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Ondo InsurTech Plc announced that its Chairman, Mark Wood, exercised warrants over 133,500 ordinary shares at 20p per share on 8 October 2025. These new ordinary shares were subsequently issued and admitted to trading on the London Stock Exchange. Following this transaction, Mr. Wood's total interest in the company's ordinary shares is 2,334,652, representing approximately 1.7% of Ondo's issued share capital.
| Date | 9 Oct 2025 |
| Time | 10:46:36 |
| Category | Director/PDMR dealings |
| ID | 7568C |
9 October 2025
Ondo Insurtech Plc
("Ondo" or the "Company")
Director/PDMR Dealing
Ondo Insurtech (LSE: ONDO), a leading company in claims prevention technology for home insurers, announces that Mark Wood, Chairman of the Company, has on 8 October 2025 exercised warrants over a total of 133,500 Ondo ordinary shares of 5p each ("New Ordinary Shares").
New Ordinary Shares have been issued, allotted and admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange under the Company's block listing.
Following this transaction Mr. Wood is now interested in 2,334,652 ordinary shares, representing approximately 1.7 per cent 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 Charlie Hall Amber Higgs |
+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.
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1. |
Details of PDMR / person closely associated with them ("PCA"). |
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a) |
Name |
Mark Wood |
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2 |
Reason for notification |
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a) |
Position/Status |
Non-Executive Director |
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b) |
Initial Notification / amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer |
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|
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or auction monitor |
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a) |
Name |
Ondo InsurTech Plc |
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b) |
LEI |
2138005Y5QBJQMOOI719 |
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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 |
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a) |
Description of the financial |
Ordinary shares of 5 pence each |
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instrument, type of instrument |
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|
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and identification code |
ISIN: GB00BNVVGD77 |
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b) |
Nature of transaction |
Exercise of warrants for ordinary shares |
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c) |
Price(s) and volume(s) |
Price Volume 20p 133,500
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d) |
Aggregated information |
n/a |
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e) |
Date of transaction |
8 October 2025 |
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f) |
Place of transaction |
Outside of a trading venue |