ONESAVINGS BANK PLC Onesavings Bank Plc : Director/Pdmr Shareholding

 
TIDMOSB 
 
 
   LEI: 213800WTQKOQI8ELD692 
 
   OneSavings Bank plc 
 
   (the Company) 
 
   Notification of Transaction of a Person Discharging Managerial 
Responsibilities (PDMRs) 
 
   The Company notifies that John Eastgate, a PDMR, has exercised options 
at a price of GBP2.27 each relating to the 2015 3 year Sharesave Scheme. 
 
 
   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             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 
  3 October     Ordinary     GB00BM7S7K96      London Stock   GBP - British Pound 
  2018          shares of                      Exchange, 
                GBP0.01                        Main Market 
                each                           (XLON) 
  Nature of Transaction:                     Price          Volume     Total 
   Acquisition 
                                             GBP2.27        3,964      GBP8,998.28 
                             Aggregated      GBP2.27        3,964      GBP8,998.28 
 
 
 
 
 
   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 West Corporation on behalf of West 
Corporation 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

October 03, 2018 10:12 ET (14:12 GMT)

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