ONESAVINGS BANK PLC Onesavings Bank Plc : Director/Pdmr Shareholding
September 28 2018 - 10:45AM
UK Regulatory
TIDMOSB
LEI: 213800WTQKOQI8ELD692
OneSavings Bank plc
(the Company)
Notification of Transactions of Persons Discharging Managerial
Responsibilities (PDMRs)
The Company notifies the grant of options over ordinary shares of
GBP0.01 each of the Company to PDMRs at a price of GBP3.3451 each,
relating to the 2018 3 Year Sharesave Scheme.
Name Number of Options Granted
PDMRs
Jens Bech 2,690
Jason Elphick 1,076
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 Jens Bech
2 - Reason for the notification
Position/status Group Commercial 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 Financial Identification Place of Currency
Transaction Instrument Code Transaction
28 September Ordinary GB00BM7S7K96 Outside a GBP - British Pound
2018 shares of trading
GBP0.01 venue
each
Nature of Transaction: Price Volume Total
Grant of Options
GBP3.3451 2,690 GBP8,998.32
Aggregated GBP3.3451 2,690 GBP8,998.32
1 - Details of the person discharging managerial responsibilities /
person closely associated
Name of natural person Jason Elphick
2 - Reason for the notification
Position/status Group General Counsel and Company Secretary
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
28 September Ordinary GB00BM7S7K96 Outside a GBP - British Pound
2018 shares of trading
GBP0.01 venue
each
Nature of Transaction: Price Volume Total
Grant of Options
GBP3.3451 1,076 GBP3,599.33
Aggregated GBP3.3451 1,076 GBP3,599.33
Enquiries:
OneSavings Bank plc
Nickesha Graham-Burrell, Head of Company Secretariat t: 01634 835 796
Brunswick
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 West Corporation on behalf of West
Corporation 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
September 28, 2018 11:45 ET (15:45 GMT)
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