ONESAVINGS BANK PLC Onesavings Bank Plc : Director/Pdmr Shareholding

 
TIDMOSB 
 
 
   LEI: 213800WTQKOQI8ELD692 
 
   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 an Executive 
Director and other PDMRs arising from the exercise of options at a price 
of GBP1.34 each relating to the 2014 3 Year Sharesave Scheme. 
 
 
 
 
Name            Number Shares acquired 
Other PDMRs 
Jens Bech                        6,716 
Richard Davis                    6,716 
John Eastgate                    6,716 
 
 
   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 code  213800WTQKOQI8ELD692 
 
 
   4 - Details of the transaction(s) 
 
   Transaction(s) summary table 
 
 
 
 
 
 
  Date of       Financial    Identification    Place of       Currency 
  Transaction   Instrument   Code              Transaction 
  1 September   Ordinary     GB00BM7S7K96      London Stock   GBP - British Pound 
  2017          shares of                      Exchange, 
                GBP0.01                        Main Market 
                each                           (XLON) 
  Nature of Transaction:                     Price          Volume     Total 
   Acquisition 
                                             GBP1.34        6,716      GBP8,999.44 
                             Aggregated      GBP1.34        6,716      GBP8,999.44 
 
 
 
   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       Currency 
  Transaction   Instrument   Code              Transaction 
  1 September   Ordinary     GB00BM7S7K96      London Stock   GBP - British Pound 
  2017          shares of                      Exchange, 
                GBP0.01                        Main Market 
                each                           (XLON) 
  Nature of Transaction:                     Price          Volume     Total 
   Acquisition 
                                             GBP1.34        6,716      GBP8,999.44 
                             Aggregated      GBP1.34        6,716      GBP8,999.44 
 
 
 
   1 - Details of the person discharging managerial responsibilities / 
person closely associated 
 
 
 
 
 
 
Name of natural person  John Eastgate 
 
 
   2 - Reason for the notification 
 
 
 
 
 
 
Position/status                 Sales & Marketing 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 code  213800WTQKOQI8ELD692 
 
 
   4 - Details of the transaction(s) 
 
   Transaction(s) summary table 
 
 
 
 
 
 
  Date of       Financial    Identification    Place of       Currency 
  Transaction   Instrument   Code              Transaction 
  1 September   Ordinary     GB00BM7S7K96      London Stock   GBP - British Pound 
  2017          shares of                      Exchange, 
                GBP0.01                        Main Market 
                each                           (XLON) 
  Nature of Transaction:                     Price          Volume     Total 
   Acquisition 
                                             GBP1.34        6,716      GBP8,999.44 
                             Aggregated      GBP1.34        6,716      GBP8,999.44 
 
 
 
   Enquiries: 
 
   OneSavings Bank plc 
 
   Alastair Pate, Group Head of Investor Relations  t: 01634 838 973 
 
   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. 
 
   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; and the Funding for Lending Scheme and 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

September 01, 2017 05:39 ET (09:39 GMT)

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