tiprankstipranks
Trending News
More News >

Ondo InsurTech Launches Share Incentive Plan for Employees

Story Highlights
Ondo InsurTech Launches Share Incentive Plan for Employees

Confident Investing Starts Here:

Ondo InsurTech Plc ( (GB:ONDO) ) just unveiled an announcement.

Ondo InsurTech Plc announced a Share Incentive Plan (SIP) where 14,658 ordinary shares were purchased for participants, including directors Craig Foster and Kevin Withington. This plan allows employees to acquire shares using pre-tax salary contributions, with matching shares awarded for each purchased share, enhancing employee investment in the company.

More about Ondo InsurTech Plc

Ondo InsurTech Plc is a leading provider of claims prevention technology for home insurers, focusing on the global expansion of LeakBot, a technology designed to prevent water damage claims. LeakBot partners with 23 insurance carriers in Europe and the USA, and Ondo holds the London Stock Exchange Green Economy Mark for its green activities.

YTD Price Performance: -22.50%

Average Trading Volume: 520,691

Technical Sentiment Signal: Sell

Current Market Cap: £43.11M

For an in-depth examination of ONDO stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1