OSB GROUP PLC Documents Available At The Ukla

 
TIDMOSB 
 
 
   LEI: 213800ZBKL9BHSL2K459 
 
   OSB GROUP PLC 
 
   (the Company) 
 
   2020 Annual Report and Accounts and 2021 Notice of Annual General 
Meeting 
 
   The Annual Report and Accounts for the year ended 31 December 2020 and 
the 2021 Notice of Annual General Meeting (AGM) of the Company and Form 
of Proxy have today been submitted for inspection at the UKLA's document 
viewing facility via the National Storage Mechanism at: 
https://data.fca.org.uk/#/nsm/nationalstoragemechanism 
 
   Hard copies of these documents have been mailed to shareholders. 
 
   The AGM will be held at 90 Whitfield Street, Fitzrovia, London W1T 4EZ 
on Thursday, 27 May 2021 at 11 am. 
 
   Our preference had been to welcome shareholders in person to the meeting, 
particularly given the constraints we faced in 2020 due to the COVID-19 
pandemic. At present, however, public health guidance and legislation 
issued by the UK Government in relation to the pandemic mean that there 
are restrictions on public gatherings and travel. In light of these 
measures, together with the uncertainty as to any additional and/or 
alternative measures that may be put in place by the UK Government and, 
in order to protect the health and safety of the Company's shareholders 
and Directors, we are proposing to hold our AGM as a combined physical 
and electronic meeting. 
 
   This means that shareholders and other attendees will not currently be 
permitted to attend the AGM in person, save for such persons nominated 
by the Chairman of the meeting in order to establish a quorum. 
Shareholders' right to attend the AGM will be limited to participation 
through a video conferencing facility. Shareholders wishing to use the 
video conferencing facility should contact the Company by sending an 
e-mail to company.secretariat@osb.co.uk 
https://www.globenewswire.com/Tracker?data=xNVvXdsUqB0enRJIE2AVb6hpNp7DAlnmfwb7jx1sxwfASS-KswiX5BvDYQbSM5CSf7aqex5CUN46yolS3HsppkQfA8EZm9oT9ibQ-qmdXVEze01Z-yygWLV_j61oveCt 
no later than 11 am on Tuesday, 25 May 2021 asking for the relevant 
details. 
 
   The Company will continue to monitor public health guidance and 
legislation issued by the UK Government in relation to the COVID-19 
pandemic. However, given the constantly evolving nature of the situation, 
if it subsequently becomes possible to welcome a number of shareholders 
to the venue, attendance in person is likely to be restricted in terms 
of numbers and we would therefore still encourage shareholders not to 
attend the AGM in person and instead to participate in the meeting 
electronically via our video conferencing facility. Should it become 
appropriate to revise the current arrangements for the AGM, any such 
changes will be notified to shareholders through our website 
(www.osb.co.uk) and, where appropriate, by announcement made by the 
Company to a Regulatory Information Service. 
 
   Enquiries: 
 
   OSB GROUP PLC 
 
   Nickesha Graham-Burrell 
 
   Group Head of Company Secretariat 
 
   t: 01634 835 796 
 
   Investor relations 
 
   Email: osbrelations@osb.co.uk 
https://www.globenewswire.com/Tracker?data=uztiJmQeFZhxNvmbFzgEtJ3XTMHUv4-htiGNFo7fAZ7jZeAZAhGsmiyZ777x4kd6vyrhcYU0j5A0VgZJuxDW-7H3FXHn9ZbdQZA_fJTAy8s= 
t: 01634 838 973 
 
   Brunswick 
 
   t: 020 7404 5959 
 
   Robin Wrench / Simone Selzer 
 
   Notes to Editors 
 
   About OSB GROUP 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. On 4 October 2019, OSB acquired 
Charter Court Financial Services Group plc (CCFS) and its subsidiary 
businesses. On 30 November 2020, OSB GROUP PLC became the listed entity 
and holding company for the OSB Group. The Group provides specialist 
lending and retail savings and is authorised by the Prudential 
Regulation Authority, part of the Bank of England, and regulated by the 
Financial Conduct Authority and Prudential Regulation Authority. The 
Group reports under two segments, OneSavings Bank and Charter Court 
Financial Services. 
 
   OneSavings Bank 
 
   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 mortgages organically via specialist brokers and 
independent financial advisers through its specialist brands including 
Kent Reliance for Intermediaries and InterBay Commercial. It is 
differentiated through its use of highly 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 securitisation 
programmes and the Bank of England funding schemes including, the Term 
Funding Scheme and the Term Funding Scheme for SMEs. 
 
   Charter Court Financial Services Group 
 
   CCFS focuses on providing Buy-to-Let and specialist residential 
mortgages, mortgage servicing, administration and retail savings 
products. It operates through its brands: Precise Mortgages and Charter 
Savings Bank. 
 
   It is differentiated through risk management expertise and best-of-breed 
automated technology and systems, ensuring efficient processing, strong 
credit and collateral risk control and speed of product development and 
innovation. These factors have enabled strong balance sheet growth 
whilst maintaining high credit quality mortgage assets. 
 
   CCFS is predominantly funded by retail savings originated through its 
Charter Savings Bank brand. Diversification of funding is currently 
provided by securitisation programmes and the Bank of England funding 
schemes including, the Term Funding Scheme and the Term Funding Scheme 
for SMEs.
(END) Dow Jones Newswires
April 19, 2021 10:35 ET (14:35 GMT)
Osb (LSE:OSB)
Historical Stock Chart
From Jun 2024 to Jul 2024