Director/ PDMR shareholding

22 March 2024

OSB GROUP PLC
(the Company)

Notification of Transactions of Persons Discharging Managerial Responsibilities (PDMRs)

The Company notifies the following changes in the interests in the ordinary shares of £0.01 each (Shares) of the Company of the Executive Directors and other PDMRs arising from awards granted under the Deferred Share Bonus Plan (DSBP) and Performance Share Plan (PSP) on 21 March 2024 at a price of £3.8613 per Share being the average of the three Dealing Days post the 2023 preliminary results. This is in line with our normal approach to determining the grant level.

The purpose of the DSBP is to facilitate the deferral of part of a participant’s annual bonus into Shares. Awards to Executive Directors cannot be sold for at least three years after grant and awards to other PDMRs cannot be sold for at least one year after grant. DSBP awards will not be subject to performance conditions. 

The PSP awards are based on a mixture of internal financial performance targets, risk-based measures, ESG measures and relative total shareholder return.  The performance targets will be measured over three financial years with vesting in five equal tranches between three and seven years following grant. Clawback and malus provisions apply to these Awards.

                                        * A PSP award has not been granted to April Talintyre who will be retiring from the Company on 9 May 2024

The following disclosures are made in accordance with Article 19 of the UK Market Abuse Regulation.

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

2 - Reason for the notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or  auction monitor

4 - Details of the transaction(s)

  Transaction(s) summary table   

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

2 - Reason for the notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or  auction monitor

4 - Details of the transaction(s)

  Transaction(s) summary table   

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

2 - Reason for the notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

4 - Details of the transaction(s)

  Transaction(s) summary table
  

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

2 - Reason for the notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

4 - Details of the transaction(s)

  Transaction(s) summary table

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

2 - Reason for the notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

4 - Details of the transaction(s)

  Transaction(s) summary table

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

2 - Reason for the notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

4 - Details of the transaction(s)

  Transaction(s) summary table

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

2 - Reason for the notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

4 - Details of the transaction(s)

  Transaction(s) summary table

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

2 - Reason for the notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

4 - Details of the transaction(s)

  Transaction(s) summary table

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

2 - Reason for the notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

4 - Details of the transaction(s)

  Transaction(s) summary table

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

2 - Reason for the notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

4 - Details of the transaction(s)

  Transaction(s) summary table
   

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

2 - Reason for the notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or  auction monitor

4 - Details of the transaction(s)

  Transaction(s) summary table

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

2 - Reason for the notification

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

4 - Details of the transaction(s)

  Transaction(s) summary table
  

Enquiries:

OSB GROUP PLC
Dionne Mortley-Forde                                         t: 01634 835 796
Group Head of Company Secretariat        

Investor relations
Email: osbrelations@osb.co.uk                                 t: 01634 838973

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 and its subsidiary businesses. On 30 November 2020, OSB GROUP PLC became the listed entity and holding company for the OSB Group. The Group provides specialist lending and retail savings and is 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.