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 of PDMRs in 
the ordinary shares of GBP0.01 each (Shares) of the Company: 
 
 
   1. Sale of Shares at a price of GBP3.919746 
 
 
 
 
Name              Number of Shares sold 
Executive Directors 
Andrew Golding                  550,000 
April Talintyre                 250,000 
 
 
   The disposals outlined above were made for tax purposes and following 
these transactions Mr Golding is interested in 1,780,493 Shares in the 
Company, representing 0.73 per cent of the Shares in issue and Ms 
Talintyre is interested in 787,291 Shares in the Company, representing 
0.32 per cent of the Shares in issue. 
 
 
   1. Exercise of options at a price of GBP1.34 each relating to the 2014 3 
      Year Sharesave Scheme. 
 
 
 
 
Name                 Number Shares 
Executive Director 
April Talintyre(1)           6,716 
Other PDMR 
Clive Kornitzer(2)           6,716 
 
   (1) Shares acquired 
 
   (2) Shares sold 
 
   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  Andrew Golding 
 
 
 
   2 - Reason for the notification 
 
 
 
 
 
 
Position/status                 Chief Executive 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 
 Transaction    Instrument   Code              Transaction   Currency 
                Ordinary                       London Stock 
                shares of                      Exchange, 
 21 September   GBP0.01                        Main Market 
 2017           each         GB00BM7S7K96      (XLON)        GBP - British Pound 
 Nature of Transaction: 
  Disposal                                    Price          Volume      Total 
    GBP3.919746                                              550,000  2,155,860.3 
   Aggregated       GBP3.919746                              550,000  2,155,860.3 
 
 
 
 
 
   1 - Details of the person discharging managerial responsibilities / 
person closely associated 
 
 
 
 
 
 
Name of natural person  April Talintyre 
 
 
 
   2 - Reason for the notification 
 
 
 
 
 
 
Position/status                 Chief Financial 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 
 Transaction    Instrument   Code              Place of Transaction         Currency 
                Ordinary 
                shares of                                                     GBP - 
 20 September   GBP0.01                        London Stock Exchange,        British 
 2017           each         GB00BM7S7K96      Main Market (XLON)             Pound 
 Nature of Transaction:                       Price           Volume          Total 
 Acquisition                 Aggregated       GBP1.34         6,716        GBP8,999.44 
 Date of Transaction 
                                                              London 
                                                              Stock 
                             Ordinary shares                  Exchange,       GBP - 
                             of GBP0.01                       Main Market    British 
 21 September 2017           each             GB00BM7S7K96    (XLON)          Pound 
 Nature of Transaction: 
  Disposal                                    Price           Volume          Total 
    GBP3.919746                                                   250,000    979,936.5 
   Aggregated       GBP3.919746                                   250,000    979,936.5 
 
 
 
 
 
   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 code  213800WTQKOQI8ELD692 
 
 
   4 - Details of the transaction(s) 
 
   Transaction(s) summary table 
 
 
 
 
 
 
  Date of       Financial    Identification    Place of       Currency 
  Transaction   Instrument   Code              Transaction 
  20 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 
  Disposal                                   GBP1.34        6,716      GBP8,999.44 
                             Aggregated      GBP1.34        6,716      GBP8,999.44 
 
 
 
   Enquiries: 
 
   OneSavings Bank plc 
 
   Alastair Pate, Head of Investor Relations                        t: 
01634 838973 
 
   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 ('PRA'), part of the Bank of England, and regulated 
by the Financial Conduct Authority ('FCA') and PRA. 
 
   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, the Funding for Lending Scheme and the 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 21, 2017 11:30 ET (15:30 GMT)

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