Director/PDMR Shareholding

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 23 March 2022 at a price of £5.5833 per Share being the average closing price of the Shares over the three Dealing Days prior to the date of grant.

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, relative total shareholder return and a non-financial risk metric. 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	69,713	166,991	236,704
April Talintyre	43,625	104,497	148,122
Other PDMRs
Jens Bech	23,987	58,248	82,235
Jason Elphick	19,488	53,732	73,220
John Gaunt	17,881	44,794	62,675
Jon Hall	-	58,209	58,209
Hasan Kazmi	26,973	61,469	88,442
Clive Kornitzer	26,593	63,702	90,295
Lisa Odendaal	18,766	41,986	60,752
Paul Whitlock	15,496	37,630	53,126
Richard Wilson	19,925	46,567	66,492

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
		23 March 2022		Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
		Nature of Transaction: Grant of Awards				Price		Volume	Total
						£5.5833		236,704	£1,321,589.44
					Aggregated	£5.5833		236,704	£1,321,589.44

   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	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
		23 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue			GBP – British Pound
		Nature of Transaction:   Grant of Awards			Price		Volume	Total
					£5.5833		148,122	£827,009.56
				Aggregated	£5.5833		148,122	£827,009.56

   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
	23 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£5.5833		82,235		£459,142.68
			Aggregated	£5.5833		82,235		£459,142.68

   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
	23 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£5.5833		73,220		£408,809.23
			Aggregated	£5.5833		73,220		£408,809.23

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

Name of natural person

John Gaunt

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
	23 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£5.5833		62,675		£349,933.33
			Aggregated	£5.5833		62,675		£349,933.33

   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
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
	23 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£5.5833		58,209		£324,998.31
			Aggregated	£5.5833		58,209		£324,998.31

   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
	23 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£5.5833		88,442		£493,798.22
			Aggregated	£5.5833		88,442		£493,798.22

   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
	23 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£5.5833		90,295		£504,144.07
			Aggregated	£5.5833		90,295		£504,144.07

   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
	23 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£5.5833		60,752		£339,196.64
			Aggregated	£5.5833		60,752		£339,196.64

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

Name of natural person	Paul Whitlock

2 - Reason for the notification

Position/status	Group Managing Director, 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
	23 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£5.5833		53,126		£296,618.40
			Aggregated	£5.5833		53,126		£296,618.40

   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
	23 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£5.5833		66,492		£371,244.78
			Aggregated	£5.5833		66,492		£371,244.78

Enquiries:

OSB GROUP PLC

Nickesha Graham-Burrell,                                 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.