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LEI: 213800WTQKOQI8ELD692
OneSavings Bank plc
(the Company)
Notification of Transaction of a Person Discharging Managerial
Responsibilities (PDMRs)
The Company has been notified that John Eastgate, a PDMR, transferred 3,358
ordinary shares of £0.01 each (Shares) to his wife, Christine Eastgate.
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
15 December 2017 Ordinary shares of £0.01 each GB00BM7S7K96 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Disposal Price Volume Total
£nil 3,358 £nil
Aggregated £nil 3,358 £nil
1 - Details of the person discharging managerial responsibilities /
person closely associated
Name of natural person Christine Eastgate
2 - Reason for the notification
Position/status Spouse of John Eastgate, 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
15 December 2017 Ordinary shares of £0.01 each GB00BM7S7K96 London Stock Exchange, Main Market (XLON) GBP - British Pound
Nature of Transaction: Acquisition Price Volume Total
£nil 3,358 £nil
Aggregated £nil 3,358 £nil
Enquiries:
OneSavings Bank plc
Michelle Boniface, Senior Assistant Company Secretary t: 01634 821285
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