Director/PDMR Shareholding

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 £2.65496 each, relating to the 2019 3 Year Sharesave Scheme.

Name	Number of Options Granted
Executive Directors
Andy Golding	6,779
April Talintyre	6,779
Other PDMRs
Jason Elphick	5,423
Clive Kornitzer	6,779
Lisa Odendaal	6,779
Richard Wilson	6,779

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
	1 November 2019	Ordinary shares of £0.01 each	GB00BM7S7K96		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Options			Price		Volume		Total
				£2.65496		6,779		£17,997.97
			Aggregated	£2.65496		6,779		£17,997.97

  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
	1 November 2019	Ordinary shares of £0.01 each	GB00BM7S7K96		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Options			Price		Volume		Total
				£2.65496		6,779		£17,997.97
			Aggregated	£2.65496		6,779		£17,997.97

  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
	1 November 2019	Ordinary shares of £0.01 each	GB00BM7S7K96		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Options			Price		Volume		Total
				£2.65496		5,423		£14,397.85
			Aggregated	£2.65496		5,423		£14,397.85

  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	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
	1 November 2019	Ordinary shares of £0.01 each	GB00BM7S7K96		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Options			Price		Volume		Total
				£2.65496		6,779		£17,997.97
			Aggregated	£2.65496		6,779		£17,997.97

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

Name of natural person

Lisa Odendaal

2 - Reason for the notification

Position/status	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
	1 November 2019	Ordinary shares of £0.01 each	GB00BM7S7K96		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Options			Price		Volume		Total
				£2.65496		6,779		£17,997.97
			Aggregated	£2.65496		6,779		£17,997.97

  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
	1 November 2019	Ordinary shares of £0.01 each	GB00BM7S7K96		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Options			Price		Volume		Total
				£2.65496		6,779		£17,997.97
			Aggregated	£2.65496		6,779		£17,997.97

Enquiries:

OneSavings Bank plc
Nickesha Graham-Burrell, 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.