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

OsbAnnouncement

29/03/2016 15:40

OneSavings Bank plc 
 (the 'Company') 
 
 Directors' Dealings 
 
 The Company announces that: 
 
 On 29 March 2016 it received notification that, on 23 March 2016 Mr Stephan
Wilcke, a Non-Executive Director of the Company, sold 250,000 ordinary shares
in the Company at an aggregate price of 311.522 pence per share. 
 
 Following this transaction Mr Wilcke is interested in 50,000 ordinary shares
in OneSavings Bank plc, representing 0.02 per cent of the ordinary shares in
issue. 
 
 For further information contact: 
 
 Enquiries: 
 
 OneSavings Bank plc 
 Alastair Pate, Head of Investor Relations            t: 01634
838973 
 
 Brunswick
                                           
            t:  020 7404 5959 
 Michael Harrison / Robin Wrench / Craig Breheny / Simone Selzer 
 
 Notes to Editors 
 
 About OneSavings Bank plc 
 
 OneSavings Bank plc ('OSB') began trading as a bank on 1 February 2011 when
the trade and assets of Kent Reliance Building Society ('KRBS') were
transferred into the business. 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 focuses on selected sub-sectors of the lending market in which it has
established expertise, platforms and capabilities, and where opportunities
have been identified for both high returns on a risk-adjusted basis and strong
growth. These include Residential Mortgages (comprising first charge, second
charge and shared ownership), Buy-to-Let/SME and Personal Loans. OSB
originates organically through specialist brokers and independent financial
advisors. 
 
 OSB is predominantly funded by retail savings originated through the
established Kent Reliance franchise, which includes a network of branches in
the South East of England, as well as online and postal channels.
Diversification of funding is currently provided by a securitisation and OSB
joined the Funding for Lending Scheme in early 2014. 
 

 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#1997983