ONESAVINGS BANK PLC Director/Pdmr Shareholding
October 15 2019 - 1:20PM
UK Regulatory
TIDMOSB
LEI: 213800WTQKOQI8ELD692
OneSavings Bank plc
(the Company)
Notification of Transaction of Persons Discharging Managerial
Responsibilities (PDMRs)
The Company notifies the cancellation of options over ordinary shares of
GBP0.01 each of the Company by PDMRs, at a price of GBP3.1454 each,
relating to the 2017 3 Year Sharesave Scheme.
PDMR Number of options cancelled
--------------- ---------------------------
Jason Elphick 1,144
--------------- ---------------------------
Richard Wilson 2,289
--------------- ---------------------------
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 Jason Elphick
2 - Reason for the notification
Position/status Group General Counsel and Company
Secretary
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 Outside a GBP -- British
2019 of GBP0.01 trading venue Pound
each
----------- --------------- ---------------- ---------------- -------------------
Nature of Transaction: Price Volume Total
Cancellation of Options
---------------------------- -------------- ---------------- -------- -----------
GBP3.1454 1,144 GBP3,598.34
----------- --------------- -------------- ---------------- -------- -----------
Aggregated GBP3.1454 1,144 GBP3,598.34
----------- --------------- -------------- ---------------- -------- -----------
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
----------- --------------- ---------------- ---------------- -------------------
11 October Ordinary shares GB00BM7S7K96 Outside a GBP -- British
2019 of GBP0.01 trading venue Pound
each
----------- --------------- ---------------- ---------------- -------------------
Nature of Transaction: Price Volume Total
Cancellation of Options
---------------------------- -------------- ---------------- -------- -----------
GBP3.1454 2,289 GBP7,199.82
----------- --------------- -------------- ---------------- -------- -----------
Aggregated GBP3.1454 2,289 GBP7,199.82
----------- --------------- -------------- ---------------- -------- -----------
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, 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.
Diversification of funding is currently provided by access to a
securitisation programme and the Term Funding Scheme.
(END) Dow Jones Newswires
October 15, 2019 13:20 ET (17:20 GMT)
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