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An update from Ondo InsurTech Plc ( (GB:ONDO) ) is now available.
Ondo InsurTech Plc announced a correction regarding the purchase price of Partnership Shares for directors under their Share Incentive Plan, setting it at 39.68 pence. The company reported the acquisition of 12,902 ordinary shares for their SIP participants, including directors Craig Foster and Kevin Withington. Additionally, Non-Executive Director Stefania Barbaglio exercised warrants over 13,175 shares, resulting in a total issued share capital of 125,697,454 ordinary shares. These transactions align with Ondo’s strategic focus on employee shareholding and enhance transparency in their share dealings.
More about Ondo InsurTech Plc
Ondo InsurTech Plc is a leader in water damage claims prevention technology for home insurers, focusing on the global expansion of their product, LeakBot. This technology is designed to prevent water damage claims in houses, which are the largest cause of home insurance claims in the USA and UK. LeakBot is a patented solution that alerts users to leaks via a mobile app and connects them with experts for repairs. Ondo partners with 21 insurance carriers in Europe and the USA and has received the London Stock Exchange Green Economy Mark for deriving a majority of income from green activities.
YTD Price Performance: -6.25%
Average Trading Volume: 899,926
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £49.04M
Find detailed analytics on ONDO stock on TipRanks’ Stock Analysis page.
