OSB Osb Group Plc

 
TIDMOSB 
 
 
   LEI: 213800WTQKOQI8ELD692 
 
   OneSavings Bank plc 
 
   (the Company) 
 
   Block Listing 
 
   A block listing application has been made to the UK Listing Authority 
for a total of 962,000 Ordinary Shares of GBP0.01 each (the Shares) of 
the Company to be admitted to the Official List of the UK Listing 
Authority. An application has also been made to the London Stock 
Exchange for the Shares to be admitted to trading.  The Shares shall 
rank equally with the existing issued Shares of the Company. Admission 
is expected on or around 7 March 2018. The Shares will be allotted from 
time to time following the exercise of options pursuant to the Company's 
Sharesave Scheme (100,000); and vestings under the Deferred Share Bonus 
Plan (302,000) and Performance Share Plan (560,000). 
 
   Enquiries: 
 
   OneSavings Bank plc 
 
   Nickesha Graham-Burrell                               t: 01634 835 796 
 
   Deputy Company Secretary 
 
   Brunswick Group 
 
   Robin Wrench / Simone Selzer          t: 020 7404 5959 
 
   Notes to Editors 
 
   About OneSavings Bank plc 
 
   OneSavings Bank plc 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 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 Term Funding Scheme. 
 
   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/ 
 

(END) Dow Jones Newswires

March 05, 2018 12:30 ET (17:30 GMT)

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