ONESAVINGS BANK PLC Onesavings Bank Plc : Additional Listing
05 März 2018 - 6:30PM
UK Regulatory
TIDMOSB
LEI: 213800WTQKOQI8ELD692
OneSavings Bank plc
(the Company)
Block Listing
A block listing application has been made to the UK Listing Authority
for a total of 962,000 Ordinary Shares of GBP0.01 each (the Shares) of
the Company to be admitted to the Official List of the UK Listing
Authority. An application has also been made to the London Stock
Exchange for the Shares to be admitted to trading. The Shares shall
rank equally with the existing issued Shares of the Company. Admission
is expected on or around 7 March 2018. The Shares will be allotted from
time to time following the exercise of options pursuant to the Company's
Sharesave Scheme (100,000); and vestings under the Deferred Share Bonus
Plan (302,000) and Performance Share Plan (560,000).
Enquiries:
OneSavings Bank plc
Nickesha Graham-Burrell t: 01634 835 796
Deputy Company Secretary
Brunswick Group
Robin Wrench / Simone Selzer t: 020 7404 5959
Notes to Editors
About OneSavings Bank plc
OneSavings Bank plc 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, part of the Bank of England, and regulated by the Financial
Conduct Authority and Prudential Regulation Authority.
OSB primarily targets 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 and the Term Funding Scheme.
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
March 05, 2018 12:30 ET (17:30 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Osb (LSE:OSB)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Osb (LSE:OSB)
Historical Stock Chart
Von Jul 2023 bis Jul 2024