ONESAVINGS BANK PLC Onesavings Bank Plc : Director/Pdmr Shareholding

 
TIDMOSB 
 
   OneSavings Bank plc 
 
   (the Company) 
 
   Notification of Transactions of Persons Discharging Managerial 
Responsibilities (PDMRs) and persons closely associated with the PDMRs 
 
   The Company hereby notifies that the final tranche of IPO Awards vested 
on 10 June 2018.  Sufficient ordinary shares (Shares) were sold at a 
price of GBP4.0815 to cover tax liabilities. 
 
 
 
 
Name             Number of Shares vested  Number of Shares disposed 
Richard Davis                    130,440                     61,616 
Richard Wilson                   130,440                     61,616 
 
 
   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  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 
  11 June 2018  Ordinary    GB00BM7S7K96      London Stock   GBP - British Pound 
                shares of                     Exchange, 
                GBP0.01                       Main Market 
                each                          (XLON) 
  Nature of Transaction:                    Price          Volume    Total 
   Disposal 
                                            GBP4.0815      61,616    GBP251,485.70 
                            Aggregated      GBP4.0815      61,616    GBP251,485.70 
 
 
 
   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 code  213800WTQKOQI8ELD692 
 
 
   4 - Details of the transaction(s) 
 
   Transaction(s) summary table 
 
 
 
 
 
 
  Date of       Financial   Identification    Place of       Currency 
  Transaction   Instrument  Code              Transaction 
  11 June 2018  Ordinary    GB00BM7S7K96      London Stock   GBP - British Pound 
                shares of                     Exchange, 
                GBP0.01                       Main Market 
                each                          (XLON) 
  Nature of Transaction:                    Price          Volume    Total 
   Disposal 
                                            GBP4.0815      61,616    GBP251,485.70 
                            Aggregated      GBP4.0815      61,616    GBP251,485.70 
 
 
 
   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 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 Term Funding Scheme. 
 
   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

June 12, 2018 12:00 ET (16:00 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.