26th Mar 2025 16:15
Director/PDMR ShareholdingLEI: 213800ZBKL9BHSL2K459
26 March 2025
OSB GROUP PLC (the Company)
Notification of Transactions of Persons Discharging Managerial Responsibilities (PDMRs)
The Company notifies changes in the PDMRs interests in the ordinary shares of £0.01 each Shares of the Company, arising from Awards that vested under the 2022 Deferred Share Bonus Plan (DSBP) and 2022 Performance Share Plan (PSP). The 2022 DSBP and PSP were granted on 23 March 2022 at a price of £5.5833 per ordinary share being the average closing price of the ordinary shares for the three dealing days leading up to the date of grant. 34.27 per cent of the PSP awards vested and a sufficient number of ordinary shares were sold to satisfy the tax liabilities. The net number of ordinary shares received by each PDMR are subject to a one year holding period.
| Name | Number of DSBP Shares Vesting | Number of PSP Shares Vesting | Number of PSP Shares Forfeited | Total number of Shares Sold for tax | Total number of Shares Retained in Corporate Nominee Account |
| Executive Director | |||||
| Andy Golding | 54,170 | 11,445 | 21,953 | 30,949 | 34,666 |
| Other PDMRs | |||||
| Jens Bech | 1,232 | 3,992 | 7,657 | 2,468 | 2,756 |
| Jason Elphick | 0 | 3,682 | 7,064 | 1,737 | 1,945 |
| Jon Hall | 0 | 3,989 | 7,652 | 1,882 | 2,107 |
| Hasan Kazmi | 2,630 | 4,212 | 8,081 | 3,229 | 3,613 |
| Clive Kornitzer | 1,482 | 4,365 | 8,375 | 2,762 | 3,085 |
| Lisa Odendaal | 0 | 2,877 | 5,520 | 1,358 | 1,519 |
| Richard Wilson | 0 | 3,191 | 6,122 | 1,506 | 1,685 |
The following notifications are made under Article 19 of the UK Market Abuse Regulation (UK MAR).
| 1. Details of the person discharging managerial responsibilities / person closely associated | ||
| Name of natural person | Andrew Golding | |
| 2. Reason for the notification | ||
| a. Position/status | Chief Executive Officer | |
| b. 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 | Acquisition of shares following the vesting of the 2022 DSBPDisposal – tax liabilityAcquisition of shares following the vesting of the 2022 PSP vestingDisposal – tax liability | |
| c. Price(s) and Volume(s) | Price | Volume |
| (1) Nil | 54,170 | |
| (2) £4.4871256448 | 25,550 | |
| (3) Nil | 11,445 | |
| (4) £4.4871256448 | 5,399 | |
| d. Aggregated Information: | Aggregated volume 54,17025,55011,4455,399 Aggregated price Consideration Price: NilTotal Sale Price: £114,646.06Consideration Price: NilTotal Sale Price: £24,225.99 | |
| e. Date of transaction | 25 March 2025 | |
| f. Place of transaction | (1) and (3) Outside a trading venue (2) and (4) London Stock Exchange, Main Market (XLON) | |
| 1. Details of the person discharging managerial responsibilities / person closely associated | |||
| Name of natural person | Jens Bech | ||
| 2. Reason for the notification | |||
| c. Position/status | Group Commercial Director | ||
| d. 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 | Acquisition of shares following the vesting of the 2022 DSBPDisposal – tax liabilityAcquisition of shares following the vesting of the 2022 PSPDisposal – tax liability | ||
| c. Price(s) and Volume(s) | Price | Volume | |
| (1) Nil | 1,232 | ||
| (2) £4.4871256448 | 585 | ||
| (3) Nil | 3,992 | ||
| (4) £4.4871256448 | 1,883 | ||
| d. Aggregated Information: | Aggregated volume 1,2325853,9921,883 Aggregated price Consideration Price: NilTotal Sale Price: £2,624.97Consideration Price: NilTotal Sale Price: £8,449.26 | ||
| e. Date of transaction | 25 March 2025 | ||
| f. Place of transaction | (1) and (3) Outside a trading venue (2) and (4) 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 | ||
| e. Position/status | Group General Counsel and Company Secretary | |
| f. 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 | Acquisition of shares following the vesting of the 2022 PSPDisposal – tax liability | |
| c. Price(s) and Volume(s) | Price | Volume |
| (1) Nil | 3,682 | |
| (2) £4.4871256448 | 1,737 | |
| d. Aggregated Information: | Aggregated volume 2,6301,737 Aggregated price Consideration Price: NilTotal Sale Price: £7,794.14 | |
| e. Date of transaction | 25 March 2025 | |
| 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 | ||
| g. Position/status | Group Managing Director, Mortgages and Savings | |
| h. 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 | Acquisition of shares following the vesting of the 2022 PSPDisposal – tax liability | |
| c. Price(s) and Volume(s) | Price | Volume |
| (1) Nil | 3,989 | |
| (2) £4.4871256448 | 1,882 | |
| d. Aggregated Information: | Aggregated volume 3,9891,882 Aggregated price Consideration Price: NilTotal Sale Price: £8,444.77 | |
| e. Date of transaction | 25 March 2025 | |
| 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 | ||
| i. Position/status | Group Chief Risk Officer | |
| j. 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 | Acquisition of shares following the vesting of the 2022 DSBPDisposal – tax liabilityAcquisition of shares following the vesting of the 2022 PSPDisposal – tax liability | |
| c. Price(s) and Volume(s) | Price | Volume |
| (1) Nil | 2,630 | |
| (2) £4.4871256448 | 1,242 | |
| (3) Nil | 4,212 | |
| (4) £4.4871256448 | 1,987 | |
| d. Aggregated Information: | Aggregated volume 2,6301,2424,2121,987 Aggregated price Consideration Price: NilTotal Sale Price: £5,573.01Consideration Price: NilTotal Sale Price: £8,915.92 | |
| e. Date of transaction | 25 March 2025 | |
| f. Place of transaction | (1) and (3) Outside a trading venue (2) and (4) 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 | ||
| k. Position/status | Group Chief Operating Officer | |
| l. 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 | Acquisition of shares following the vesting of the 2022 DSBPDisposal – tax liabilityAcquisition of shares following the vesting of the 2022 PSPDisposal – tax liability | |
| c. Price(s) and Volume(s) | Price | Volume |
| (1) Nil | 1,482 | |
| (2) £4.4871256448 | 703 | |
| (3) Nil | 4,365 | |
| (4) £4.4871256448 | 2,059 | |
| d. Aggregated Information: | Aggregated volume 1,4827034,3652,059 Aggregated price Consideration Price: NilTotal Sale Price: £3,154.45Consideration Price: NilTotal Sale Price: £9,238.99 | |
| e. Date of transaction | 25 March 2025 | |
| f. Place of transaction | (1) and (3) Outside a trading venue (2) and (4) 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 | ||
| m. Position/status | Group Chief Internal Auditor | |
| n. 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 | Acquisition of shares following the vesting of the 2022 PSP.Disposal – tax liability | |
| c. Price(s) and Volume(s) | Price | Volume |
| (1) Nil | 2,877 | |
| (2) £4.4871256448 | 1,358 | |
| d. Aggregated Information: | Aggregated volume 2,8771,358 Aggregated price Consideration Price: NilTotal Sale Price: £6,093.52 | |
| e. Date of transaction | 25 March 2025 | |
| 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 | ||
| o. Position/status | Group Chief Credit Officer and MLRO | |
| p. 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 | Acquisition of shares following the vesting of the 2022 PSP.Disposal – tax liability | |
| c. Price(s) and Volume(s) | Price | Volume |
| (1) Nil | 3,191 | |
| (2) £4.4871256448 | 1,506 | |
| d. Aggregated Information: | Aggregated volume 3,1911,506 Aggregated price Consideration Price: NilTotal Sale Price: £6,757.61 | |
| e. Date of transaction | 25 March 2025 | |
| f. Place of transaction | (1) Outside a trading venue (2) London Stock Exchange, Main Market (XLON) | |
Enquiries:
| Dionne Mortley-Forde | t: 01634 848 944 |
| Group Head of Governance & Secretariat | |
| Investor relations | |
| Alastair Pate Group Head of Investor Relations Email: [email protected] | t: 01634 838973 |
| Brunswick | |
| Robin Wrench / Simone Selzer | t: 020 7404 5959 |
Notes to Editors
About OSB GROUP PLCs
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.
Related Shares:
OneSavings Bank