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

OsbAnnouncement

25/10/2017 12:31

For best results when printing this announcement, please click on link below:
http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20171025:nGNE7sBlkb


LEI: 213800WTQKOQI8ELD692

OneSavings Bank plc
(the Company)

Notification of Transaction of a Person Discharging Managerial
Responsibilities (PDMRs)

The Company notifies the following change in the interests of a PDMR in the
ordinary shares of £0.01 each (Shares) of the Company.

 Name           Number of Shares disposed  
 Richard Davis  5,142                      

  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                
    24 October 2017      Ordinary shares of £0.01 each   GB00BM7S7K96            London Stock Exchange, Main Market (XLON)     GBP - British Pound     
    Nature of Transaction:   Disposal                                Price                              Volume                             Total       
                         £4.1527                                     5,142                              21,353.18              
    Aggregated           £4.1527                                     5,142                              21,353.18              
                                                                                                                                                       

  

Enquiries:

OneSavings Bank plc
Nickesha Graham-Burrell, Deputy Company Secretary     t: 01634 835 796

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