ONESAVINGS BANK PLC Onesavings Bank Plc : Director/Pdmr Shareholding
September 21 2017 - 10:30AM
UK Regulatory
TIDMOSB
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 GBP0.01 each (Shares) of the Company:
1. Sale of Shares at a price of GBP3.919746
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 GBP1.34 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 Financial Identification Place of
Transaction Instrument Code Transaction Currency
Ordinary London Stock
shares of Exchange,
21 September GBP0.01 Main Market
2017 each GB00BM7S7K96 (XLON) GBP - British Pound
Nature of Transaction:
Disposal Price Volume Total
GBP3.919746 550,000 2,155,860.3
Aggregated GBP3.919746 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 Financial Identification
Transaction Instrument Code Place of Transaction Currency
Ordinary
shares of GBP -
20 September GBP0.01 London Stock Exchange, British
2017 each GB00BM7S7K96 Main Market (XLON) Pound
Nature of Transaction: Price Volume Total
Acquisition Aggregated GBP1.34 6,716 GBP8,999.44
Date of Transaction
London
Stock
Ordinary shares Exchange, GBP -
of GBP0.01 Main Market British
21 September 2017 each GB00BM7S7K96 (XLON) Pound
Nature of Transaction:
Disposal Price Volume Total
GBP3.919746 250,000 979,936.5
Aggregated GBP3.919746 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 Financial Identification Place of Currency
Transaction Instrument Code Transaction
20 September Ordinary GB00BM7S7K96 London Stock GBP - British Pound
2017 shares of Exchange,
GBP0.01 Main Market
each (XLON)
Nature of Transaction: Price Volume Total
Acquisition
GBP1.34 6,716 GBP8,999.44
Aggregated GBP1.34 6,716 GBP8,999.44
Disposal GBP1.34 6,716 GBP8,999.44
Aggregated GBP1.34 6,716 GBP8,999.44
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
http://www.osb.co.uk/
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