REG-OneSavings Bank plc : Director/PDMR Shareholding <Origin Href="QuoteRef">OSBO.L</Origin>

OsbAnnouncement

01/09/2017 10:40

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LEI: 213800WTQKOQI8ELD692

OneSavings Bank 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 an Executive Director and
other PDMRs arising from the exercise of options at a price of £1.34 each
relating to the 2014 3 Year Sharesave Scheme.

 Name           Number Shares acquired  
 Other PDMRs                            
 Jens Bech      6,716                   
 Richard Davis  6,716                   
 John Eastgate  6,716                   

The following disclosures are made in accordance with Article 19 of the EU
Market Abuse Regulation 596/2014.

  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       OneSavings Bank plc   
                                                     
 Legal Entity Identifier code  213800WTQKOQI8ELD692  

4 - Details of the transaction(s)

  Transaction(s) summary table



    Date of Transaction  Financial Instrument            Identification Code     Place of Transaction                          Currency                
    1 September 2017     Ordinary shares of £0.01 each   GB00BM7S7K96            London Stock Exchange, Main Market (XLON)     GBP - British Pound     
    Nature of Transaction:   Acquisition                             Price                              Volume                             Total       
                         £1.34                                       6,716                              £8,999.44              
    Aggregated           £1.34                                       6,716                              £8,999.44              
                                                                                                                                                       

  1 - Details of the person discharging managerial responsibilities / person
closely associated



 Name of natural person  Richard Davis    

2 - Reason for the notification



 Position/status                 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       OneSavings Bank plc   
                                                     
 Legal Entity Identifier code  213800WTQKOQI8ELD692  

4 - Details of the transaction(s)

  Transaction(s) summary table



    Date of Transaction  Financial Instrument            Identification Code     Place of Transaction                          Currency                
    1 September 2017     Ordinary shares of £0.01 each   GB00BM7S7K96            London Stock Exchange, Main Market (XLON)     GBP - British Pound     
    Nature of Transaction:   Acquisition                             Price                              Volume                             Total       
                         £1.34                                       6,716                              £8,999.44              
    Aggregated           £1.34                                       6,716                              £8,999.44              
                                                                                                                                                       

  1 - Details of the person discharging managerial responsibilities / person
closely associated



 Name of natural person  John Eastgate    

2 - Reason for the notification



 Position/status                 Sales & Marketing 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       OneSavings Bank plc   
                                                     
 Legal Entity Identifier code  213800WTQKOQI8ELD692  

4 - Details of the transaction(s)

  Transaction(s) summary table



    Date of Transaction  Financial Instrument            Identification Code     Place of Transaction                          Currency                
    1 September 2017     Ordinary shares of £0.01 each   GB00BM7S7K96            London Stock Exchange, Main Market (XLON)     GBP - British Pound     
    Nature of Transaction:   Acquisition                             Price                              Volume                             Total       
                         £1.34                                       6,716                              £8,999.44              
    Aggregated           £1.34                                       6,716                              £8,999.44              
                                                                                                                                                       

Enquiries:

OneSavings Bank plc
Alastair Pate, Group Head of Investor Relations  t: 01634 838 973

Brunswick                                           
            
Robin Wrench / Simone Selzer
                         
             t:  020 7404 5959

Notes to Editors

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 access to a securitisation programme; and the
Funding for Lending Scheme and Term Funding Scheme, which OSB joined in 2014
and 2016, respectively.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of
Nasdaq 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: OneSavings Bank plc via Globenewswire