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ONDO INSURTECH PLC Share Issue/Capital Change 2024

Dec 20, 2024

5074_sha_2024-12-20_b6944e64-e376-414e-a62a-342581ecc1b3.html

Share Issue/Capital Change

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National Storage Mechanism | Additional information

RNS Number : 9950Q

Ondo InsurTech PLC

20 December 2024

20 December 2024

Ondo InsurTech plc

("Ondo" or the "Company")

Block Listing Application

Ondo InsurTech plc (LSE: ONDO), announces that application has been made to the Financial Conduct Authority and to the London Stock Exchange plc for 10,441,618 ordinary shares of 5 pence each in Company (the "New Option Shares") to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange under a block listing (the "Block Listing").

The Block Listing application relates to New Option Shares to be issued from time to time to satisfy the allotment of shares pursuant to share options awarded previously to employees and certain Directors of the Company under the Company's Enterprise Management Incentive Share Option Plan and other unapproved share options. 

The Block Listing is expected to become effective on 31 December 2024.  When issued, the New Option Shares will rank pari passu with the Company's existing issued ordinary shares.

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 Limited

(Broker & Financial Advisor)
Russell Cook

Nicholas Chambers

Charlie Hall
+44 (0) 20 3903 7715
Cassiopeia Services Limited

(PR & Investor Relations)
Stefania Barbaglio +44 (0) 7949 690338

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