Block Listing Update - Warrant Plan

Summary by AI BETAClose X

Ondo InsurTech Plc has updated its block listing application, with 30,626,255 ordinary shares now exercised or lapsed out of an initial 33,037,918. The company currently has one remaining warrant program, the Fund Raising Warrants issued in May 2023, of which 2,411,663 are still to be exercised before their 22 May 2026 expiry. During the period from 1 August 2025 to 30 January 2026, 1,918,340 securities were issued under this scheme, reducing the balance from 4,330,003 to the current 2,411,663 unallotted securities.

Disclaimer*

Ondo InsurTech PLC
30 January 2026
 

30 January 2026

Ondo InsurTech plc

("Ondo" or the "Company")

 

 

Block listing Application Update

 

 

Ondo InsurTech Plc (LSE: ONDO) announces that under the Block Listing application announced on 5 July 2023 application was made for a block listing of 33,037,918 ordinary shares of 5p each ("Ordinary Shares") to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange.  The purpose of the block listing was to facilitate the future issue and admission to trading of shares pursuant to the exercise of share warrants under the various warrant instruments issued by the Company.

 

The Company has subsequently received application to exercise, or the warrants have otherwise lapsed, in respect of 30,626,255 Ordinary Shares.

 

As a result, the Company has now one warrant programme remaining in respect of the 5,191,669 Fund Raising Warrants issued in May 2023.  Of these warrants, 2,411,663 remain to be exercised on or before 22 May 2026.

 

Name of applicant:

Ondo InsurTech Plc

Name of scheme:

Fund Raise Warrants

 

Period of return:

From:

1 August 2025

To:

30 Jan 2026

 

Balance of unallotted securities under scheme(s) from previous return:

4,330,003

Plus:  The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):

0

Less:  Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

1,918,340

Equals:  Balance under scheme(s) not yet issued/allotted at end of period:

2,411,663

 

 

Enquiries

 

Ondo InsurTech Plc

Craig Foster, CEO

Kevin Withington, CFO

 

+44 (0) 800 783 9866

 

Dowgate Capital Ltd

(Joint Broker & Financial Advisor)

 

Russell Cook

Daniel Ingram

Amber Philipps

 

+44 (0) 20 3903 7715

Singer Capital Markets

(Joint Broker)

 

Charles Leigh-Pemberton

Asha Chotai

James Todd

 

+44 (0) 20 7496 3000

www.singercm.com

 

Cassiopeia Services Ltd

(PR & Investor Relations)

Stefania Barbaglio

+44 (0) 7949 690338

 

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Ondo Insurtech (ONDO)
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