ONESAVINGS BANK PLC Director/Pdmr Shareholding
October 24 2019 - 11:54AM
UK Regulatory
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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