Ondo InsurTech Plc (GB:ONDO) has released an update.
Ondo InsurTech Plc, a frontrunner in home insurance claim prevention technology, has announced the purchase and allocation of shares under its Share Incentive Plan (SIP), involving company directors Craig Foster and Kevin Withington. The SIP, sanctioned by HM Revenue and Customs, allows employees to acquire shares with pre-tax salary contributions, which are matched by the company, enhancing their investment in Ondo. This move signifies the company’s commitment to employee investment and coincides with the global scale-up of their LeakBot technology, aimed at reducing costly water damage claims.
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