ONESAVINGS BANK PLC Director/Pdmr Shareholding

 
TIDMOSB 
 
 
   LEI: 213800WTQKOQI8ELD692 
 
   OneSavings Bank plc 
 
   (the Company) 
 
   Notification of Transactions of a Person Discharging Managerial 
Responsibilities (PDMR) 
 
   The Company has been notified that Richard Wilson, a PDMR, sold 10,000 
ordinary shares at a price of GBP3.5503 each. 
 
   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 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  213800WTQKOQI8ELD692 
 code 
 
 
   4 - Details of the transaction(s) 
 
   Transaction(s) summary table 
 
 
 
 
  Date of      Financial        Identification    Place of        Currency 
  Transaction   Instrument       Code             Transaction 
  -----------  ---------------  ----------------  --------------  ----------------- 
  14 October   Ordinary shares  GB00BM7S7K96      London Stock    GBP -- British 
   2019         of GBP0.01                         Exchange,       Pound 
                each                               Main Market 
                                                   (XLON) 
  -----------  ---------------  ----------------  --------------  ----------------- 
  Nature of Transaction:                        Price           Volume    Total 
   Disposal 
  ----------------------------  --------------  --------------  --------  --------- 
                                                GBP3.5503       10,000    GBP35,503 
  -----------  ---------------  --------------  --------------  --------  --------- 
                                Aggregated      GBP3.5503       10,000    GBP35,503 
  -----------  ---------------  --------------  --------------  --------  --------- 
 
 
 
   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 (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. The 
Bank acquired Charter Court Financial Services Group Plc (CCFS) and its 
subsidiary businesses on 4 October 2019. 
 
   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, secured funding lines and asset 
finance. 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, 
and through its Charter Savings Bank brand. Diversification of funding 
is provided by securitisation programmes, the Term Funding Scheme and 
the Bank of England Index Long-Term Repo operation. 
 
 
 
 

(END) Dow Jones Newswires

October 24, 2019 11:54 ET (15:54 GMT)

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