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

OsbAnnouncement

21/09/2017 16:31

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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 of PDMRs in the
ordinary shares of £0.01 each (Shares) of the Company:
1. Sale of Shares at a price of £3.919746
 Name             Number of Shares sold  
 Executive Directors                     
 Andrew Golding   550,000                
 April Talintyre  250,000                

The disposals outlined above were made for tax purposes and following these
transactions Mr Golding is interested in 1,780,493 Shares in the Company,
representing 0.73 per cent of the Shares in issue and Ms Talintyre is
interested in 787,291 Shares in the Company, representing 0.32 per cent of the
Shares in issue.
1. Exercise of options at a price of £1.34 each relating to the 2014 3 Year
Sharesave Scheme.
 Name                 Number Shares  
 Executive Director                  
 April Talintyre (1)  6,716          
 Other PDMR                          
 Clive Kornitzer (2)  6,716          

(1 )Shares acquired
(2 )Shares sold

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  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       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                
    21 September 2017    Ordinary shares of £0.01 each   GB00BM7S7K96            London Stock Exchange, Main Market (XLON)     GBP - British Pound     
    Nature of Transaction:   Disposal                                Price                              Volume                             Total       
                         £3.919746                                   550,000                            2,155,860.3            
    Aggregated           £3.919746                                   550,000                            2,155,860.3            
                                                                                                                                                       

  

  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 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       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             
    20 September 2017    Ordinary shares of £0.01 each   GB00BM7S7K96                                London Stock Exchange, Main Market (XLON)                     GBP - British Pound  
    Nature of Transaction:                                                               Price                       Volume                                        Total                
    Acquisition                                          Aggregated                      £1.34                       6,716                                         £8,999.44            
    Date of Transaction                                                                                                                                                                 
    21 September 2017                                    Ordinary shares of £0.01 each   GB00BM7S7K96                London Stock Exchange, Main Market (XLON)     GBP - British Pound  
    Nature of Transaction:   Disposal                                                    Price                       Volume                                        Total                
                         £3.919746                                                       250,000                     979,936.5              
    Aggregated           £3.919746                                                       250,000                     979,936.5              
                                                                                                                                                                                        
                                                                                                                                                                   
                                                                                                                                                                                        

  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       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                
    20 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              
    Disposal                                                         £1.34                              6,716                              £8,999.44   
                         Aggregated                      £1.34                   6,716                                         £8,999.44   
                                                                                                                                                       

Enquiries:

OneSavings Bank plc
Alastair Pate, Head of Investor Relations           
            t: 01634 838973

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
('PRA'), part of the Bank of England, and regulated by the Financial Conduct
Authority ('FCA') and PRA.

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, the Funding for Lending Scheme and the 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