Ordinary Shares which represents approximately 1.85 per cent of the Company's issued voting Ordinary Share capital.

 

Craig Foster has also purchased 42,872 Ordinary Shares at a price of 14.0p per share.  Following this purchase Craig Foster's interest in the Ordinary Shares is now 1,986,724 Ordinary Shares which represents approximately 1.70 per cent of the Company's issued voting Ordinary Share capital.

 

 

Enquiries

 

Ondo InsurTech Plc

Craig Foster, CEO

Kevin Withington, CFO

+44 (0) 800 783 9866

Dowgate Capital Ltd

(Broker & Financial Advisor)

Russell Cook

Nick Chambers

Charlie Hall

+44 (0) 20 3903 7715

 

Cassiopeia Services Ltd

(PR & Investor Relations)

Stefania Barbaglio

 +44 (0) 7949 690338

 

 

 

 

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

Craig Foster

 

2

Reason for notification


a)

Position/Status

Chief Executive Officer

 

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


and identification code

ISIN: GB00BNVVGD77

 

b)

Nature of transaction

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s)

Purchase of 42,872 at 14.0p

 

d)

Aggregated information

n/a

 

e)

Date of transaction

21 June 2024

 

f)

Place of transaction

XLON

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA").

 

a)

Name

Mark Wood

 

2

Reason for notification


a)

Position/Status

Chairman

 

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


and identification code

ISIN: GB00BNVVGD77

 

b)

Nature of transaction

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s)

Purchase of 330,000 at 14.8p

 

d)

Aggregated information

n/a

 

e)

Date of transaction

21 June 2024

 

f)

Place of transaction

XLON

 

 

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