Result of General Meeting and Issue of Equity

Ondo InsurTech PLC

09 July 2026

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (AS AMENDED) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE. THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

Terms used but not defined in this announcement have the same meaning as set out in the Company's announcement released at 4:05 pm on 22 June 2026.

9 July 2026

Ondo InsurTech Plc

("Ondo" or the "Company")

Result of General Meeting, Issue of Equity, Capital Reorganisation

 and Total Voting Rights

Ondo InsurTech Plc (LSE: ONDO), a leading provider of claims prevention technology for home insurers, is pleased to announce that at the General Meeting ("GM") held earlier today, all resolutions, as set out in the GM notice published on 24 June 2026, were duly passed on a poll. Resolutions 1-3 were passed as ordinary resolutions and resolutions 4-6 were passed as special resolutions.

The results of the poll were as follows:

	FOR	AGAINST	FOR %	AGAINST %	ABSTAIN
Ordinary Resolution 1	44,732,527	205,087	99.54	0.46	69,649
Ordinary Resolution 2	44,738,651	198,963	99.56	0.44	69,649
Ordinary Resolution 3	44,740,151	197,463	99.56	0.44	69,649
Special Resolution 4	44,729,887	205,087	99.54	0.46	72,289
Special Resolution 5	44,731,387	203,587	99.55	0.45	72,289
Special Resolution 6	44,729,887	205,087	99.54	0.46	72,289

Completion of Fundraising and Capital Reorganisation

As a result of the resolutions being passed, the Company will allot 96,710,000 New Ordinary Shares comprising 87,039,000 Placing Shares and 9,671,000 Retail Offer Shares, subject to Admission, to raise gross proceeds of £2.9 million. The Company is also today issuing unsecured Convertible Loan Notes totalling £2.0 million.

As set out in the Circular and following the passing of the Resolutions, the Capital Reorganisation will now take effect to facilitate the issuance and Admission of the New Ordinary Shares pursuant to the Fundraising. Under the Capital Reorganisation, each Existing Ordinary Share of 5 pence nominal value will be subdivided and reclassified into one New Ordinary Share of 1 pence each and one new Deferred Share of 4 pence each.

Admission

Application has been made to the London Stock Exchange for 96,710,000 New Ordinary Shares to trading on the Main Market of the London Stock Exchange. It is expected that admission will become effective and that dealings in the New Ordinary Shares will commence at 8.00 a.m. on 10 July 2026.

The New Ordinary Shares, when issued, will be fully paid and will rank pari passu in all respects with each other and with the existing Ordinary Shares of the Company, including, without limitation, the right to receive all dividends and other distributions declared, made or paid after the date of issue.

Total Voting Rights

Following Admission of the New Ordinary Shares, the Company's issued share capital will comprise 246,524,760 Ordinary Shares all carrying one voting right each. The Company does not hold any shares in treasury. Accordingly, the total number of voting rights in the Company following Admission will be 246,524,760, which may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company pursuant to the FCA's Disclosure Guidance and Transparency Rules.

Enquiries

For further information, please visit www.ondoplc.com or contact the following:

Ondo InsurTech Plc	Mark Wood, Executive Chairman Craig Foster, CEO Kevin Withington, CFO	[phone]
Singer Capital Markets (Broker & Financial Adviser)	Charles Leigh-Pemberton Jen Boorer James Todd Anastassiya Eley	[phone]
Alma Strategic Communications	Andrew Jaques Andy Bryant Hannah Campbell	[phone] or [e-mail]

 

END