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.

Name	Number of Shares acquired
Executive Directors
	DSBP	PSP	TOTAL
Andrew Golding	56,199	261,142	317,341
April Talintyre	33,581	N.A.*	33,581
Other PDMRs
Jens Bech	19,382	91,531	110,913
Jason Elphick	17,267	84,026	101,293
Jon Hall	19,597	95,363	114,960
Peter Hindle	12,951	63,020	75,971
Victoria Hyde	20,859	98,506	119,365
Hasan Kazmi	19,921	96,126	116,047
Clive Kornitzer	21,446	104,362	125,808
Lisa Odendaal	14,098	65,658	79,756
Richard Wilson	15,092	72,823	87,915

                                        * 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

Name of natural person	Andrew 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	OSB GROUP PLC
Legal Entity Identifier code	213800ZBKL9BHSL2K459

4 - Details of the transaction(s)

  Transaction(s) summary table   

		Date of Transaction		Financial Instrument	Identification Code		Place of Transaction		Currency
		21 March 2024		Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
		Nature of Transaction: Grant of Awards				Price		Volume	Total
						£3.8613		317,341	£1,225,348.80
					Aggregated	£3.8613		317,341	£1,225,348.80

  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 Finance 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 code	213800ZBKL9BHSL2K459

4 - Details of the transaction(s)

  Transaction(s) summary table   

		Date of Transaction		Financial Instrument	Identification Code		Place of Transaction		Currency
		21 March 2024		Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
		Nature of Transaction: Grant of Awards				Price		Volume	Total
						£3.8613		33,581	£129,666.32
					Aggregated	£3.8613		33,581	£129,666.32

  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	OSB GROUP PLC
Legal Entity Identifier code	213800ZBKL9BHSL2K459

4 - Details of the transaction(s)

  Transaction(s) summary table
  

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	21 March 2024	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£3.8613		110,913		£428,268.37
			Aggregated	£3.8613		110,913		£428,268.37

  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	OSB GROUP PLC
Legal Entity Identifier code	213800ZBKL9BHSL2K459

4 - Details of the transaction(s)

  Transaction(s) summary table

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	21 March 2024	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£3.8613		101,293		£391,122.66
			Aggregated	£3.8613		101,293		£391,122.66

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

Name of natural person

Jon Hall

2 - Reason for the notification

Position/status	Group Managing Director, Mortgages and 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	OSB GROUP PLC
Legal Entity Identifier code	213800ZBKL9BHSL2K459

4 - Details of the transaction(s)

  Transaction(s) summary table

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	21 March 2024	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£3.8613		114,960		£443,895.05
			Aggregated	£3.8613		114,960		£443,895.05

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

Name of natural person

Peter Hindle

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	OSB GROUP PLC
Legal Entity Identifier code	213800ZBKL9BHSL2K459

4 - Details of the transaction(s)

  Transaction(s) summary table

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	21 March 2024	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£3.8613		75,971		£293,346.82
			Aggregated	£3.8613		75,971		£293,346.82

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

Name of natural person

Victoria Hyde

2 - Reason for the notification

Position/status	Deputy 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	OSB GROUP PLC
Legal Entity Identifier code	213800ZBKL9BHSL2K459

4 - Details of the transaction(s)

  Transaction(s) summary table

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	21 March 2024	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£3.8613		119,365		£460,904.07
			Aggregated	£3.8613		119,365		£460,904.107

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

Name of natural person

Hasan Kazmi

2 - Reason for the notification

Position/status	Group Chief Risk 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 code	213800ZBKL9BHSL2K459

4 - Details of the transaction(s)

  Transaction(s) summary table

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	21 March 2024	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£3.8613		116,047		£448,092.28
			Aggregated	£3.8613		116,047		£448,092.28

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

Name of natural person

Clive Kornitzer

2 - Reason for the notification

Position/status	Group Chief Operating 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 code	213800ZBKL9BHSL2K459

4 - Details of the transaction(s)

  Transaction(s) summary table

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	21 March 2024	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£3.8613		125,808		£485,782.43
			Aggregated	£3.8613		125,808		£485,782.43

  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	OSB GROUP PLC
Legal Entity Identifier code	213800ZBKL9BHSL2K459

4 - Details of the transaction(s)

  Transaction(s) summary table
   

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	21 March 2024	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£3.8613		79,756		£307,961.84
			Aggregated	£3.8613		79,756		£307,961.84

  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 and Compliance 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 code	213800ZBKL9BHSL2K459

4 - Details of the transaction(s)

  Transaction(s) summary table

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	21 March 2024	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£3.8613		87,915		£339,466.19
			Aggregated	£3.8613		87,915		£339,466.19

  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 and Compliance 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 code	213800ZBKL9BHSL2K459

4 - Details of the transaction(s)

  Transaction(s) summary table
  

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	21 March 2024	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£3.8613		87,915		£339,466.19
			Aggregated	£3.8613		87,915		£339,466.19

Enquiries:

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

Investor relations
Email: [e-mail]                                 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.