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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 3 December 2024 from Fiduchi Trustees Limited (UK) (the "SIP Trustee") in relation to the purchase of 13,500 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 32.88 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.

NameTitleNumber of Partnership SharesNumber of Matching SharesTotal resulting beneficial holdingPercentage resulting beneficial holding
Craig FosterChief Executive Officer4564561,990,9861.71%
Kevin WithingtonChief Financial Officer456456294,4800.25%
1Details of the person discharging managerial responsibilities / person closely associated
a)NameCraig Foster
2Reason for the notification
a)Position/statusChief Executive Officer and PDMR
b)Initial notification /AmendmentInitial Notification
a)NameOndo InsurTech Plc
b)LEI2138005Y5QBJQMOOI719
a)Description of the financial instrument, type of instrument Identification codeOrdinary shares of 5 pence each ISIN: GB00BNVVGD77
b)Nature of the transactionPurchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the Ondo SIP.
c)Price(s) and volume(s)Prices Volumes 32.88p nil 456 456
d)Aggregated informationPrices Aggregated volume 16.44p 912
e)Date of the transaction3 December 2024
f)Place of the transactionLondon Stock Exchange, Main Market (XLON)
1Details of the person discharging managerial responsibilities / person closely associated
a)NameKevin Withington
2Reason for the notification
a)Position/statusChief Financial Officer and PDMR
b)Initial notification /AmendmentInitial Notification
a)NameOndo InsurTech Plc
b)LEI2138005Y5QBJQMOOI719
a)Description of the financial instrument, type of instrument Identification codeOrdinary shares of 5 pence each ISIN: GB00BNVVGD77
b)Nature of the transactionPurchase and allocation of Partnership and Matching Shares (no consideration), respectively, under the Ondo SIP.
c)Price(s) and volume(s)Prices Volumes 32.88p nil 456 456
d)Aggregated informationPrices Aggregated volume 16.44p 912
e)Date of the transaction3 December 2024
f)Place of the transactionLondon Stock Exchange, Main Market (XLON)

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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