15 Apr 2025 17:06
15 April 2025
Ondo InsurTech Plc
("Ondo" or the "Company")
Ā
Director/PDMR Dealing
Ā
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.Ā
Ā
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.Ā
Ā
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.
Ā
Ā
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 Ā |
Cassiopeia Services Ltd (PR & Investor Relations) | Stefania Barbaglio | Ā +44 (0) 7949 690338 Ā |
Ā
Ā
The information set out below is provided in accordance with the requirements of Article 19 of the Market Abuse Regulations.
Ā
1 Ā | Details of the person discharging managerial responsibilities / person closely associated. Ā | |||||
a) | Name Ā | Craig Foster | ||||
2 Ā | Reason for the notification Ā | |||||
a) Ā | Position/status Ā | Chief Executive Officer and PDMR Ā | ||||
b) Ā | Initial notification /Amendment Ā | Initial Notification | ||||
3 Ā | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ā | |||||
a) Ā | Name Ā | Ondo InsurTech Plc | ||||
b) Ā | LEI Ā | 2138005Y5QBJQMOOI719 | ||||
4 Ā | 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. Ā | |||||
a) Ā | Description of the financial instrument, type of instrument Ā Identification code Ā | Ordinary shares of 5 pence each Ā ISIN: GB00BNVVGD77 | ||||
b) Ā | Nature of the transaction Ā Ā | Sale of Ordinary Shares | ||||
c) Ā | Price(s) and volume(s) Ā | Ā
Ā Ā | ||||
d) Ā | Aggregated information Ā Ā | N/A - Single transaction Ā | ||||
e) Ā | Date of the transaction Ā | 15 April 2025 | ||||
f) Ā | Place of the transaction Ā | London Stock Exchange, Main Market (XLON) | ||||
Ā
Ā
1 Ā | Details of the person discharging managerial responsibilities / person closely associated. Ā | |||||||
a) | Name Ā | Craig Foster | ||||||
2 Ā | Reason for the notification Ā | |||||||
a) Ā | Position/status Ā | Chief Executive Officer and PDMR Ā | ||||||
b) Ā | Initial notification /Amendment Ā | Initial Notification | ||||||
3 Ā | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ā | |||||||
a) Ā | Name Ā | Ondo InsurTech Plc | ||||||
b) Ā | LEI Ā | 2138005Y5QBJQMOOI719 | ||||||
4 Ā | 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. Ā | |||||||
a) Ā | Description of the financial instrument, type of instrument Ā Identification code Ā | Ordinary Shares of 5 pence each Ā ISIN: GB00BNVVGD77 | ||||||
b) Ā | Nature of the transaction Ā Ā | Purchase of Ordinary Shares via ISA | ||||||
c) Ā | Price(s) and volume(s) Ā | Ā
Ā Ā | ||||||
d) Ā | Aggregated information Ā | Ā
Ā Ā | ||||||
e) Ā | Date of the transaction Ā | 15 April 2025 | ||||||
f) Ā | Place of the transaction Ā | London Stock Exchange, Main Market (XLON) | ||||||
Ā
Ā
1 Ā | Details of the person discharging managerial responsibilities / person closely associated. Ā | |||||
a) | Name Ā | Kevin Withington | ||||
2 Ā | Reason for the notification Ā | |||||
a) Ā | Position/status Ā | Chief Financial Officer and PDMR Ā | ||||
b) Ā | Initial notification /Amendment Ā | Initial Notification | ||||
3 Ā | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ā | |||||
a) Ā | Name Ā | Ondo InsurTech Plc | ||||
b) Ā | LEI Ā | 2138005Y5QBJQMOOI719 | ||||
4 Ā | 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. Ā | |||||
a) Ā | Description of the financial instrument, type of instrument Ā Identification code Ā | Ordinary shares of 5 pence each Ā ISIN: GB00BNVVGD77 | ||||
b) Ā | Nature of the transaction Ā Ā | Sale of Ordinary Shares | ||||
c) Ā | Price(s) and volume(s) Ā | Ā
Ā Ā | ||||
d) Ā | Aggregated information Ā Ā | N/A - Single transaction Ā | ||||
e) Ā | Date of the transaction Ā | 14 April 2025 | ||||
f) Ā | Place of the transaction Ā | London Stock Exchange, Main Market (XLON) | ||||
Ā
Ā
1 Ā | Details of the person discharging managerial responsibilities / person closely associated. Ā | |||||
a) | Name Ā | Kevin Withington | ||||
2 Ā | Reason for the notification Ā | |||||
a) Ā | Position/status Ā | Chief Financial Officer and PDMR Ā | ||||
b) Ā | Initial notification /Amendment Ā | Initial Notification | ||||
3 Ā | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ā | |||||
a) Ā | Name Ā | Ondo InsurTech Plc | ||||
b) Ā | LEI Ā | 2138005Y5QBJQMOOI719 | ||||
4 Ā | 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. Ā | |||||
a) Ā | Description of the financial instrument, type of instrument Ā Identification code Ā | Ordinary Shares of 5 pence each Ā ISIN: GB00BNVVGD77 | ||||
b) Ā | Nature of the transaction Ā Ā | Purchase of Ordinary Shares via ISA | ||||
c) Ā | Price(s) and volume(s) Ā | Ā
Ā Ā | ||||
d) Ā | Aggregated information Ā | N/A - Single transaction Ā | ||||
e) Ā | Date of the transaction Ā | 14 April 2025 | ||||
f) Ā | Place of the transaction Ā | London Stock Exchange, Main Market (XLON) | ||||
Ā
Follow the stocks