RNS Number : 9356O
Ondo InsurTech PLC
30 June 2025
 

30 June 2025

Ondo InsurTech Plc

("Ondo" or the "Company")

 

Director/PDMR Dealing

 

Ondo InsurTech Plc (LSE: ONDO), a leading company in claims prevention technology for home insurers, announces that the Company's Chairman Mark Wood, purchased 46,000 Ondo ordinary shares on 27 June 2025 at a price of 21.5 pence.

 

Following this transaction Mr Wood now has a beneficial holding of 2,201,152 Ondo ordinary shares, representing 1.6 per cent of the Company's issued ordinary share capital.

 

The Company has also been notified that that, to affect a "Bed and ISA" transaction, Craig Foster, Chief Executive, sold 163,537 Ondo ordinary shares a price of 21.25p per share on 26 June 2025 before subsequently acquiring 163,537 ordinary shares at 21.25p through his SIP on the same day.

 

Following this transaction Mr. Foster's interest remains unchanged at 2,451,842 ordinary shares, representing approximately 1.8 percent 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

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 the person discharging managerial responsibilities / person closely associated.

 

a)

Name

 

Mark Wood

2

 

Reason for the 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

 

Identification code

 

Ordinary shares of 5 pence each

 

ISIN: GB00BNVVGD77

b)

 

Nature of the transaction

 

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

Prices

Volumes

21.5p

46,000

 

 

d)

 

Aggregated information

 

 

N/A - Single transaction

 

e)

 

Date of the transaction

 

27 June 2025

f)

 

Place of the transaction

 

London Stock Exchange, Main Market (XLON)

 

 

 

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

 

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

 

Identification code

 

Ordinary shares of 5 pence each

 

ISIN: GB00BNVVGD77

b)

 

Nature of the transaction

 

 

Sale of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

Prices

Volumes

21.25p

163,537

 

 

d)

 

Aggregated information

 

 

N/A - Single transaction

 

e)

 

Date of the transaction

 

26 June 2025

f)

 

Place of the transaction

 

London Stock Exchange, Main Market (XLON)

 

 

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

 

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

 

Identification code

 

Ordinary Shares of 5 pence each

 

ISIN: GB00BNVVGD77

b)

 

Nature of the transaction

 

 

Purchase of Ordinary Shares via ISA

c)

 

Price(s) and volume(s)

 

 

Prices

Volumes

21.25p

163,537

 

 

d)

 

Aggregated information

 

N/A - Single transaction

 

e)

 

Date of the transaction

 

26 June 2025

f)

 

Place of the transaction

 

London Stock Exchange, Main Market (XLON)

 

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