ONESAVINGS BANK PLC Onesavings Bank Plc : Director/Pdmr Shareholding
25 Oktober 2017 - 1:30PM
UK Regulatory
TIDMOSB
LEI: 213800WTQKOQI8ELD692
OneSavings Bank plc
(the Company)
Notification of Transaction of a Person Discharging Managerial
Responsibilities (PDMRs)
The Company notifies the following change in the interests of a PDMR in
the ordinary shares of GBP0.01 each (Shares) of the Company.
Name Number of Shares disposed
Richard Davis 5,142
1 - Details of the person discharging managerial responsibilities /
person closely associated
Name of natural person Richard Davis
2 - Reason for the notification
Position/status Chief Information Officer
Initial notification/amendment Initial Notification
3 - Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
Full name of the entity OneSavings Bank plc
Legal Entity Identifier code 213800WTQKOQI8ELD692
4 - Details of the transaction(s)
Transaction(s) summary table
Date of Financial Identification Place of
Transaction Instrument Code Transaction Currency
Ordinary London Stock
shares of Exchange,
24 October GBP0.01 Main Market
2017 each GB00BM7S7K96 (XLON) GBP - British Pound
Nature of Transaction:
Disposal Price Volume Total
GBP4.1527 5,142 21,353.18
Aggregated GBP4.1527 5,142 21,353.18
Enquiries:
OneSavings Bank plc
Nickesha Graham-Burrell, Deputy Company Secretary t: 01634 835 796
Brunswick
Robin Wrench / Simone Selzer t:
020 7404 5959
Notes to Editors
About OneSavings Bank plc
OneSavings Bank plc ('OSB') began trading as a bank on 1 February 2011
and was admitted to the main market of the London Stock Exchange in June
2014 (OSB.L). OSB joined the FTSE 250 index in June 2015. OSB is a
specialist lending and retail savings group authorised by the Prudential
Regulation Authority ('PRA'), part of the Bank of England, and regulated
by the Financial Conduct Authority ('FCA') and PRA.
OSB primarily targets underserved market sub-sectors that offer high
growth potential and attractive risk-adjusted returns in which it can
take a leading position and where it has established expertise,
platforms and capabilities. These include private rented sector
Buy-to-Let, commercial and semi-commercial mortgages, residential
development finance, bespoke and specialist residential lending and
secured funding lines. OSB originates organically through specialist
brokers and independent financial advisers. It is differentiated through
its use of high skilled, bespoke underwriting and efficient operating
model.
OSB is predominantly funded by retail savings originated through the
long-established Kent Reliance name, which includes online and postal
channels, as well as a network of branches in the South East of England.
Diversification of funding is currently provided by access to a
securitisation programme, the Funding for Lending Scheme and the Term
Funding Scheme, which OSB joined in 2014 and 2016, respectively.
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: OneSavings Bank plc via Globenewswire
http://www.osb.co.uk/
(END) Dow Jones Newswires
October 25, 2017 07:30 ET (11:30 GMT)
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