ONESAVINGS BANK PLC Onesavings Bank Plc : Director/Pdmr Shareholding

 
TIDMOSB 
 
   OneSavings Bank plc 
 
   (the 'Company') 
 
   Notification of a Transaction of a Person Discharging Managerial 
Responsibilities ("PDMR") and person closely associated with the PDMR 
 
   The Company notifies the following disposal of ordinary shares of 
GBP0.01 each (Shares) at a price of GBP4.06937. 
 
 
 
 
Name                                              Number of Shares sold 
Katharine Kornitzer (spouse of Clive Kornitzer)                 250,000 
 
 
   The following disclosure is 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  Katharine Kornitzer 
 
 
 
   2 - Reason for the notification 
 
 
 
 
 
 
Position/status            Closely associated person of Clive Kornitzer, Group 
                            Chief Operating Officer 
 
Initial                    Initial Notification 
notification/amendment 
 
   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       Currency 
  Transaction   Instrument  Code              Transaction 
  7 April 2017  Ordinary    GB00BM7S7K96      London Stock   GBP - British Pound 
                shares of                     Exchange, 
                GBP0.01                       Main Market 
                each                          (XLON) 
  Nature of Transaction:                    Price          Volume     Total 
   Disposal 
                                            GBP4.06937     250,000    GBP1,017,342.50 
                            Aggregated      GBP4.06937     250,000    GBP1,017,342.50 
 
 
 
   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 
when the trade and assets of Kent Reliance Building Society were 
transferred into the business. 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 focuses on selected sub-sectors of the lending market in which it 
has established expertise, platforms and capabilities, and where 
opportunities have been identified for both high returns on a 
risk-adjusted basis and strong growth. These include Buy-to-Let/SME 
(comprising Buy-to-Let, Commercial, Residential development and Funding 
lines), Residential Mortgages (comprising First charge, Second charge 
and Funding lines), and Personal Loans. OSB originates organically 
through specialist brokers and independent financial advisors. 
 
   OSB is predominantly funded by retail savings originated through the 
established Kent Reliance franchise, which includes a network of 
branches in the South East of England, as well as online and postal 
channels. Diversification of funding is currently provided by 
securitisation and OSB joined the Funding for Lending Scheme in early 
2014 and the Term Funding Scheme in November 2016. 
 
   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: ONE Savings Bank PLC via Globenewswire 
 
 
  http://www.osb.co.uk/ 
 

(END) Dow Jones Newswires

April 10, 2017 04:24 ET (08:24 GMT)

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