TIDMOSB 
 
   OneSavings Bank plc 
 
   (the Company) 
 
   Notification of Transactions of Persons Discharging Managerial 
Responsibilities (PDMRs) 
 
   The Company notifies the following changes in the interests in the 
ordinary shares of GBP0.01 each (Shares) of the Company of PDMRs as 
follows: 
 
   (i)             Vestings 
 
   Awards vested under the Deferred Share Bonus Plan (DSBP) on 18 December 
2019. A sufficient number of shares were sold to satisfy the tax 
liability for each individual and those who had already met their 
shareholding guideline requirements sold all of their vested shares. 
 
 
 
 
                  Number of Shares 
Name                  disposed 
----------------  ---------------- 
Jens Bech                   21,061 
----------------  ---------------- 
Richard Davis               26,009 
----------------  ---------------- 
Jason Elphick               16,536 
----------------  ---------------- 
Hasan Kazmi                 17,478 
----------------  ---------------- 
Clive Kornitzer             44,186 
----------------  ---------------- 
Lisa Odendaal               10,745 
----------------  ---------------- 
Richard Wilson              27,394 
----------------  ---------------- 
 
 
   (ii)            Other Disposals 
 
 
 
 
               Number of Shares 
Name               disposed 
-------------  ---------------- 
Alan Cleary             500,000 
-------------  ---------------- 
Peter Elcock             74,291 
-------------  ---------------- 
 
 
   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  Jens Bech 
 
 
   2 - Reason for the notification 
 
 
 
 
Position/status                 Group Commercial Director 
 
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 
  -----------  ---------------  ----------------  --------------  -------------------- 
  18 December  Ordinary shares  GB00BM7S7K96      London Stock    GBP -- British 
   2019         of GBP0.01                         Exchange,       Pound 
                each                               Main Market 
                                                   (XLON) 
  -----------  ---------------  ----------------  --------------  -------------------- 
  Nature of Transaction:                        Price           Volume    Total 
   Disposal 
  ----------------------------  --------------  --------------  --------  ------------ 
                                                GBP4.17635      21,061    GBP87,958.11 
  -----------  ---------------  --------------  --------------  --------  ------------ 
                                Aggregated      GBP4.17635      21,061    GBP87,958.11 
  -----------  ---------------  --------------  --------------  --------  ------------ 
 
 
 
   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  213800WTQKOQI8ELD692 
 code 
 
 
   4 - Details of the transaction(s) 
 
   Transaction(s) summary table 
 
 
 
 
 
 
  Date of      Financial        Identification    Place of        Currency 
  Transaction   Instrument       Code             Transaction 
  -----------  ---------------  ----------------  --------------  --------------------- 
  18 December  Ordinary shares  GB00BM7S7K96      London Stock    GBP -- British 
   2019         of GBP0.01                         Exchange,       Pound 
                each                               Main Market 
                                                   (XLON) 
  -----------  ---------------  ----------------  --------------  --------------------- 
  Nature of Transaction:                        Price           Volume    Total 
   Disposal 
  ----------------------------  --------------  --------------  --------  ------------- 
                                                GBP4.17635      26,009    GBP108,622.69 
  -----------  ---------------  --------------  --------------  --------  ------------- 
                                Aggregated      GBP4.17635      26,009    GBP108,622.69 
  -----------  ---------------  --------------  --------------  --------  ------------- 
 
 
 
   1 - Details of the person discharging managerial responsibilities / 
person closely associated 
 
 
 
 
Name of natural person  Jason Elphick 
 
 
   2 - Reason for the notification 
 
 
 
 
Position/status                 Group General Counsel and Company 
                                 Secretary 
 
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 
-----------  ---------------  ----------------  --------------  -------------------- 
18 December  Ordinary shares  GB00BM7S7K96      London Stock    GBP -- British 
 2019         of GBP0.01                         Exchange,       Pound 
              each                               Main Market 
                                                 (XLON) 
-----------  ---------------  ----------------  --------------  -------------------- 
Nature of Transaction:                        Price           Volume    Total 
 Disposal 
----------------------------  --------------  --------------  --------  ------------ 
                                              GBP4.17635      16,536    GBP69,060.12 
-----------  ---------------  --------------  --------------  --------  ------------ 
                              Aggregated      GBP4.17635      16,536    GBP69,060.12 
-----------  ---------------  --------------  --------------  --------  ------------ 
 
 
   1 - Details of the person discharging managerial responsibilities / 
person closely associated 
 
 
 
 
Name of natural person  Hasan Kazmi 
 
 
   2 - Reason for the notification 
 
 
 
 
Position/status                 Chief Risk Officer, OSB 
 
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 
18 December   Ordinary     GB00BM7S7K96      London Stock   GBP -- British Pound 
2019          shares of                      Exchange, 
              GBP0.01                        Main Market 
              each                           (XLON) 
Nature of Transaction:                     Price          Volume     Total 
 Disposal 
                                           GBP4.17635     17,478     GBP72,994.25 
                           Aggregated      GBP4.17635     17,478     GBP72,994.25 
 
 
 
   1 - Details of the person discharging managerial responsibilities / 
person closely associated 
 
 
 
 
Name of natural person  Clive Kornitzer 
 
 
   2 - Reason for the notification 
 
 
 
 
Position/status                 Group Chief Operating 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  213800WTQKOQI8ELD692 
 code 
 
 
   4 - Details of the transaction(s) 
 
   Transaction(s) summary table 
 
 
 
 
  Date of      Financial        Identification    Place of        Currency 
  Transaction   Instrument       Code             Transaction 
  -----------  ---------------  ----------------  --------------  --------------------- 
  18 December  Ordinary shares  GB00BM7S7K96      London Stock    GBP -- British 
   2019         of GBP0.01                         Exchange,       Pound 
                each                               Main Market 
                                                   (XLON) 
  -----------  ---------------  ----------------  --------------  --------------------- 
  Nature of Transaction:                        Price           Volume    Total 
   Disposal 
  ----------------------------  --------------  --------------  --------  ------------- 
                                                GBP4.17635      44,186    GBP184,536.20 
  -----------  ---------------  --------------  --------------  --------  ------------- 
                                Aggregated      GBP4.17635      44,186    GBP184,536.20 
  -----------  ---------------  --------------  --------------  --------  ------------- 
 
 
 
   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 
-----------  ---------------  ----------------  --------------  -------------------- 
18 December  Ordinary shares  GB00BM7S7K96      London Stock    GBP -- British 
 2019         of GBP0.01                         Exchange,       Pound 
              each                               Main Market 
                                                 (XLON) 
-----------  ---------------  ----------------  --------------  -------------------- 
Nature of Transaction:                        Price           Volume    Total 
 Disposal 
----------------------------  --------------  --------------  --------  ------------ 
                                              GBP4.17635      10,745    GBP44,874.88 
-----------  ---------------  --------------  --------------  --------  ------------ 
                              Aggregated      GBP4.17635      10,745    GBP44,874.88 
-----------  ---------------  --------------  --------------  --------  ------------ 
 
 
   1 - Details of the person discharging managerial responsibilities / 
person closely associated 
 
 
 
 
Name of natural person  Richard Wilson 
 
 
   2 - Reason for the notification 
 
 
 
 
Position/status                 Group Chief Credit 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  213800WTQKOQI8ELD692 
 code 
 
 
   4 - Details of the transaction(s) 
 
   Transaction(s) summary table 
 
 
 
 
 
 
  Date of      Financial        Identification    Place of        Currency 
  Transaction   Instrument       Code             Transaction 
  -----------  ---------------  ----------------  --------------  --------------------- 
  18 December  Ordinary shares  GB00BM7S7K96      London Stock    GBP -- British 
   2019         of GBP0.01                         Exchange,       Pound 
                each                               Main Market 
                                                   (XLON) 
  -----------  ---------------  ----------------  --------------  --------------------- 
  Nature of Transaction:                        Price           Volume    Total 
   Disposal 
  ----------------------------  --------------  --------------  --------  ------------- 
                                                GBP4.17635      27,394    GBP114,406.93 
  -----------  ---------------  --------------  --------------  --------  ------------- 
                                Aggregated      GBP4.17635      27,394    GBP114,406.93 
  -----------  ---------------  --------------  --------------  --------  ------------- 
 
 
 
   1 - Details of the person discharging managerial responsibilities / 
person closely associated 
 
 
 
 
Name of natural person  Alan Cleary 
 
 
   2 - Reason for the notification 
 
 
 
 
Position/status                 Group Managing Director, Mortgages 
 
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 
  -----------  ---------------  ----------------  --------------  ------------------------ 
  19 December  Ordinary shares  GB00BM7S7K96      London Stock    GBP -- British 
   2019         of GBP0.01                         Exchange,       Pound 
                each                               Main Market 
                                                   (XLON) 
  -----------  ---------------  ----------------  --------------  ------------------------ 
  Nature of Transaction:                        Price           Volume     Total 
   Disposal 
  ----------------------------  --------------  --------------  ---------  --------------- 
                                                GBP4.267428     500,000    GBP2,133,714.00 
  -----------  ---------------  --------------  --------------  ---------  --------------- 
                                Aggregated      GBP4.267428     500,000    GBP2,133,714.00 
  -----------  ---------------  --------------  --------------  ---------  --------------- 
 
 
 
   1 - Details of the person discharging managerial responsibilities / 
person closely associated 
 
 
 
 
Name of natural person  Peter Elcock 
 
 
   2 - Reason for the notification 
 
 
 
 
Position/status                 Chief Risk Officer, CCFS 
 
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 
  -----------  ---------------  ----------------  --------------  --------------------- 
  18 December  Ordinary shares  GB00BM7S7K96      London Stock    GBP -- British 
   2019         of GBP0.01                         Exchange,       Pound 
                each                               Main Market 
                                                   (XLON) 
  -----------  ---------------  ----------------  --------------  --------------------- 
  Nature of Transaction:                        Price           Volume    Total 
   Disposal 
  ----------------------------  --------------  --------------  --------  ------------- 
                                                GBP4.15         74,291    GBP308,307.65 
  -----------  ---------------  --------------  --------------  --------  ------------- 
                                Aggregated      GBP4.15         74,291    GBP308,307.65 
  -----------  ---------------  --------------  --------------  --------  ------------- 
 
 
 
   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 (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, part of the Bank of England, and regulated by the 
Financial Conduct Authority and Prudential Regulation Authority. The 
Bank acquired Charter Court Financial Services Group Plc (CCFS) and its 
subsidiary businesses on 4 October 2019. 
 
   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, 
and through its Charter Savings Bank brand. Diversification of funding 
is provided by securitisation programmes, the Term Funding Scheme and 
the Bank of England Index Long-Term Repo operation. 
 
 
 
 

(END) Dow Jones Newswires

December 19, 2019 13:27 ET (18:27 GMT)

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