OSB Osb Group Plc

 
TIDMOSB 
 
 
 
   LEI: 213800WTQKOQI8ELD692 
 
   OneSavings Bank plc 
 
   (the Company) 
 
   Notification of Transactions of a Person Discharging Managerial 
Responsibilities (PDMR) 
 
   The Company notifies changes in the interests in the ordinary shares of 
GBP0.01 each of the Company of a PDMR, at a price of GBP2.40 each, 
arising from the exercise of the 2016 3 Year Sharesave Scheme. 
 
   The following disclosures are made in accordance with Article 19 of the 
EU Market Abuse Regulation 596/2014. 
 
   1 - Details of the person discharging managerial responsibilities / 
person closely associated 
 
 
 
 
Name of natural person  Lisa Odendaal 
 
 
   2 - Reason for the notification 
 
 
 
 
Position/status                 Chief Internal Auditor 
 
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  213800WTQKOQI8ELD692 
 code 
 
 
   4 - Details of the transaction(s) 
 
   Transaction(s) summary table 
 
 
 
 
  Date of      Financial        Identification    Place of          Currency 
  Transaction   Instrument       Code             Transaction 
  -----------  ---------------  ----------------  ----------------  ----------------- 
  16 October   Ordinary shares  GB00BM7S7K96      outside a         GBP -- British 
   2019         of GBP0.01                         trading venue     Pound 
                each 
  -----------  ---------------  ----------------  ----------------  ----------------- 
  Nature of Transaction:                        Price             Volume    Total 
   Exercise of Options 
  ----------------------------  --------------  ----------------  --------  --------- 
                                                GBP2.40           7,500     GBP18,000 
  -----------  ---------------  --------------  ----------------  --------  --------- 
                                Aggregated      GBP2.40           7,500     GBP18,000 
  -----------  ---------------  --------------  ----------------  --------  --------- 
 
 
 
   Enquiries: 
 
   OneSavings Bank plc 
 
   Nickesha Graham-Burrell, Head of Company Secretariat  t: 01634 835 796 
 
   Brunswick 
 
   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, secured funding lines and asset 
finance. 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. 
 
 
 
 

(END) Dow Jones Newswires

October 16, 2019 09:31 ET (13:31 GMT)

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