Ondo InsurTech Plc ( (GB:ONDO) ) has provided an announcement.
Ondo InsurTech Plc announced that Charlene Hill, the spouse of CEO Craig Foster, exercised warrants for 125,000 ordinary shares and subsequently sold 105,000 shares to cover associated costs. This transaction, which follows a previous fundraising event linked to the acquisition of LeakBot Limited, adjusts Craig Foster’s beneficial interests in the company, now reflecting a total shareholding of 2,448,844 shares. The announcement highlights the importance of accurate reporting of shareholdings, especially following changes in personal associations, and underscores the company’s ongoing commitment to transparency in its financial dealings.
More about Ondo InsurTech Plc
Ondo InsurTech Plc is a prominent player in the claims prevention technology sector, primarily serving home insurers. The company focuses on innovative solutions to mitigate risks and reduce claims for its clients, positioning itself as a leader in the insurtech industry.
YTD Price Performance: -10.0%
Average Trading Volume: 534,685
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £46.32M
For detailed information about ONDO stock, go to TipRanks’ Stock Analysis page.