Ondo InsurTech PLC Director/PDMR Shareholding
June 24 2024 - 2:30AM
RNS Regulatory News
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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