REG-ONE Savings Bank PLC : Director Declaration <Origin Href="QuoteRef">OSBO.L</Origin>

OsbAnnouncement

18/05/2016 10:00

OneSavings Bank plc 
 
 (the Company) 
 
 Director Declaration 
 
 Mary McNamara - Non-Executive Directorship 
 
 Following the Initial Public Offering of Motorpoint plc on 18 May 2016 and in
accordance with Listing Rule 9.6.14R, OneSavings Bank plc announces that Mary
McNamara is a Non-Executive Director of Motorpoint plc. 
 
 Enquiries: 
 
 OneSavings Bank plc 
 
 Alastair Pate t: 01634 838 973 
 
 Brunswick Group 
 
 Robin Wrench / Simone Selzer t: 020 7404 5959 
 
 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. 
 
 OSB primarily targets underserved 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 and secured funding lines. 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. Diversification of
funding is currently provided by securitisation and participation in the
Funding for Lending Scheme. 
 

 This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf
of NASDAQ OMX Corporate Solutions clients. 
 The issuer of this announcement warrants that they are solely responsible for
the content, accuracy and originality of the information contained therein. 
 Source: ONE Savings Bank PLC via Globenewswire 
 HUG#2013532