OSB GROUP PLC Director/Pdmr Shareholding
December 18 2020 - 11:27AM
UK Regulatory
TIDMOSB
LEI: 213800ZBKL9BHSL2K459
OSB GROUP PLC
(the Company)
Notification of Transactions of a Person Discharging Managerial
Responsibilities (PDMR)
The Company notifies changes in the interests of Natalie Gaunt (spouse
of John Gaunt, a PDMR) in the ordinary shares of GBP3.04 each of the
Company as follows:
The following disclosure is 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 Natalie Gaunt
2 - Reason for the notification
Position/status Spouse of John Gaunt, Group Chief
Information 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 OSB GROUP PLC
Legal Entity Identifier 213800ZBKL9BHSL2K459
code
4 - Details of the transaction(s)
Transaction(s) summary table
Date of Financial Identification Place of Currency
Transaction Instrument Code Transaction
----------- --------------- ---------------- -------------- --------------------
18 December Ordinary shares GB00BLDRH360 London Stock GBP -- British
2020 of GBP3.04 Exchange, Pound
each Main Market
(XLON)
----------- --------------- ---------------- -------------- --------------------
Nature of Transaction: Price Volume Total
Disposal
---------------------------- -------------- -------------- -------- ------------
GBP4.15 3,972 GBP16,483.80
----------- --------------- -------------- -------------- -------- ------------
Aggregated GBP4.15 3,972 GBP16,483.80
----------- --------------- -------------- -------------- -------- ------------
Enquiries:
OSB GROUP PLC
Nickesha Graham-Burrell, Group Head of Company Secretariat t: 01634
835 796
Brunswick
Robin Wrench / Simone Selzer t: 020 7404 5959
Notes to Editors
About OSB GROUP 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. On 4 October 2019, OSB acquired
Charter Court Financial Services Group plc (CCFS) and its subsidiary
businesses. On 30 November 2020, OSB GROUP PLC became the listed entity
and holding company for the OSB Group. 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. The Group reports under
two segments, OneSavings Bank and Charter Court Financial Services.
OneSavings Bank
OneSavings Bank 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, secured
funding lines and asset finance.
OneSavings Bank originates mortgages organically via specialist brokers
and independent financial advisers through its specialist brands
including Kent Reliance for Intermediaries and InterBay Commercial. It
is differentiated through its use of highly skilled, bespoke
underwriting and efficient operating model.
OneSavings Bank 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
securitisation programmes, the Term Funding Scheme, Term Funding Scheme
for SMEs and the Bank of England Indexed Long-Term Repo operation.
Charter Court Financial Services (CCFS)
CCFS focuses on providing Buy-to-Let and specialist residential
mortgages, mortgage servicing, administration and credit consultancy and
retail savings products. It operates through its three brands -- Precise
Mortgages, Exact Mortgage Experts and Charter Savings Bank.
It is differentiated through risk management expertise and best-of-breed
automated technology and systems, ensuring efficient processing, strong
credit and collateral risk control and speed of product development and
innovation. These factors have enabled strong balance sheet growth
whilst maintaining high credit quality mortgage assets.
CCFS is predominantly funded by retail savings originated through its
Charter Savings Bank brand. Diversification of funding is currently
provided by securitisation programmes, the Term Funding Scheme, Term
Funding Scheme for SMEs and the Bank of England Indexed Long-Term Repo
operation.
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December 18, 2020 12:27 ET (17:27 GMT)
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