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Ondo Insurtech (ONDO) Share News

Ondo InsurTech wins new LeakBot contract with Danish insurer

16th Jan 2023 10:34

(Alliance News) - Ondo InsurTech PLC on Monday said it has won a new contract with insurer Topdanmark, to expand its roll-out to 20,000 new customers in Denmark. Read More

UK earnings, trading statements calendar - next 7 days

23rd Nov 2022 15:53

TRADING UPDATES: Aeorema reinstates payout; Resolute upsizes fundraise

14th Nov 2022 19:52

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and Friday not separately reported by Alliance News: Read More

SMALL-CAP WINNERS & LOSERS: ME Group upgrades outlook on robust demand

14th Nov 2022 11:22

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More

TRADING UPDATES: Vertu Motors sizes up acquisition; Ondo's Hiscox deal

10th Nov 2022 15:52

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

Ondo InsurTech names Kevin Withington as new chief financial officer

5th Sep 2022 11:09

(Alliance News) - Ondo InsurTech PLC on Monday said it has appointed Kevin Withington as its new chief financial officer. Read More

IN BRIEF: Ondo InsurTech shares up as deal signed to save water

18th Aug 2022 13:17

Ondo InsurTech PLC - London-based insurtech firm formerly known as Spinnaker Acquisition - Says Portsmouth Water have signed a new deal to pilot using LeakBot to homeowners to save water in their customers' homes. Says the Havant-based water utility company will buy 1000 LeakBot devices and distribute them to their customers, measuring the impact on water usage. "Portsmouth Water will use the LeakBot system to detect and fix leaks," Ondo says. LeakBot is an end-to-end internet of things solution which protects homes from the impact of water damage. Read More

UK shareholder meetings calendar - next 7 days

15th Aug 2022 16:04

IN BRIEF: Ondo InsurTech in new rollout with LB Forsikring in Denmark

1st Aug 2022 20:39

Ondo InsurTech PLC - London-based insurtech firm formerly known as Spinnaker Acquisition - Announces a rollout of its LeakBot across thousands of LB Forsikring members in Denmark starting in September. LB Forsikring committed to roll out at least 10,000 devices to their 126,000 home insurance base in Denmark, with 3,000 being distributed before the end of 2022, it says. Read More

EARNINGS UPDATES: Rathbones assets drop; Trackwise sinks to loss

28th Jul 2022 20:05

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

Ondo InsurTech shares rise on LeakBot deal with insurer Admiral

18th Jul 2022 11:04

(Alliance News) - Shares in Ondo InsurTech PLC rose on Monday after securing a contract with FTSE 100-listed insurer Admiral Group PLC. Read More

TRADING UPDATES: Rockfire surpasses expectations with maiden estimate

23rd May 2022 21:54

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

TRADING UPDATES: Residential Secure Income acquires 39 new homes

4th May 2022 20:54

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

IN BRIEF: Ondo InsurTech starts trading after completing Leakbot deal

21st Mar 2022 11:24

Ondo InsurTech PLC - Walsall, West Midlands-based detection of micro-leaks of water - Starts dealings on London Main Market, after completes reverse acquisition of HomeServe Labs Ltd from Homeserve PLC and changes name from Spinnaker Acquisition. HomeServe Labs trades as LeakBot Ltd and helps home insurers reduce claims by detecting small water leaks before they cause damage. The deal was announced back in December, with Spinnaker paying with cash, new shares and loan notes. Ondo InsurTech raises GBP3.4 million in fresh equity at 12 pence per share. The funds will be used over the next 12 months for partner development and IT system improvements. Has GBP8.2 million market capitalisation at the offer price, with 68.2 million shares in total. Read More

IN BRIEF: Spinnaker becomes Ondo InsurTech as LeakBot deal completes

16th Mar 2022 13:32

Ondo InsurTech PLC - Walsall, West Midlands-based detection of micro-leaks of water - Changes name from Spinnaker Acquisition PLC as completes reverse acquisition of HomeServe Labs Ltd from Homeserve PLC. HomeServe Labs trades as LeakBot Ltd and helps home insurers reduce claims by detecting small water leaks before they cause damage. The deal was announced back in December, with Spinnaker paying with cash, new shares and loan notes. The UK Financial Conduct Authority has approved the prospectus for this. Spinnaker will raise GBP3.4 million in a share placing and subscription at 12 pence per share as part of its relisting as Ondo InsurTech. It will have a market capitalisation of GBP8.2 million at that price. The company also issue one warrant for each two new shares. The warrants are exercisable into shares at 25p each. Re-admission to the London Main Market is scheduled for Monday. Read More

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