Ondo InsurTech plc
FINPROM Findings
4“Ondo is a world leading provider of claims prevention technology for home insurers... The Issue Price of 25 pence represents a discount of approximately 17.4 per cent”
Self-described as 'world leading' without independent substantiation in a fundraising context. The 17.4% discount is notable though not extreme. Forward-looking disclaimers are present but the 'world leading' claim in the fundraising body text is unqualified promotional language.
“representing a discount of approximately 17.4 per cent. to the closing price on 2 December 2025”
Normal placing-with-WRAP at 17% discount on a main-market listed company. Balanced disclosure, no promotional excess.
“a retail offer via the Winterflood Retail Access Platform ... The WRAP Retail Offer is being undertaken alongside a Placing and Subscription to raise approximately £2.28m”
Normal main-market placing + WRAP, 17% discount, conditional on Placing — balanced disclosure.
“"Certain Directors have indicated an intention to participate in the Placing of an aggregate amount of not less than £90,000" ... "Board has approved a capital raise to enable the next phase of growth"”
Director participation of £90K in a £1.44M placing (~6%) is modest but noted. The 'next phase of growth' language in the fundraise context is forward-looking and promotional, though accompanied by standard disclaimers elsewhere in the document. 17.4% discount is material but within normal range.
RNS Announcements
4Total Voting Rights
the Company") Total Voting Rights and Shares in Issue update Ondo InsurTech Plc (LSE: ONDO), a leading company in claims prevention technology for home insurers, is pleased to provide an update on its Shares in Issue and Total Voting Rights in accordance with the Financial Conduct Authority's Disclosure and Transparency Rule 5.6.1. Exercise of Warrants During the month of December 2025 1,251,507 new Ondo ordinary shares of 5 pence each ("Ordinary Shares") have been issued pursuant to warrant exercises and these shares were admitted to trading under the Company's blockli…
Issue of Equity - Result of WRAP Retail Offer
THIS ANNOUNCEMENT. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 WHICH FORMS PART OF THE LAWS OF ENGLAND AND WALES PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (" UK MAR "). UPON PUBLICATION OF THIS ANNOUNCEMENT THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE WITHIN THE PUBLIC DOMAIN. 9 December 2025 Ondo InsurTech Plc (" Ondo " or the " Company ") Result of WRAP Retail Offer Ondo Insurtech (LSE: ONDO), a leading company in claims prevention technology for home insurers, is pl…
Launch of WRAP Retail Offer
THIS ANNOUNCEMENT. THE COMMUNICATION OF THIS ANNOUNCEMENT AND ANY OTHER DOCUMENTS OR MATERIALS RELATING TO THE WRAP RETAIL OFFER AS A FINANCIAL PROMOTION IS ONLY BEING MADE TO, AND MAY ONLY BE ACTED UPON BY, THOSE PERSONS IN THE UNITED KINGDOM FALLING WITHIN ARTICLE 43 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (WHICH INCLUDES AN EXISTING MEMBER OF ONDO INSURTECH PLC). ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO SUCH PERSONS AND WILL BE ENGAGED IN ONLY WITH SUCH PERSONS. THIS ANNOUNCEMENT …
Placing and Subscription via ABB
THIS ANNOUNCEMENT, INCLUDING THE APPENDICES, IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"), AND IS DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF MAR. IN ADDITION, MARKET SOUNDINGS (AS DEFINED IN…
LinkedIn Activity
10Major milestone for institutional crypto in the UK. Satsuma Technology closed £100m+ fundraise. Lists Cel AI (#CLAI) among wave of London-listed firms embedding Bitcoin into corporate treasury strategy alongside SWC, V3TC, BTC (Vinanz).
Bitcoin treasury cluster being actively promoted on LinkedIn — same issuers appearing across WRAP (SWC, Vinanz) and BookBuild (Cel AI, Active Energy)
London's biggest IPO in 2 years. Cobalt Holdings as 'only publicly traded entity offering pure-play exposure to physical cobalt'. Buying 6,000 tons at below-market prices during price trough. Frames as test for London's capital markets relevance. Asks whether investors will 'bet on long-term scarcity over short-term surplus'.
Financial commentator promoting the IPO with promotional language and no risk disclosure. 24 comments indicate high engagement and discussion. No mention that company had sole director structure or that cobalt prices had fallen 75% over 3 years.
Latham is advising on the planned IPO of Cobalt Holdings, a deal that could become London's largest float in nearly two years. Metals investment company looking to raise $230 million and list on LSE's main market.
Legal industry media promoting the deal through the law firm advisory angle. 144 reactions. Latham & Watkins team led by Anna Ngo, Shing Lo, Sam Newhouse and James Inness. High visibility post reaching legal/finance professional audience.
Cobalt Holdings has made the unexpected decision to cancel its initial public offering on the London Stock Exchange. Company initially sought to raise up to $230 million. Glencore planned to acquire 10% of IPO shares.
Cancellation announcement received zero engagement -- stark contrast to the 191 and 144 reactions on earlier promotional posts. The promotional posts had no risk warnings, and the IPO failed less than 24 hours before admission. Retail investors who applied via RetailBook were exposed to a cancelled deal.
Helium One posted on LinkedIn announcing a WRAP Retail Offer to shareholders targeting £1m. The offer closed early due to being oversubscribed, raising the full £1m at 0.54p/share (185,185,185 new shares issued). Hill Dickinson LLP posted about advising HE1 on a prior £9.9m accelerated bookbuild for drilling the Tai prospect in Tanzania. A separate £4.7m company-led placing was also referenced for working capital. The WRAP offer was same-day close, opened and closed rapidly due to demand.
Key LinkedIn post: linkedin.com/posts/helium-one_london-stock-exchange-london-stock-exchange-activity-7358521750474616835-Ac2j. Hill Dickinson post: linkedin.com/posts/hill-dickinson-llp_hilldickinson-fundraise-aim-activity-7011694056133001217. The same-day close of the WRAP offer is confirmed - offer opened and closed early due to oversubscription, with admission around 11 Aug 2025.
The Beauty Tech Group announced joining the London Stock Exchange as the first British beauty tech brand to go public. Described as marking an exciting new chapter.
High-engagement IPO celebration post. No financial details (valuation, amount raised) disclosed in post itself. Pre-IPO RetailBook involvement not mentioned.
CurrentBody parent Beauty Tech Group heading for London IPO. Valuation range £280-£320m. Revenue £101m, EBITDA £22.9m. New shares raising £29m, total offer size £106.5m (~35.5% of issued share capital). Founded 2009, backed by eComplete and Simon Cooper.
Pre-IPO analysis post with detailed financial metrics. No risk warnings or disclaimers despite providing valuation and investment-relevant data. Describes as 'rare D2C brand with global traction and clinical credibility'.
Peel Hunt shares began trading on AIM market of the London Stock Exchange. Described as next exciting chapter after more than a decade of growth. Welcomed new shareholders.
Peel Hunt's own AIM listing announcement. No fundraise amount or share price disclosed in post.
Chairman sharing fundraise news: "Following Mendell Helium plc's c £800,000 fundraise announced today, our CEO Nick Tulloch talks to Mark Fairbairn at StockBox about plans to bring our Rost (Fort Dodge) well into production and the potential to graduate the company's London listing to AIM." Links to YouTube interview.
Chairman personal account promoting fundraise with forward-looking statements about production and AIM graduation. No risk warnings.
StockBox interview with CEO Nick Tulloch. Highlights: "First helium production at the Rost Well targeted for Q3 2025", strong flow rates, plans for AIM listing. Tulloch claimed Mendell is "the only one extracting helium and selling it by the day" among London-listed helium companies, projected "250 MCF a day" production generating "significant revenue fairly quickly."
CEO making forward-looking production and revenue projections without any caveat language or risk warnings. Uniqueness claims ("only one extracting helium") unsubstantiated.
Videos During Deal Windows
1Board of Directors
25| Name | Role | Appointed | Status |
|---|---|---|---|
| Ben Harber | Director | 2021-11-24 | active |
| Craig Foster | Non-Executive Director | 2022-03-21 | active |
| Gregory Mark Wood Cbe | Director | 2022-03-21 | active |
| Greig Norman Paterson | CFO | 2025-08-01 | active |
| Helen Lonsdale | Non-Executive Director | — | active |
| James Barrington Quin | CEO | 2025-08-01 | active |
| Kevin Michael Withington | Non-Executive Director | 2022-09-26 | active |
| Mark Wood | Chairman | — | active |
| Nick Lobban | Non-Executive Director | — | active |
| Stefania Barbaglio | Non-Executive Director | 2021-09-06 | active |
| James Barrington Quin | CEO | 2025-08-01 | active |
| Mark Wood | Chairman | 2022-03-21 | active |
| Greig Norman Paterson | CFO | 2025-08-01 | active |
| Craig Foster | Non-Executive Director | 2022-03-21 | active |
| Helen Lonsdale | Non-Executive Director | — | active |
| Kevin Michael Withington | Non-Executive Director | 2022-09-26 | active |
| Nick Lobban | Non-Executive Director | — | active |
| Stefania Barbaglio | Non-Executive Director | 2021-09-06 | active |
| Ben Harber | secretary | 2021-11-24 | active |
| Gregory Mark Wood Cbe | director | 2022-03-21 | active |
| Alan Douglas Hume | director | 2021-02-23 | active |
| Andrew John Gowdy Morrison | director | 2021-02-23 | active |
| Emily Victoria Rawlins | secretary | 2021-03-15 | active |
| Claudia Maria Stijlen | director | 2021-09-06 | active |
| Anthony James Harpur | director | 2021-02-23 | active |