ONE Savings Bank PLC : Placing of Shares in the...

Wednesday 10 June, 2015

 

ONESAVINGS BANK PLC

 

OneSavings Bank PLC : Placing of shares in the Company

OneSavings Bank plc (the "Company")

Placing of existing shares

OneSavings Bank plc (the "Company") announces that RBC Capital Markets ("RBC") has today placed 5,771,527 existing ordinary shares of 1 pence each in the Company ("Ordinary Shares") on behalf of members of executive management and staff at a price of 298 pence per share. The Ordinary Shares in aggregate amount to approximately 2.3 per cent. of the issued share capital of the Company.

Following these disposals, the Executive Management and Employees will hold 6,185,524 Ordinary Shares representing 2.5 per cent. of the Company's issued share capital.

Please refer to the separate announcement for further details.

For further information contact:

OneSavings Bank plc                                                                                      Tel: [phone]
Zoe Bucknell
Group General Counsel and Company Secretary

RBC Capital Markets                                                                                       Tel: [phone]
Oliver Hearsey
Duncan Smith
Krinzel Shah

END

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ONE Savings Bank PLC via Globenewswire

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