30 August 2024
Ondo InsurTech Plc
("Ondo" or the "Company")
Notice of Annual General Meeting
Ondo InsurTech Plc (LSE: ONDO), a leading company in claims prevention technology for home insurers, announces that further to the release of its audited results for the year ended 31 March 2024 on 29 July 2024, the Company confirms that the notice of annual general meeting ("AGM") is being posted to shareholders today. Copies of these documents are also available to view and download from the investor section of the Company's website https://www.ondoplc.com/investors/.
AGM Arrangements
The Company's AGM will be held at the officers of Shakespeare Martineau LLP, 6th Floor, 60 Gracechurch Street, London, EC3V 0HR at 12.00 p.m. on Monday 23 September 2024. Shareholders are encouraged to vote on the resolutions to be put to the AGM by proxy. Instructions on how to lodge a proxy vote are set out in the "Notes" section of the notice of AGM.
For further information, please visit www.ondoplc.com or contact the following:
| 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 |
About Ondo InsurTech PLC
Ondo is a world leading provider of claims prevention technology for home insurers. Ondo's focus is on the global scale-up of LeakBot - claims prevention technology that prevents water damage claims in houses. Water damage is the single biggest cause of home insurance claims, accounting for $17bn of claims every year in the USA and UK combined. LeakBot is a patented self-install solution that connects to the home wireless network and, if it detects a leak, notifies the customer via the LeakBot mobile app and provides access to a team of expert LeakBot engineers to 'find and fix' the problem. Independent research by Consumer Intelligence found LeakBot can reduce the cost of water damage claims by 70%.
LeakBot partners with 18 insurance carriers - including Nationwide, Admiral, Direct Line Group, Hiscox, Länsförsäkringar and TopDanmark - both in Europe and the USA.
Ondo holds the coveted London Stock Exchange Green Economy Mark awarded to companies who derive the majority of their income from Green activities.
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