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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ondo Insurtech Plc | LSE:ONDO | London | Ordinary Share | GB00BNVVGD77 | ORD GBP0.05 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.75 | 5.36% | 14.75 | 14.50 | 15.00 | 14.75 | 13.75 | 14.00 | 1,354,230 | 14:47:18 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 2.38M | -6.01M | -0.0695 | -2.12 | 12.74M |
TIDMONDO
RNS Number : 2887J
Ondo InsurTech PLC
15 August 2023
15 August 2023
Ondo InsurTech Plc
(" Ondo " or "the Company")
Directors / PDMR Dealing
Ondo InsurTech Plc (LON: ONDO), the InsurTech company which aims to be the leading provider of claims prevention technology for home insurers, announces that it has been notified that on 14 August 2023, Andy Morrison, Non-Executive Director of the Company, sold 600,000 ordinary shares in the Company ("Ordinary Shares") to incoming investors at a price of 30.00 pence per Ordinary Share.
Following this transaction Mr. Morrison is now interested in 3,000,000 Ordinary Shares, representing approximately 3.8 per cent of Ondo's issued ordinary share capital. At the date of admission of Ondo in March 2022, he was interested in 2,970,971 Ordinary Shares.
Commenting on the sales, Andy Morrison said, "The shares sold today correspond to those purchased by me since admission of Ondo; the proceeds are now required to fund part redemption of a mortgage. I remain committed to the Company and to my remaining holdings."
The notification below, which is made in accordance with the Market Abuse Regulation, provides further details.
The following notifications are intended to satisfy the Company's obligations under Article 19(3) of the Market Abuse Regulation.
Enquiries
For further information, please visit www.ondoplc.com or contact the following: Ondo InsurTech Plc Craig Foster, CEO +44 (0) 800 783 9866 SI Capital Ltd Nick Emerson +44 (0) 1483 413500 (Company Broker) Jon Levinson +44 (0) 20 3143 0600 Cassiopeia Services Ltd (PR & Investor Relations) Stefania Barbaglio +44 (0) 7949 690338 a) Name Andrew John Gowdy Morrison 2 Reason for notification a) Position/Status Non-Executive Director b) Initial Notification Initial Notification / amendment Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor a) Name Ondo InsurTech Plc b) LEI 2138005Y5QBJQMOOI719 Details of the transaction(s): section to be repeated 4 for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Description of the a) financial Ordinary shares of 5 pence each instrument, type of instrument and identification ISIN: GB00BNVVGD77 code b) Nature of transaction Sale of ordinary shares c) Price(s) and volume(s) Price(s) Volume(s) 30 pence 600,000 d) Aggregated information n/a e) Date of transaction 14 August 2023 f) Place of transaction London Stock Exchange, Main Market (XLON)
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END
DSHFLFVATEISLIV
(END) Dow Jones Newswires
August 15, 2023 02:30 ET (06:30 GMT)
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