Share Incentive Plan Purchase
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Ondo InsurTech Plc (LSE: ONDO), a leading company in claims prevention technology for home insurers, received notification on 1 October 2024 from Fiduchi Trustees Limited (UK) (the "SIP Trustee") in relation to the purchase of 31,700 Ondo ordinary shares of 5p each ("Ordinary Shares") for the benefit of participants of the Ondo Share Incentive Plan (the "SIP"), which includes Craig Foster and Kevin Withington, both Directors of the Company, outlined below in accordance with the rules of the SIP (the "SIP Award").
Details of the number of Partnership Shares purchased by each of the Directors at a price of 14.0 pence per Ordinary Share, and the number of Matching Shares allocated by the SIP Trustee to the participants for no consideration, is set out against their names in the table below.
| Name | Title | Number of Partnership Shares | Number of Matching Shares | Total resulting beneficial holding | Percentage resulting beneficial holding |
| Craig Foster | Chief Executive Officer | 1,071 | 1,071 | 1,988,866 | 1.71% |
| Kevin Withington | Chief Financial Officer | 1,071 | 1,071 | 292,380 | 0.25% |
| 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 | |||
| a) | Name | Ondo InsurTech Plc | |||
| b) | LEI | 2138005Y5QBJQMOOI719 | |||
| 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 and allocation of Partnership and Matching Shares (no consideration), respectively, under the Ondo SIP. | |||
| c) | Price(s) and volume(s) | Prices Volumes 14.0p nil 1,071 1,071 | |||
| d) | Aggregated information | Prices Aggregated volume 7.0p 2,142 | |||
| e) | Date of the transaction | 1 October 2024 | |||
| 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 | |||
| a) | Name | Ondo InsurTech Plc | |||
| b) | LEI | 2138005Y5QBJQMOOI719 | |||
| 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 and allocation of Partnership and Matching Shares (no consideration), respectively, under the Ondo SIP. | |||
| c) | Price(s) and volume(s) | Prices Volumes 14.0p nil 1,071 1,071 | |||
| d) | Aggregated information | Prices Aggregated volume 7.0p 2,142 | |||
| e) | Date of the transaction | 1 October 2024 | |||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
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