Director/ PDMR shareholding
22 March 2024
OSB GROUP PLC
(the Company)
Notification of Transactions of
Persons Discharging Managerial Responsibilities
(PDMRs)
The Company notifies the following changes
in the interests in the ordinary shares of £0.01 each (Shares) of
the Company of the Executive Directors and other PDMRs arising from
awards granted under the Deferred Share Bonus Plan (DSBP) and
Performance Share Plan (PSP) on 21 March 2024 at a price of £3.8613
per Share being the average of the three Dealing Days post the 2023
preliminary results. This is in line with our normal approach to
determining the grant level.
The purpose of the DSBP is to facilitate the
deferral of part of a participant’s annual bonus into
Shares. Awards to Executive Directors cannot be sold for at
least three years after grant and awards to other PDMRs cannot be
sold for at least one year after grant. DSBP awards will not be
subject to performance conditions.
The PSP awards are based on a mixture of
internal financial performance targets, risk-based measures, ESG
measures and relative total shareholder return. The
performance targets will be measured over three financial years
with vesting in five equal tranches between three and seven years
following grant. Clawback and malus provisions apply to these
Awards.
Name |
Number of Shares acquired |
Executive Directors |
|
DSBP |
PSP |
TOTAL |
Andrew Golding |
56,199 |
261,142
|
317,341 |
April Talintyre |
33,581 |
N.A.* |
33,581 |
Other PDMRs |
Jens Bech |
19,382 |
91,531 |
110,913 |
Jason Elphick |
17,267 |
84,026 |
101,293 |
Jon Hall |
19,597 |
95,363 |
114,960 |
Peter Hindle |
12,951 |
63,020 |
75,971 |
Victoria Hyde |
20,859 |
98,506 |
119,365 |
Hasan Kazmi |
19,921 |
96,126 |
116,047 |
Clive Kornitzer |
21,446 |
104,362 |
125,808 |
Lisa Odendaal |
14,098 |
65,658 |
79,756 |
Richard Wilson |
15,092 |
72,823 |
87,915 |
*
A PSP award has not been granted to April Talintyre who will be
retiring from the Company on 9 May 2024
The following disclosures are made in
accordance with Article 19 of the UK Market Abuse
Regulation.
1 - Details of the person
discharging managerial responsibilities / person closely
associated
Name of
natural person |
Andrew Golding
|
|
|
|
|
2 - Reason for the notification
Position/status |
Chief Executive
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 |
OSB GROUP PLC
|
|
|
Legal
Entity Identifier code |
213800ZBKL9BHSL2K459
|
4 - Details of the transaction(s)
Transaction(s) summary table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
21 March 2024 |
Ordinary shares of £0.01 each |
GB00BLDRH360 |
Outside a trading venue |
GBP – British Pound |
|
Nature of Transaction:
Grant of Awards
|
|
Price |
Volume |
Total |
£3.8613 |
317,341 |
£1,225,348.80 |
Aggregated |
£3.8613 |
317,341 |
£1,225,348.80 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 - Details of the person
discharging managerial responsibilities / person closely
associated
Name of
natural person |
April Talintyre
|
|
|
|
|
2 - Reason for the notification
Position/status |
Chief Finance
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 |
OSB GROUP PLC
|
|
|
Legal
Entity Identifier code |
213800ZBKL9BHSL2K459
|
4 - Details of the transaction(s)
Transaction(s) summary table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
21 March 2024 |
Ordinary shares of £0.01 each |
GB00BLDRH360 |
Outside a trading venue |
GBP – British Pound |
|
Nature of Transaction:
Grant of Awards
|
|
Price |
Volume |
Total |
£3.8613 |
33,581 |
£129,666.32 |
Aggregated |
£3.8613 |
33,581 |
£129,666.32 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 - Details of the person
discharging managerial responsibilities / person closely
associated
Name of
natural person |
Jens Bech |
|
2 - Reason for the notification
Position/status |
Group Commercial
Director |
|
|
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 |
OSB GROUP PLC
|
|
|
Legal
Entity Identifier code |
213800ZBKL9BHSL2K459
|
4 - Details of the transaction(s)
Transaction(s) summary table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
21 March 2024 |
Ordinary shares of £0.01 each |
GB00BLDRH360 |
Outside a trading venue |
GBP – British Pound |
|
Nature of Transaction:
Grant of Awards
|
|
Price |
Volume |
Total |
£3.8613 |
110,913
|
£428,268.37
|
Aggregated |
£3.8613 |
110,913
|
£428,268.37
|
|
|
|
|
|
|
|
|
|
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 |
OSB GROUP PLC
|
|
|
Legal
Entity Identifier code |
213800ZBKL9BHSL2K459
|
4 - Details of the transaction(s)
Transaction(s) summary
table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
21 March 2024 |
Ordinary shares of £0.01 each |
GB00BLDRH360 |
Outside a trading venue |
GBP – British Pound |
|
Nature of Transaction:
Grant of Awards
|
|
Price |
Volume |
Total |
£3.8613 |
101,293
|
£391,122.66
|
Aggregated |
£3.8613 |
101,293
|
£391,122.66
|
|
|
|
|
|
|
|
|
|
1 - Details of the person
discharging managerial responsibilities / person closely
associated
Name of
natural person |
Jon Hall |
|
2 - Reason for the notification
Position/status |
Group Managing
Director, Mortgages and Savings |
|
|
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 |
OSB GROUP PLC
|
|
|
Legal
Entity Identifier code |
213800ZBKL9BHSL2K459
|
4 - Details of the transaction(s)
Transaction(s) summary
table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
|
21 March 2024 |
Ordinary shares of £0.01 each |
GB00BLDRH360 |
Outside a trading venue |
GBP – British Pound |
|
|
Nature of Transaction:
Grant of Awards
|
|
Price |
Volume |
Total |
|
£3.8613 |
114,960
|
£443,895.05
|
|
Aggregated |
£3.8613 |
114,960
|
£443,895.05
|
|
|
|
|
|
|
|
|
|
|
|
1 - Details of the person
discharging managerial responsibilities / person closely
associated
Name of
natural person |
Peter Hindle |
|
2 - Reason for the notification
Position/status |
Group Chief
Information 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 |
OSB GROUP PLC
|
|
|
Legal
Entity Identifier code |
213800ZBKL9BHSL2K459
|
4 - Details of the transaction(s)
Transaction(s) summary
table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
|
21 March 2024 |
Ordinary shares of £0.01 each |
GB00BLDRH360 |
Outside a trading venue |
GBP – British Pound |
|
|
Nature of Transaction:
Grant of Awards
|
|
Price |
Volume |
Total |
|
£3.8613 |
75,971
|
£293,346.82
|
|
Aggregated |
£3.8613 |
75,971
|
£293,346.82
|
|
|
|
|
|
|
|
|
|
|
|
1 - Details of the person
discharging managerial responsibilities / person closely
associated
Name of
natural person |
Victoria
Hyde |
|
2 - Reason for the notification
Position/status |
Deputy Chief
Financial 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 |
OSB GROUP PLC
|
|
|
Legal
Entity Identifier code |
213800ZBKL9BHSL2K459
|
4 - Details of the transaction(s)
Transaction(s) summary
table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
|
21 March 2024 |
Ordinary shares of £0.01 each |
GB00BLDRH360 |
Outside a trading venue |
GBP – British Pound |
|
|
Nature of Transaction:
Grant of Awards
|
|
Price |
Volume |
Total |
|
£3.8613 |
119,365
|
£460,904.07
|
|
Aggregated |
£3.8613 |
119,365
|
£460,904.107
|
|
|
|
|
|
|
|
|
|
|
|
1 - Details of the person
discharging managerial responsibilities / person closely
associated
Name of
natural person |
Hasan Kazmi |
|
2 - Reason for the notification
Position/status |
Group Chief Risk
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 |
OSB GROUP PLC
|
|
|
Legal
Entity Identifier code |
213800ZBKL9BHSL2K459
|
4 - Details of the transaction(s)
Transaction(s) summary
table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
|
21 March 2024 |
Ordinary shares of £0.01 each |
GB00BLDRH360 |
Outside a trading venue |
GBP – British Pound |
|
|
Nature of Transaction:
Grant of Awards
|
|
Price |
Volume |
Total |
|
£3.8613 |
116,047
|
£448,092.28
|
|
Aggregated |
£3.8613 |
116,047
|
£448,092.28
|
|
|
|
|
|
|
|
|
|
|
|
1 - Details of the person
discharging managerial responsibilities / person closely
associated
Name of
natural person |
Clive
Kornitzer |
|
2 - Reason for the notification
Position/status |
Group Chief
Operating 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 |
OSB GROUP PLC
|
|
|
Legal
Entity Identifier code |
213800ZBKL9BHSL2K459
|
4 - Details of the transaction(s)
Transaction(s) summary
table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
21 March 2024 |
Ordinary shares of £0.01 each |
GB00BLDRH360 |
Outside a trading venue |
GBP – British Pound |
|
Nature of Transaction:
Grant of Awards
|
|
Price |
Volume |
Total |
£3.8613 |
125,808
|
£485,782.43
|
Aggregated |
£3.8613 |
125,808
|
£485,782.43
|
|
|
|
|
|
|
|
|
|
1 - Details of the person
discharging managerial responsibilities / person closely
associated
Name of
natural person |
Lisa
Odendaal |
|
2 - Reason for the notification
Position/status |
Group Chief
Internal Auditor |
|
|
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 |
OSB GROUP PLC
|
|
|
Legal
Entity Identifier code |
213800ZBKL9BHSL2K459
|
4 - Details of the transaction(s)
Transaction(s) summary table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
21 March 2024 |
Ordinary shares of £0.01 each |
GB00BLDRH360 |
Outside a trading venue |
GBP – British Pound |
|
Nature of Transaction:
Grant of Awards
|
|
Price |
Volume |
Total |
£3.8613 |
79,756
|
£307,961.84
|
Aggregated |
£3.8613 |
79,756
|
£307,961.84
|
|
|
|
|
|
|
|
|
|
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 and Compliance 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 |
OSB GROUP PLC
|
|
|
Legal
Entity Identifier code |
213800ZBKL9BHSL2K459
|
4 - Details of the transaction(s)
Transaction(s) summary
table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
21 March 2024 |
Ordinary shares of £0.01 each |
GB00BLDRH360 |
Outside a trading venue |
GBP – British Pound |
|
Nature of Transaction:
Grant of Awards
|
|
Price |
Volume |
Total |
£3.8613 |
87,915
|
£339,466.19 |
Aggregated |
£3.8613 |
87,915
|
£339,466.19 |
|
|
|
|
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 and Compliance 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 |
OSB GROUP PLC
|
|
|
Legal
Entity Identifier code |
213800ZBKL9BHSL2K459
|
4 - Details of the transaction(s)
Transaction(s) summary table
|
Date of Transaction |
Financial Instrument |
Identification Code |
Place of Transaction |
Currency |
|
21 March 2024 |
Ordinary shares of £0.01 each |
GB00BLDRH360 |
Outside a trading venue |
GBP – British Pound |
|
Nature of Transaction:
Grant of Awards
|
|
Price |
Volume |
Total |
£3.8613 |
87,915 |
£339,466.19 |
Aggregated |
£3.8613 |
87,915 |
£339,466.19 |
|
|
|
|
|
|
|
|
|
Enquiries:
OSB GROUP PLC
Dionne Mortley-Forde
t:
01634 835 796
Group Head of Company
Secretariat
Investor relations
Email: osbrelations@osb.co.uk
t:
01634 838973
Brunswick
Robin Wrench / Simone Selzer
t: 020 7404 5959
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 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.
Osb (LSE:OSB)
Historical Stock Chart
From Jun 2024 to Jul 2024
Osb (LSE:OSB)
Historical Stock Chart
From Jul 2023 to Jul 2024