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Ondo InsurTech plc announced on 20 December 2024 an application to the Financial Conduct Authority and London Stock Exchange for a block listing of 10,441,618 ordinary shares of 5 pence each. This Block Listing is to satisfy allotments under share options previously awarded to employees and certain Directors and is expected to become effective on 31 December 2024.
| Date | 20 Dec 2024 |
| Time | 15:12:24 |
| Category | Capital structure |
| ID | 9950Q |
20 December 2024
Ondo InsurTech plc
("Ondo" or the "Company")
Block Listing Application
Ondo InsurTech plc (LSE: ONDO), announces that application has been made to the Financial Conduct Authority and to the London Stock Exchange plc for 10,441,618 ordinary shares of 5 pence each in Company (the "New Option Shares") to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange under a block listing (the "Block Listing").
The Block Listing application relates to New Option Shares to be issued from time to time to satisfy the allotment of shares pursuant to share options awarded previously to employees and certain Directors of the Company under the Company's Enterprise Management Incentive Share Option Plan and other unapproved share options.
The Block Listing is expected to become effective on 31 December 2024. When issued, the New Option Shares will rank pari passu with the Company's existing issued ordinary shares.
Enquiries
For further information, please visit www.ondoplc.com or contact the following:
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Ondo InsurTech Plc |
Craig Foster, CEO Kevin Withington, CFO
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+44 (0) 800 783 9866 |
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Dowgate Capital Limited (Broker & Financial Advisor) |
Russell Cook Nicholas Chambers Charlie Hall
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+44 (0) 20 3903 7715
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Cassiopeia Services Limited (PR & Investor Relations) |
Stefania Barbaglio |
+44 (0) 7949 690338
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