Director/PDMR Shareholding
26 March 2024
*OSB GROUP PLC*
(the Company)
*Notification of Transactions of Persons Discharging Managerial Responsibilities (PDMRs) *
The Company notifies changes in the interests in the ordinary shares of £0.01 each (Shares) of the Company of the PDMRs arising from awards that vested under the 2023 Deferred Share Bonus Plan (DSBP). The 2023 DSBP was granted on 22 March 2023 at a price of £4.9787 per Share being the average closing price of the Shares for the three dealing days leading up to the date of grant.
*Name* *Number of DSBP Shares Vesting* *Total number of Shares Sold * *Total number of Shares Retained in Corporate Nominee Account*
Jens Bech 20,630 20,630
Jason Elphick 19,001 8,962 10,039
Jon Hall 20,519 9,678 10,841
Peter Hindle 19,133 9,025 10,108
Victoria Hyde 4,946 2,333 2,613
Hasan Kazmi 21,603 10,190 11,413
Clive Kornitzer 22,455 10,591 11,864
Lisa Odendaal 20,390 20,390
Richard Wilson 21,963 21,963
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**Name of natural person* Jens Bech
*2. Reason for the notification *a. *Position/status*
Group Commercial Directorb. *Initial notification/amendment*
Initial Notification*3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor*
*a. Full name of the entity* OSB GROUP PLC
*b. Legal Entity Identifier code* 213800ZBKL9BHSL2K459
*4. Details of the transaction(s): *
*a. Description of the financial instrument, type of instrument *
Ordinary shares of £0.01 each*Identification code* GB00BLDRH360
*b. Nature of Transaction* 1. Acquisition of shares following the vesting of the 2023 DSBP
2. Disposal
*c. Price(s) and Volume(s)* *Price* *Volume*
(1) Nil 20,630
(2) £3.701974 20,630
*d. Aggregated Information: *
*Aggregated volume*
(1) and (2) 20,630
*Aggregated price*1. Consideration Price: Nil
2. Total Sale Price: £76,371.72
*e. Date of transaction* 25 March 2024
*f. Place of transaction* (1) Outside a trading venue
(2) London Stock Exchange, Main Market (XLON)
*1. Details of the person discharging managerial responsibilities / person closely associated**Name of natural person* Jason Elphick
*2. Reason for the notification *c. *Position/status*
Group General Counsel and Company Secretaryd. *Initial notification/amendment*
Initial Notification*3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor*
*a. Full name of the entity* OSB GROUP PLC
*b. Legal Entity Identifier code* 213800ZBKL9BHSL2K459
*4. Details of the transaction(s): *
*a. Description of the financial instrument, type of instrument *
Ordinary shares of £0.01 each*Identification code* GB00BLDRH360
*b. Nature of Transaction* 1. Acquisition of shares following the vesting of the 2023 DSBP
2. Disposal – tax liability
*c. Price(s) and Volume(s)* *Price* *Volume*
(1) Nil 19,001
(2) £3.701974 8,962*d. Aggregated Information: *
*Aggregated volume*
1. 19,001
2. 8,962
*Aggregated price*
1. Consideration Price: Nil
2. Total Sale Price: £33,177.09
*e. Date of transaction* 25 March 2024
*f. Place of transaction* (1) Outside a trading venue
(2) London Stock Exchange, Main Market (XLON)
*1. Details of the person discharging managerial responsibilities / person closely associated**Name of natural person* Jon Hall
*2. Reason for the notification *e. *Position/status*
Group Managing Director - Mortgages and Savingsf. *Initial notification/amendment*
Initial Notification*3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor*
*a. Full name of the entity* OSB GROUP PLC
*b. Legal Entity Identifier code* 213800ZBKL9BHSL2K459
*4. Details of the transaction(s): *
*a. Description of the financial instrument, type of instrument *
Ordinary shares of £0.01 each*Identification code* GB00BLDRH360
*b. Nature of Transaction* 1. Acquisition of shares following the vesting of the 2023 DSBP
2. Disposal – tax liability
*c. Price(s) and Volume(s)* *Price* *Volume*
(1) Nil 20,519
(2) £3.701974 9,678*d. Aggregated Information: *
*Aggregated volume*
(1) 20,519
(2) 9,678
*Aggregated price*
1. Consideration Price: Nil
2. Total Sale Price: £35,827.70
*e. Date of transaction* 25 March 2024
*f. Place of transaction* (1) Outside a trading venue
(2) London Stock Exchange, Main Market (XLON)
*1. Details of the person discharging managerial responsibilities / person closely associated**Name of natural person* Peter Hindle
*2. Reason for the notification *g. *Position/status*
Group Chief Information Officerh. *Initial notification/amendment*
Initial Notification*3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor*
*a. Full name of the entity* OSB GROUP PLC
*b. Legal Entity Identifier code* 213800ZBKL9BHSL2K459
*4. Details of the transaction(s): *
*a. Description of the financial instrument, type of instrument *
Ordinary shares of £0.01 each*Identification code* GB00BLDRH360
*b. Nature of Transaction* 1. Acquisition of shares following the vesting of the 2023 DSBP
2. Disposal – tax liability
*c. Price(s) and Volume(s)* *Price* *Volume*
(1) Nil 19,133
(2) £3.701974 9,025*d. Aggregated Information: *
*Aggregated volume*
(1) 19,133
(2) 9,025
*Aggregated price*
1. Consideration Price: Nil
2. Total Sale Price: £33,410.32
*e. Date of transaction* 25 March 2024
*f. Place of transaction* (1) Outside a trading venue
(2) London Stock Exchange, Main Market (XLON)
*1. Details of the person discharging managerial responsibilities / person closely associated**Name of natural person* Victoria Hyde
*2. Reason for the notification *i. *Position/status*
Deputy Chief Financial Officerj. *Initial notification/amendment*
Initial Notification*3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor*
*a. Full name of the entity* OSB GROUP PLC
*b. Legal Entity Identifier code* 213800ZBKL9BHSL2K459
*4. Details of the transaction(s): *
*a. Description of the financial instrument, type of instrument *
Ordinary shares of £0.01 each*Identification code* GB00BLDRH360
*b. Nature of Transaction* 1. Acquisition of shares following the vesting of the 2023 DSBP
2. Disposal – tax liability
*c. Price(s) and Volume(s)* *Price* *Volume*
(1) Nil 4,946
(2) £3.701974 2,333*d. Aggregated Information: *
*Aggregated volume*
(1) 4,946
(2) 2,333*Aggregated price*
1. Consideration Price: Nil
2. Total Sale Price: £8,636.71
*e. Date of transaction* 25 March 2024
*f. Place of transaction* (1) Outside a trading venue
(2) London Stock Exchange, Main Market (XLON)
*1. Details of the person discharging managerial responsibilities / person closely associated**Name of natural person* Hasan Kazmi
*2. Reason for the notification *k. *Position/status*
Group Chief Risk Officerl. *Initial notification/amendment*
Initial Notification*3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor*
*a. Full name of the entity* OSB GROUP PLC
*b. Legal Entity Identifier code* 213800ZBKL9BHSL2K459
*4. Details of the transaction(s): *
*a. Description of the financial instrument, type of instrument *
Ordinary shares of £0.01 each*Identification code* GB00BLDRH360
*b. Nature of Transaction* 1. Acquisition of shares following the vesting of the 2023 DSBP
2. Disposal – tax liability
*c. Price(s) and Volume(s)* *Price* *Volume*
(1) Nil 21,603
(2) £3.701974 10,190*d. Aggregated Information: *
*Aggregated volume*
(1) 21,603
(2) 10,190
*Aggregated price*1. Consideration Price: Nil
2. Total Sale Price: £37,723.12
*e. Date of transaction* 25 March 2024
*f. Place of transaction* (1) Outside a trading venue
(2) London Stock Exchange, Main Market (XLON)
*1. Details of the person discharging managerial responsibilities / person closely associated**Name of natural person* Clive Kornitzer
*2. Reason for the notification *m. *Position/status*
Group Chief Operating Officern. *Initial notification/amendment*
Initial Notification*3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor*
*a. Full name of the entity* OSB GROUP PLC
*b. Legal Entity Identifier code* 213800ZBKL9BHSL2K459
*4. Details of the transaction(s): *
*a. Description of the financial instrument, type of instrument *
Ordinary shares of £0.01 each*Identification code* GB00BLDRH360
*b. Nature of Transaction* 1. Acquisition of shares following the vesting of the 2023 DSBP
2. Disposal – tax liability
*c. Price(s) and Volume(s)* *Price* *Volume*
(1) Nil 22,455
(2) £3.701974 10,591*d. Aggregated Information: *
*Aggregated volume*
1. 22,455
2. 10,591
*Aggregated price*1. Consideration Price: Nil
2. Total Sale Price: £39,207.61
*e. Date of transaction* 25 March 2024
*f. Place of transaction* (1) Outside a trading venue
(2) London Stock Exchange, Main Market (XLON)
*1. Details of the person discharging managerial responsibilities / person closely associated**Name of natural person* Lisa Odendaal
*2. Reason for the notification *o. *Position/status*
Group Chief Internal Auditorp. *Initial notification/amendment*
Initial Notification*3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor*
*a. Full name of the entity* OSB GROUP PLC
*b. Legal Entity Identifier code* 213800ZBKL9BHSL2K459
*4. Details of the transaction(s): *
*a. Description of the financial instrument, type of instrument *
Ordinary shares of £0.01 each*Identification code* GB00BLDRH360
*b. Nature of Transaction* 1. Acquisition of shares following the vesting of the 2023 DSBP
2. Disposal
*c. Price(s) and Volume(s)* *Price* *Volume*
(1) Nil 20,390
(2) £3.701974 20,390*d. Aggregated Information: *
*Aggregated volume*
(1) and (2) 20,390
*Aggregated price*1. Consideration Price: Nil
2. Total Sale Price: £75,483.25
*e. Date of transaction* 25 March 2024
*f. Place of transaction* (1) Outside a trading venue
(2) London Stock Exchange, Main Market (XLON)
*1. Details of the person discharging managerial responsibilities / person closely associated**Name of natural person* Richard Wilson
*2. Reason for the notification *q. *Position/status*
Group Chief Credit and Compliance Officerr. *Initial notification/amendment*
Initial Notification*3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor*
*a. Full name of the entity* OSB GROUP PLC
*b. Legal Entity Identifier code* 213800ZBKL9BHSL2K459
*4. Details of the transaction(s): *
*a. Description of the financial instrument, type of instrument *
Ordinary shares of £0.01 each*Identification code* GB00BLDRH360
*b. Nature of Transaction* 1. Acquisition of shares following the vesting of the 2023 DSBP
2. Disposal
*c. Price(s) and Volume(s)* *Price* *Volume*
(1) Nil 21,963
(2) £3.701974 21,963*d. Aggregated Information: *
*Aggregated volume*
(1) and (2) 21,963
*Aggregated price*1. Consideration Price: Nil
2. Total Sale Price: £81,306.45
*e. Date of transaction* 25 March 2024
*f. Place of transaction* (1) Outside a trading venue
(2) London Stock Exchange, Main Market (XLON)
*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.