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 Kevin Withington, CFO | +44 (0) 800 783 9866 |
| Dowgate Capital Ltd (Broker & Financial Advisor) | Russell Cook Charlie Hall Amber Higgs | +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 | 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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