REG-OneSavings Bank plc : Director/PDMR Shareholding <Origin Href="QuoteRef">OSBO.L</Origin>
25/09/2017 17:10
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LEI: 213800WTQKOQI8ELD692
OneSavings Bank plc
(the Company)
Notification of Transactions of Persons Discharging Managerial
Responsibilities (PDMRs)
The Company notifies the grant of options over ordinary shares of £0.01 each
of the Company to PDMRs at a price of £3.1454 each relating to the 2017 3
Year Sharesave Scheme.
Name Number of Options Granted
PDMRs
Jens Bech 2,861
Richard Davis 2,861
Jason Elphick 1,144
Richard Wilson 2,289
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
22 September 2017 Ordinary shares of £0.01 each GB00BM7S7K96 Outside a trading venue GBP - British Pound
Nature of Transaction: Grant of options Price Volume Total
£3.1454 2,861 £8,998.99
Aggregated £3.1454 2,861 £8,998.99
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
22 September 2017 Ordinary shares of £0.01 each GB00BM7S7K96 Outside a trading venue GBP - British Pound
Nature of Transaction: Grant of options Price Volume Total
£3.1454 2,861 £8,998.99
Aggregated £3.1454 2,861 £8,998.99
1 - Details of the person discharging managerial responsibilities /
person closely associated
Name of natural person Jason Elphick
2 - Reason for the notification
Position/status Group General Counsel and Company Secretary
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
22 September 2017 Ordinary shares of £0.01 each GB00BM7S7K96 Outside a trading venue GBP - British Pound
Nature of Transaction: Grant of options Price Volume Total
£3.1454 1,144 £3,598.34
Aggregated £3.1454 1,144 £3,598.34
1 - Details of the person discharging managerial responsibilities /
person closely associated
Name of natural person Richard Wilson
2 - Reason for the notification
Position/status Group Chief Credit 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
22 September 2017 Ordinary shares of £0.01 each GB00BM7S7K96 Outside a trading venue GBP - British Pound
Nature of Transaction: Grant of options Price Volume Total
£3.1454 2,289 £7,199.82
Aggregated £3.1454 2,289 £7,199.82
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.
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