Director/PDMR Shareholding
Ondo InsurTech Plc announced that its Non-Executive Chairman, Chief Executive Officer, Chief Financial Officer, and two Non-Executive Directors participated in a placing, acquiring an aggregate of 440,000 shares. Additionally, the Share Incentive Plan trustee purchased 13,992 ordinary shares for participants, with the CEO and CFO each receiving 486 partnership and matching shares at 30.9p. Following these transactions and the exercise of warrants for 1,251,507 shares, the company's issued share capital now stands at 149,898,093 ordinary shares.
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Ondo InsurTech Plc (LSE: ONDO), a leading company in claims prevention technology for home insurers, confirms that pursuant to the Company's announcement on 5 December 2025, Mark Wood (Non-Executive Chairman), Craig Foster (Chief Executive Officer), Kevin Withington (Chief Financial Officer), James Quin (Non-Executive Director) and Greig Paterson (Non-Executive Director) have participated in the Placing, details of which were announced on 4 December 2025, for an aggregate of 440,000 Placing Shares.
In addition, the Company has been informed by Fiduchi Trustees Limited (UK) (the "SIP Trustee") that on 2 December 2025 the SIP Trustee purchased 13,992 Ordinary Shares for the benefit of participants of the Ondo Share Incentive Plan (the "SIP").
The SIP is an approved all-employee trust, under which participating employees acquire Ordinary Shares at the prevailing market using contributions deducted from pre-tax salary in each calendar month ("Partnership Shares"), with each participating employee also being awarded one Ordinary Share for each Partnership Share ("Matching Shares") also acquired by the SIP. The beneficiaries of the SIP include Craig Foster and Kevin Withington who were each received 486 Partnership Shares and 486 Matching Shares Aat a price of 30.9p.
Following Admission of the Placing Shares and the SIP share purchases, the interest of the Directors' interests are now as set out below.
| Name | Current shareholding | Number of Placing Shares | Number of SIP Shares | Share-holding upon Admission | % holding upon Admission |
|---|---|---|---|---|---|
| Mark Wood | 2,334,652 | 200,000 | - | 2,534,652 | 1.69% |
| Craig Foster (1) | 2,457,280 | 40,000 | 972 | 2,498,252 | 1.67% |
| Kevin Withington | 305,352 | 40,000 | 972 | 346,324 | 0.23% |
| James Quin (2) | - | 80,000 | - | 80,000 | 0.05% |
| Greig Paterson | - | 80,000 | - | 80,000 | 0.05% |
- Aggregated with the interests of Craig Foster's wife, who holds 270,000 Ordinary Shares in the Company.
- Subscription to be undertaken by James Quin's wife. Prior to Admission, neither James Quin nor his wife hold shares in the Company.
The Company also announces that it has received notice that warrants over a further 1,251,507 Ordinary Shares have been exercised, issued and allotted and have admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange under the Company's block listing authority.
The Company's issued share capital now comprises of 149,898,093 Ordinary Shares. The Company holds no shares in treasury.
| 1 | Details of the person discharging managerial responsibilities / person closely associated. | |||||||
| a) | Name | Mark Wood | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Chairman | ||||||
| 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 | Participation in Placing, conditional on Admission | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information | N/A - Single transaction | ||||||
| e) | Date of the transaction | 5 December 2025 | ||||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||
| 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 | ||||||
| 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 | Participation in Placing, conditional on Admission | ||||||
| c) | Price(s) and volume(s) |
Nil 486 | ||||||
| d) | Aggregated information |
| ||||||
| e) | Date of the transaction | 2 December 2025 5 December 2025 | ||||||
| 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 | ||||||
| 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 | Participation in Placing, conditional on Admission | ||||||
| c) | Price(s) and volume(s) |
Nil 486 | ||||||
| d) | Aggregated information |
| ||||||
| e) | Date of the transaction | 2 December 2025 5 December 2025 | ||||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated. | |||||||
| a) | Name | Greig Paterson | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Non-Executive Director | ||||||
| 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 | Participation in Placing, conditional on Admission | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information | N/A - Single transaction | ||||||
| e) | Date of the transaction | 5 December 2025 | ||||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated. | |||||||
| a) | Name | James Quin | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Non-Executive Director | ||||||
| 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 | Participation in Placing, conditional on Admission | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information | N/A - Single transaction | ||||||
| e) | Date of the transaction | 5 December 2025 | ||||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
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