Director/PDMR Shareholding

Osb

21/03/2025 11:44

LEI: 213800ZBKL9BHSL2K459

21 March 2025

OSB GROUP PLC
(the Company)

Notification of Transactions of Persons Discharging Managerial Responsibilities (PDMRs)

The Company notifies changes in the interests in the ordinary shares of £0.01 each of the Company of the Executive Directors and other PDMRs arising from awards vested under 2020 Performance Share Plan (PSP).

The 2020 PSP was granted on 19 March 2020 at a price of £2.5836 per ordinary share being the average closing price of the shares for the five dealing days leading up to the date of grant. 92.56 per cent of the awards vested and a sufficient number of ordinary shares were sold to satisfy the tax liabilities. The net number of ordinary shares received by each PDMR are subject to a one year holding period.

Name
Number of PSP Shares Forfeited
Number of PSP Shares Vesting
Total number of Shares Sold for Tax
Total number of Shares Retained in Corporate Nominee Account
Andrew Golding
4,656
57,931
27,324
30,607
Jens Bech
1,801
22,400
10,565
11,835
Jason Elphick
1,415
17,605
8,304
9,301
Hasan Kazmi
1,514
18,841
8,887
9,954
Clive Kornitzer
1,931
24,024
11,331
12,693
Lisa Odendaal
1,237
15,390
7,259
8,131
Richard Wilson
1,242
15,449
7,287
8,162

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 
a. Position/status
Chief Executive Officer


b. Initial notification/amendment


Initial Notification 
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Full name of the entity
OSB GROUP PLC
b. Legal Entity Identifier code
213800ZBKL9BHSL2K459
4. Details of the transaction(s): 
a. Description of the financial instrument, type of instrument 
Ordinary shares of £0.01 each 
Identification code
GB00BLDRH360
b. Nature of Transaction
Acquisition of shares following the vesting of the 2020 PSP.
Disposal – tax liability
c. Price(s) and Volume(s)
Price
Volume
(1) Nil
57,931
(2) £4.64239944
27,324
d. Aggregated Information: 
Aggregated volume

57,931
27,324
Aggregated price



Consideration Price: Nil
Total Sale Price: £126,848.92
e. Date of transaction
20 March 2025
f. Place of transaction
(1) Outside a trading venue 
(2) London Stock Exchange, Main Market (XLON)

1. Details of the person discharging managerial responsibilities / person closely associated
Name of natural person
Jens Bech
2. Reason for the notification 
c. Position/status
Group Commercial Director


d. Initial notification/amendment


Initial Notification 
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Full name of the entity
OSB GROUP PLC
b. Legal Entity Identifier code
213800ZBKL9BHSL2K459
4. Details of the transaction(s): 
a. Description of the financial instrument, type of instrument 
Ordinary shares of £0.01 each 
Identification code
GB00BLDRH360
b. Nature of Transaction
Acquisition of shares following the vesting of the 2020 PSP.
Disposal – tax liability
c. Price(s) and Volume(s)
Price
Volume
(1) Nil
22,400
(2) £4.64239944
10,565
d. Aggregated Information: 
Aggregated volume
(1) 22,400 
(2) 10565 



Aggregated price



Consideration Price: Nil
Total Sale Price: £49,046.95
e. Date of transaction
20 March 2025
f. Place of transaction
(1) Outside a trading venue 
(2) London Stock Exchange, Main Market (XLON)

1. Details of the person discharging managerial responsibilities / person closely associated
Name of natural person
Jason Elphick
2. Reason for the notification 
e. Position/status
Group General Counsel and Company Secretary


f. Initial notification/amendment


Initial Notification 
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Full name of the entity
OSB GROUP PLC
b. Legal Entity Identifier code
213800ZBKL9BHSL2K459
4. Details of the transaction(s): 
a. Description of the financial instrument, type of instrument 
Ordinary shares of £0.01 each 
Identification code
GB00BLDRH360
b. Nature of Transaction
Acquisition of shares following the vesting of the 2020 PSP.
Disposal – tax liability
c. Price(s) and Volume(s)
Price
Volume
(1) Nil
17,605
(2) £4.64239944
8,304
d. Aggregated Information: 
Aggregated volume

17,605
8,304


Aggregated price



Consideration Price: Nil
Total Sale Price: £38,550.48
e. Date of transaction
20 March 2025
f. Place of transaction
(1) Outside a trading venue 
(2) London Stock Exchange, Main Market (XLON)

1. Details of the person discharging managerial responsibilities / person closely associated
Name of natural person
Hasan Kazmi
2. Reason for the notification 
g. Position/status
Group Chief Risk Officer


h. Initial notification/amendment


Initial Notification 
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Full name of the entity
OSB GROUP PLC
b. Legal Entity Identifier code
213800ZBKL9BHSL2K459
4. Details of the transaction(s): 
a. Description of the financial instrument, type of instrument 
Ordinary shares of £0.01 each 
Identification code
GB00BLDRH360
b. Nature of Transaction
Acquisition of shares following the vesting of the 2020 PSP.
Disposal – tax liability
c. Price(s) and Volume(s)
Price
Volume
(1) Nil
18,841
(2) £4.64239944
8,887 
d. Aggregated Information: 
Aggregated volume

18,841
8,887


Aggregated price



Consideration Price: Nil
Total Sale Price: £41,257.00
e. Date of transaction
20 March 2025
f. Place of transaction
(1) Outside a trading venue 
(2) London Stock Exchange, Main Market (XLON)

1. Details of the person discharging managerial responsibilities / person closely associated
Name of natural person
Clive Kornitzer
2. Reason for the notification 
i. Position/status
Group Chief Operating Officer


j. Initial notification/amendment


Initial Notification 
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Full name of the entity
OSB GROUP PLC
b. Legal Entity Identifier code
213800ZBKL9BHSL2K459
4. Details of the transaction(s): 
a. Description of the financial instrument, type of instrument 
Ordinary shares of £0.01 each 
Identification code
GB00BLDRH360
b. Nature of Transaction
Acquisition of shares following the vesting of the 2020 PSP.
Disposal – tax liability
c. Price(s) and Volume(s)
Price
Volume
(1) Nil
24,024
(2) £4.64239944
11,331 
d. Aggregated Information: 
Aggregated volume

24,024
11,331


Aggregated price



Consideration Price: Nil
Total Sale Price: £52,603.03
e. Date of transaction
20 March 2025
f. Place of transaction
(1) Outside a trading venue 
(2) London Stock Exchange, Main Market (XLON)

1. Details of the person discharging managerial responsibilities / person closely associated
Name of natural person
Lisa Odendaal
2. Reason for the notification 
k. Position/status
Group Chief Internal Auditor


l. Initial notification/amendment


Initial Notification 
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Full name of the entity
OSB GROUP PLC
b. Legal Entity Identifier code
213800ZBKL9BHSL2K459
4. Details of the transaction(s): 
a. Description of the financial instrument, type of instrument 
Ordinary shares of £0.01 each 
Identification code
GB00BLDRH360
b. Nature of Transaction
Acquisition of shares following the vesting of the 2020 PSP.
Disposal – tax liability
c. Price(s) and Volume(s)
Price
Volume
(1) Nil
15,390
(2) £4.64239944
7,259
d. Aggregated Information: 
Aggregated volume

15,390
7,259
Aggregated price



Consideration Price: Nil
Total Sale Price: £33,699.18
e. Date of transaction
20 March 2025
f. Place of transaction
(1) Outside a trading venue 
(2) London Stock Exchange, Main Market (XLON)

1. Details of the person discharging managerial responsibilities / person closely associated
Name of natural person
Richard Wilson
2. Reason for the notification 
m. Position/status
Group Chief Credit Officer and MLRO


n. Initial notification/amendment


Initial Notification 
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. Full name of the entity
OSB GROUP PLC
b. Legal Entity Identifier code
213800ZBKL9BHSL2K459
4. Details of the transaction(s): 
a. Description of the financial instrument, type of instrument 
Ordinary shares of £0.01 each 
Identification code
GB00BLDRH360
b. Nature of Transaction
Acquisition of shares following the vesting of the 2020 PSP.
Disposal – tax liability
c. Price(s) and Volume(s)
Price
Volume
(1) Nil
15,449
(2) £4.64239944
7,287
d. Aggregated Information: 
Aggregated volume

15,449
7,287


Aggregated price



Consideration Price: Nil
Total Sale Price: £33,829.16
e. Date of transaction
20 March 2025
f. Place of transaction
(1) Outside a trading venue 
(2) London Stock Exchange, Main Market (XLON)

Enquiries:

Dionne Mortley-Forde
t: 01634 848 944
Group Head of Governance & Secretariat
Investor relations
Alastair Pate 
Group Head of 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 PLCs

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.