Director/PDMR Shareholding and TVR - Replacement

About this update from Ondo Insur Tech Plc

CORRECTION The following correction has been made to the 'Share Incentive Plan Purchase, Director Share Dealing & Total Voting Rights' announcement released on 3 February 2025 at 7:00 under RNS No 5858V. The purchase price of Partnership Shares for the Directors has been corrected to 39.68 pence. All other details remain unchanged.     3 February 2025       Ondo InsurTech Plc ("Ondo" or the "Company")   Share Incentive Plan Purchase, Director Share Dealing & Total Voting Rights   Ondo InsurTech Plc (LSE: ONDO), the London-listed leader in water damage claims prevention technology for home insurers, received notification on 30 January 2025 from Fiduchi Trustees Limited (UK) (the "SIP Trustee") in relation to the purchase of 12,902 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"). The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which each participating employee will acquire Ordinary Shares at the prevailing market price per share using contributions deducted from pre-tax salary in each calendar month ("Partnership Shares"), with each participating employee being awarded one Ordinary Share for each Partnership Share ("Matching Shares") also acquired by the SIP.   Details of the number of Partnership Shares purchased by each of the Directors at a price of 39.68 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 378 378  1,992,558 1.59% Kevin Withington Chief Financial Officer 378 378 296,052 0.24%     Warrant Exercise Stefania Barbaglio, a Non-Executive Director of the Company, has today exercised warrants over 13,175 Ondo ordinary shares of 5p each.  The 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 Miss Barbaglio is now interested in 585,506 ordinary shares, representing approximately 0.47 per cent of Ondo's issued ordinary share capital.     Total Voting Rights In accordance with the Financial Conduct Authority's Disclosure and Transparency Rule 5.6.1, the Company is pleased to provide an update on its Shares in Issue and Total Voting Rights. During the month of January 2025, 4,473,170 new ordinary shares of 5 pence each have been issued pursuant to warrant and option exercises and these shares were admitted to trading under the Company's block listing arrangement. The Company's issued share capital as of 31 January 2025 comprises of 125,697,454 Ordinary Shares of 5 pence each. The Company holds no shares in treasury. Each Ordinary Share carries the right to one vote in relation to all circumstances at general meetings of the Company. The total number of voting rights in the Company is therefore 125,697,454. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.   Enquiries   For further information, please visit www.ondoplc.com   or contact the following:   Ondo InsurTech Plc Craig Foster, CEO Kevin Withington, CFO +44 (0) 800 783 9866 Dowgate Capital Ltd (Broker & Financial Advisor) Russell Cook Nick Chambers Charlie Hall +44 (0) 20 3903 7715   Cassiopeia Services Ltd (PR & Investor Relations) Stefania Barbaglio +44 (0) 7949 690338       About Ondo InsurTech PLC   Ondo is a world leading provider of claims prevention technology for home insurers.  Ondo's focus is on the global scale-up of LeakBot - claims prevention technology that prevents water damage claims in houses. Water damage is the single biggest cause of home insurance claims, accounting for $17bn of claims every year in the USA and UK combined. LeakBot is a patented self-install solution that connects to the home wireless network and, if it detects a leak, notifies the customer via the LeakBot mobile app and provides access to a team of expert LeakBot engineers to 'find and fix' the problem. Independent research by Consumer Intelligence found LeakBot can reduce the cost of water damage claims by up to 70%.   LeakBot partners with 21 insurance carriers - including Nationwide, Admiral, Direct Line Group, Hiscox, Länsförsäkringar and TopDanmark - both in Europe and the USA.   Ondo holds the coveted London Stock Exchange Green Economy Mark awarded to companies who derive the majority of their income from Green activities.   For more information, visit www.ondoplc.com   The information set out below is provided in accordance with the requirements of Article 19 of the Market Abuse Regulations.     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 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   a)   Name   Ondo InsurTech Plc b)   LEI   2138005Y5QBJQMOOI719 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   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 39.68p nil 378 378     d)   Aggregated information       Prices   Aggregated volume 19.84p 756   e)   Date of the transaction   30 January 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 and PDMR   b)   Initial notification /Amendment   Initial Notification 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   a)   Name   Ondo InsurTech Plc b)   LEI   2138005Y5QBJQMOOI719 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   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 39.68p nil 378 378     d)   Aggregated information       Prices   Aggregated volume 19.84p 756   e)   Date of the transaction   30 January 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    Stefania Barbaglio 2   Reason for the notification   a)   Position/status    Non-Executive Director b)   Initial notification /Amendment   Initial Notification 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   a)   Name   Ondo InsurTech Plc b)   LEI   2138005Y5QBJQMOOI719 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   a)   Description of the financial instrument, type of instrument   Identification code   Ordinary shares of 5 pence each   ISIN: GB00BNVVGD77  b)   Nature of the transaction     Exercise of warrants for ordinary shares c)   Price(s) and volume(s)   Exercise of Warrants over 13,175 Ordinary Shares at an exercise price of 25p warrant   d)   Aggregated information      n/a   e)   Date of the transaction   29 January 2025 f)   Place of the transaction   Outside of a trading venue  

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