15 April 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 it was notified that, in order to effect a "Bed and ISA" transaction, Craig Foster, Chief Executive Officer of the Company today sold 61,082 ordinary shares of 5 pence each ("Ordinary Shares") at a price of 32.5p per share before subsequently acquiring 61,082 Ordinary Shares at 32.5p through his ISA.
In addition, Kevin Withington, Chief Financial Officer, sold on 14 April 2025 49,429 Ordinary Shares at a price of 32.5p per share and then acquired 49,429 Ordinary Shares at a price of 32.5p through his ISA.
Following these transactions Craig Fosters' interests in the Company remains unchanged at 2,449,720 Ordinary Shares, representing 1.83% of the Company's issued share capital, while Kevin Withington's interests in the Company also remains unchanged at 297,792 Ordinary Shares representing 0.22% of the Company's issued 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
| 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
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)
|
| ||||
| d)
| Aggregated information
| N/A - Single transaction
| ||||
| e)
| Date of the transaction
| 15 April 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 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
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)
|
| ||||||
| d)
| Aggregated information
|
| ||||||
| e)
| Date of the transaction
| 15 April 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
| 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
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)
|
| ||||
| d)
| Aggregated information
| N/A - Single transaction
| ||||
| e)
| Date of the transaction
| 14 April 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
| 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
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)
|
| ||||
| d)
| Aggregated information
| N/A - Single transaction
| ||||
| e)
| Date of the transaction
| 14 April 2025 | ||||
| f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
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