Jeremy Attard-Manche Surpasses 6.76% Voting Rights in Ondo InsurTech Plc with 16.67 Million Shares

Jeremy Attard-Manche Acquires 16,666,666 Voting Rights in Ondo InsurTech Plc

The TR-1 notification, completed on 13 July 2026 in Malta, confirms that Jeremy Attard-Manche crossed a notifiable voting rights threshold in Ondo InsurTech Plc on 10 July 2026. The disclosure, made under DTR5 of the FCA's Disclosure Guidance and Transparency Rules, states that Attard-Manche holds 16,666,666 voting rights directly attached to ordinary shares bearing ISIN GB00BNVVGD77 in the UK-incorporated issuer. The filing cites the reason for notification as an acquisition or disposal of voting rights but does not specify the net direction of the trade.

The disclosed voting rights percentage stands at 6.76%, with no exposure through financial instruments such as options or contracts for difference. This indicates Attard-Manche’s entire economic and voting interest is held via direct share ownership. The notification marks either a new position of this scale or the first formal disclosure at this threshold. The company has not revealed any consideration paid for the shares.

Profile of Jeremy Attard-Manche and Malta Registration Details

The TR-1 form identifies Jeremy Attard-Manche, registered in Gudja, Malta, as the notifying party. His name appears twice in the filing, consistent with standard TR-1 formatting. No further professional or corporate affiliations are disclosed. Section 9 of the form confirms Attard-Manche is not controlled by, nor controls, any other entity holding an interest in the issuer, indicating this disclosure is made in a personal capacity without intermediate holding structures.

Malta, an EU member state with a developed financial services sector, is noted as the place of filing. The announcement does not link Attard-Manche to Ondo InsurTech Plc’s board, management, or institutional shareholders. No additional relationship details were provided. Readers should rely solely on the regulatory filing when interpreting the nature of this investment.

Significance of the 6.76% Voting Rights Stake in Ondo InsurTech Plc

Holding 6.76% of voting rights surpasses the UK’s 5% disclosure threshold, triggering this regulatory notification. This positions Attard-Manche among the larger individual shareholders publicly visible in Ondo InsurTech Plc. With 16,666,666 shares held, investors can estimate the company’s total issued share capital, which the announcement does not explicitly state.

While below the 10% threshold needed to requisition a general meeting under the Companies Act 2006, this stake could influence shareholder votes, especially in a dispersed AIM-listed company. The announcement does not clarify whether Attard-Manche will be an active or passive investor. Market participants will watch for further disclosures or statements to clarify his intentions.

Overview of Ondo InsurTech Plc and Its Market Position

Ondo InsurTech Plc is a UK-incorporated company listed on the London Stock Exchange’s AIM market, operating in the insurance technology sector. Its ISIN GB00BNVVGD77 confirms its UK issuer status. The company focuses on leveraging technology to enhance traditional insurance processes such as underwriting, claims, and customer engagement through data analytics and automation.

The announcement contains no operational updates, financial results, or strategic commentary, focusing solely on the regulatory disclosure. Investors should consult other public sources for comprehensive insights into Ondo InsurTech Plc’s business model and financial health. No revenue or guidance figures were included.

Regulatory Framework: FCA’s DTR5 Governing Major Shareholding Disclosures

This notification complies with the FCA’s Disclosure Guidance and Transparency Rules (DTR5), which mandate disclosure of major holdings crossing thresholds such as 5%, 10%, and beyond. Attard-Manche’s 6.76% stake exceeds the 5% threshold, triggering the TR-1 filing. The form follows the European regulatory TR-1 format incorporated into UK law post-Brexit.

The filing confirms all voting rights are held directly, with zero holdings via financial instruments or similar economic interests. The total voting rights of 16,666,666 are consistent throughout the form. The notification was submitted within the regulatory timeframe, three calendar days after the threshold crossing.

No Financial Instruments or Proxy Voting Disclosed in the Filing

The TR-1 form shows no financial instruments such as options or contracts for difference associated with Attard-Manche’s position. This means his entire exposure is through direct ordinary shares, aligning his economic interests directly with share price movements.

Section 10 of the form is blank, indicating no proxy voting arrangements. Attard-Manche retains full control over voting his shares, consistent with an individual holding shares personally without delegation or controlling entities. This straightforward holding contrasts with more complex institutional disclosures involving intermediaries or derivatives.

Timeline: Threshold Crossing on 10 July 2026 and Notification on 13 July 2026

The threshold was crossed on Thursday, 10 July 2026, with the notification filed on Sunday, 13 July 2026, in Malta. FCA rules require notification as soon as possible and no later than four trading days after the event. The three-day interval complies with this timeline, although notification on a Sunday is unusual but permitted.

The timing coincides with typically lighter trading volumes in early July as institutional investors enter summer. No company announcements or market conditions were cited to explain the timing. Investors should note this date for monitoring any subsequent disclosures.

Investor Implications of the Shareholding Change in Ondo InsurTech Plc

Major shareholder register changes in AIM-listed companies like Ondo InsurTech Plc attract investor attention as they may precede further acquisitions, strategic involvement, or corporate actions. However, the TR-1 notification itself does not imply any such outcomes and is a routine regulatory requirement.

Investors should consider the risks inherent in AIM-listed insurtech firms, including regulatory, competitive, and liquidity risks. A 6.76% stake does not alter these fundamentals. The immediate market reaction to this disclosure was not evident. Investors should evaluate this alongside all other publicly available company information.

Estimating Ondo InsurTech Plc’s Total Share Capital from the Disclosure

With 16,666,666 voting rights representing 6.76% of total voting rights, the implied total voting rights outstanding approximate 246.5 million. This estimate is derived from dividing the shares held by the percentage disclosed. The company did not explicitly state total share capital in the filing. Investors should verify official filings for precise figures.

The method of acquisition—whether open market, placing, or subscription—is not disclosed, as the TR-1 form focuses solely on the resulting position and threshold crossing. For Ondo InsurTech Plc, a block of this size represents a significant holding within a likely concentrated shareholder base. Market watchers should monitor future disclosures for changes in this position.