REG-OneSavings Bank plc : Holding(s) in Company <Origin Href="QuoteRef">OSBO.L</Origin>

OsbAnnouncement

26/05/2017 16:05

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 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i)                                                                                                                                                              
                                                                                                                                                                                                                 
 1. Identity of the issuer or the underlying issuer                                                                                                                                          OneSavings Bank PLC 
 of existing shares to which voting rights are                                                                                                                                                                   
 attached: (ii)                                                                                                                                                                                                  
 2 Reason for the notification (please tick the appropriate box or boxes):                                                                                                                                       
 An acquisition or disposal of voting rights                                                                                                                                                  X                  
 An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached                                                 
 An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments                                                                                                      
 An event changing the breakdown of voting rights                                                                                                                                                                
 Other (please specify):                                                                                                                                                                                         
 3. Full name of person(s) subject to the                                      J. Christopher Flowers JCF Associates III Ltd JCF Associates III L.P. JCF III AIV II L.P. J.C. Flowers III B-L.P. OSB Holdco Ltd. 
 notification obligation: (iii)                                                                                                                                                                                  
 4. Full name of shareholder(s)                                                                                                                                                           Chase Nominees Limited 
 (if different from 3.): (iv)                                                                                                                                                                                    
 5. Date of the transaction and date on                                                                                                                                                              25 May 2017 
 which the threshold is crossed or                                                                                                                                                                               
 reached: (v)                                                                                                                                                                                                    
 6. Date on which issuer notified:                                                                                                                                                                   25 May 2017 
 7. Threshold(s) that is/are crossed or                                                                                                                         42%, 41%, 40%, 39%, 38%, 37%, 36%, 35%, 34%, 32% 
 reached: (vi, vii)                                                                                                                                                                                              

 8. Notified details:                                                                                                                                                                                                                
 A: Voting rights attached to shares (viii, ix)                                                                                                                                                                                      
 Class/type of                     Situation previous                                                          Resulting situation after the triggering transaction                                                                  
 shares                            to the triggering                                                                                                                                                                                 
 if possible using the ISIN CODE   transaction                                                                                                                                                                                       
                                                         Number                                Number                                Number                      Number of voting                      % of 
                                                         of                                    of                                    of shares                   rights                                votin 
                                                         Shares                                Voting                                                                                                  g    
                                                                                               Rights                                                                                                  right 
                                                                                                                                                                                                       s (x) 
                                               Direct              Direct (xi)                 Indirect (xii)  Direct                              Indirect                    
 GB00BM7S7K96                      102,843,873                     102,843,873                                 0                     0                           76,498,107    0                                 31.45               
 Ordinary shares of 1p             
                                                                                                                                                                                                                                     
 B: Qualifying Financial Instruments                                                                                                                                                                                                 
 Resulting situation after the triggering transaction                                                                                                                                                                                
 Type of financial                                       Expiration              Exercise/                                                         Number of voting                                    % of voting                   
 instrument                                              date (xiii)             Conversion Period (xiv)                                           rights that may be                                  rights                        
                                                                                                                                                   acquired if the                                                                   
                                                                                                                                                   instrument is                                                                     
                                                                                                                                                   exercised/ converted.                                                             
                                                                                                                                                                                                                                     
                                                                                                                                                                                                                                     
 C: Financial Instruments with similar economic effect to Qualifying Financial Instruments (xv, xvi)                                                                                                                                 
 Resulting situation after the triggering transaction                                                                                                                                                                                
 Type of financial                             Exercise price      Expiration date (xvii)      Exercise/                             Number of voting rights instrument refers to            % of voting rights (xix, xx)            
 instrument                                                                                    Conversion period (xviii)                                                                                                             
                                                                                                                                                                                             Nominal                       Delta     
                                                                                                               
                                                                                                                                                                                                                                     
 Total (A+B+C)                                                                                                                                                                                                                       
 Number of voting rights                                                                                                  Percentage of voting rights                                                                                
 76,498,107                                                                                                               31.45                                                                                                      

 9. Chain of controlled undertakings through which the voting rights and/or the       
 financial instruments are effectively held, if applicable: (xxi)                     
 Chase Nominees Limited holds the voting rights in OSB Holdco as nominee for OSB Holdco Limited. A majority of voting rights in OSB Holdco Limited are held by JCF Associates III L.P. as general partner of each of (i) JCF III AIV II L.P. and (ii) J C Flowers III-B L.P. JCF Associates III Ltd is the general partner of JCF Associates III L.P. J. Christopher Flowers holds a majority of voting rights in JCF Associates III L.P. 
                                                                                      
 Proxy Voting:                                                                        
 10. Name of the proxy holder:                                                    N/A 
 11. Number of voting rights proxy holder will cease                              N/A 
 to hold:                                                                             
 12. Date on which proxy holder will cease to hold                                N/A 
 voting rights:                                                                       
                                                                                      
 13. Additional information:                                                          
 14. Contact name:                       Charlotte Cutler Assistant Company Secretary 
 15. Contact telephone number:                                           01634 821310 
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