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Director/PDMR Shareholding

OneSavings Bank plc
·8-min read

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 £0.01 each of the Company to PDMRs at a price of £2.29013 each, relating to the 2020 3 Year Sharesave Scheme.

Name

Number of Options Granted

Executive Directors

Andy Golding

7,859

April Talintyre

7,859

Other PDMRs

Jens Bech

7,859

Alan Cleary

7,859

Peter Elcock

7,859

Jason Elphick

7,859

John Gaunt

7,859

Lisa Odendaal

7,859

Paul Whitlock

7,859

Richard Wilson

7,859

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

Andy 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 Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

28 October 2020

Ordinary shares of £0.01 each

GB00BM7S7K96

Outside a trading venue

GBP – British Pound

Nature of Transaction:



Grant of Options

Price

Volume

Total

£2.29013

7,859

£17,998.13

Aggregated

£2.29013

7,859

£17,998.13

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 Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

28 October 2020

Ordinary shares of £0.01 each

GB00BM7S7K96

Outside a trading venue

GBP – British Pound

Nature of Transaction:



Grant of Options

Price

Volume

Total

£2.29013

7,859

£17,998.13

Aggregated

£2.29013

7,859

£17,998.13

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 Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

28 October 2020

Ordinary shares of £0.01 each

GB00BM7S7K96

Outside a trading venue

GBP – British Pound

Nature of Transaction:



Grant of Options

Price

Volume

Total

£2.29013

7,859

£17,998.13

Aggregated

£2.29013

7,859

£17,998.13

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person

Alan Cleary

2 - Reason for the notification

Position/status

Group Managing Director, Mortgages

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 Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

28 October 2020

Ordinary shares of £0.01 each

GB00BM7S7K96

Outside a trading venue

GBP – British Pound

Nature of Transaction:



Grant of Options

Price

Volume

Total

£2.29013

7,859

£17,998.13

Aggregated

£2.29013

7,859

£17,998.13

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person

Peter Elcock

2 - Reason for the notification

Position/status

Chief Risk Officer, CCFS

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 Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

28 October 2020

Ordinary shares of £0.01 each

GB00BM7S7K96

Outside a trading venue

GBP – British Pound

Nature of Transaction:



Grant of Options

Price

Volume

Total

£2.29013

7,859

£17,998.13

Aggregated

£2.29013

7,859

£17,998.13

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 Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

28 October 2020

Ordinary shares of £0.01 each

GB00BM7S7K96

Outside a trading venue

GBP – British Pound

Nature of Transaction:



Grant of Options

Price

Volume

Total

£2.29013

7,859

£17,998.13

Aggregated

£2.29013

7,859

£17,998.13

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person

John Gaunt

2 - Reason for the notification

Position/status

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

OneSavings Bank plc

Legal Entity Identifier code

213800WTQKOQI8ELD692

4 - Details of the transaction(s)

Transaction(s) summary table

Date of Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

28 October 2020

Ordinary shares of £0.01 each

GB00BM7S7K96

Outside a trading venue

GBP – British Pound

Nature of Transaction:



Grant of Options

Price

Volume

Total

£2.29013

7,859

£17,998.13

Aggregated

£2.29013

7,859

£17,998.13

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person

Lisa Odendaal

2 - Reason for the notification

Position/status

Group Chief Internal Auditor

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 Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

28 October 2020

Ordinary shares of £0.01 each

GB00BM7S7K96

Outside a trading venue

GBP – British Pound

Nature of Transaction:



Grant of Options

Price

Volume

Total

£2.29013

7,859

£17,998.13

Aggregated

£2.29013

7,859

£17,998.13

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person

Paul Whitlock

2 - Reason for the notification

Position/status

Group Managing Director, Savings

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 Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

28 October 2020

Ordinary shares of £0.01 each

GB00BM7S7K96

Outside a trading venue

GBP – British Pound

Nature of Transaction:



Grant of Options

Price

Volume

Total

£2.29013

7,859

£17,998.13

Aggregated

£2.29013

7,859

£17,998.13

1 - Details of the person discharging managerial responsibilities / person closely associated

Name of natural person

Richard Wilson

2 - Reason for the notification

Position/status

Group Chief Credit 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 Transaction

Financial Instrument

Identification Code

Place of Transaction

Currency

28 October 2020

Ordinary shares of £0.01 each

GB00BM7S7K96

Outside a trading venue

GBP – British Pound

Nature of Transaction:



Grant of Options

Price

Volume

Total

£2.29013

7,859

£17,998.13

Aggregated

£2.29013

7,859

£17,998.13

Enquiries:

OneSavings Bank 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 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, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority. The Bank acquired Charter Court Financial Services Group Plc (CCFS) and its subsidiary businesses on 4 October 2019.

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, secured funding lines and asset finance. 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, and through its Charter Savings Bank brand. Diversification of funding is provided by securitisation programmes, the Term Funding Scheme and the Bank of England Index Long-Term Repo operation.