ONESAVINGS BANK PLC Additional Listing

 
TIDMOSB 
 
 
   LEI: 213800WTQKOQI8ELD692 
 
   OneSavings Bank plc 
 
   (the Company) 
 
   Block Listing 
 
   A block listing application has been made to the UK Listing Authority 
for a total of 2,750,000 Ordinary Shares of GBP0.01 each (the Shares) of 
the Company to be admitted to the Official List of the UK Listing 
Authority. An application has also been made to the London Stock 
Exchange for the Shares to be admitted to trading.  The Shares shall 
rank equally with the existing issued Shares of the Company. Admission 
is expected on or around 12 December 2019. The Shares will be allotted 
from time to time following the exercise of options pursuant to the 
Company's Sharesave Scheme (1,100,000); and vestings under the Deferred 
Share Bonus Plan (1,150,000) and Performance Share Plan (500,000). 
 
   Enquiries: 
 
   OneSavings Bank plc 
 
   Nickesha Graham-Burrell                   t: 01634 835 796 
 
   Head of Company Secretariat 
 
   Brunswick Group 
 
   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

December 11, 2019 02:00 ET (07:00 GMT)

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