OSB Group PLC

Remuneration Information • Mar 18, 2022

National Storage Mechanism | Additional information

OSB GROUP PLC

(the Company)

Notification of Transactions of Persons Discharging Managerial Responsibilities (PDMRs)

The Company notifies 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 that vested under the following plans:

• 2019 Performance Share Plan (PSP) and Mirror PSP Plan - 87.16 per cent of the awards vested and a sufficient number of Shares were sold to satisfy the tax liability. The net number of Shares received by each PDMR are subject to a two year holding period. The 2019 PSP was granted on 14 March 2019 at a price of £3.9008 per Share being the average closing price of the Shares for the five dealing days leading up to the date of grant. The 2019 Mirror PSP was granted on 4 October 2019 as a roll over award, following the Combination with Charter Court Financial Services Group plc.
• 2017 Deferred Share Bonus Plan, which was granted on 16 March 2017 at a price of £4.0754 per Share being the average closing price of the Shares for the five dealing days leading up to the date of grant.
• 2019 Deferred Share Bonus Plan, which was granted on 14 March 2019 at a price of £3.9008 per Share being the average closing price of the Shares for the five dealing days leading up to the date of grant.

Name	Number of PSP Shares Forfeited	Number of Shares Vested					Total number of Shares Sold for Tax	Total number of Shares Retained in Corporate Nominee Account
		2019 PSP	2017 DSBP	2019 DSBP	Total
Executive Directors
Andrew Golding	25,675	174,284	-	89,031	263,315		124,194	139,121
April Talintyre	17,296	117,407	-	59,383	176,790		83,385	93,405
Other PDMRs
Jens Bech	9,500	64,485	-	-	64,485		30,415	34,070
Jason Elphick	6,817	46,275	22,697	-	68,972		32,532	36,440
John Gaunt	3,250	22,059	-	-	22,059		10,405	11,654
Hasan Kazmi	7,990	54,241	25,151	-	79,392		37,446	41,946
Clive Kornitzer	8,558	58,095	-	-	58,095		27,401	30,694
Lisa Odendaal	5,711	38,767	19,017	-	57,784		27,255	30,529
Paul Whitlock	4,333	29,412	-	-	29,412		13,873	15,539
Richard Wilson	6,254	42,454	-	-	42,454		20,024	22,430

• On 18 March 2022, Jason Elphick sold 5,500 shares at a price of £5.645.

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
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside trading venue		GBP – British Pound
	Nature of Transaction:   Disposal - Forfeit			Price		Volume		Total
£3.9008		25,675		£100,153.04
Aggregated	£3.9008		25,675		£100,153.04

	Date of Transaction										Financial Instrument	Identification Code		Place of Transaction		Currency
	17 March 2022										Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:   Disposal - tax liability												Price		Volume	Total
£5.206782		124,194	£646,651.08
Aggregated	£5.206782		124,194	£646,651.08

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
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside trading venue		GBP – British Pound
	Nature of Transaction:   Disposal - Forfeit			Price		Volume		Total
£3.9008		17,296		£67,468.24
Aggregated	£3.9008		17,296		£67,468.24

		Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
		17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
		Nature of Transaction:   Disposal - tax liability			Price		Volume	Total
£5.206782		83,385	£434,167.52
Aggregated	£5.206782		83,385	£434,167.52

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
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside trading venue		GBP – British Pound
	Nature of Transaction:   Disposal - Forfeit			Price		Volume		Total
£3.9008		9,500		£37,057.60
Aggregated	£3.9008		9,500		£37,057.60

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:   Disposal - tax liability			Price		Volume		Total
£5.206782		30,415		£158,364.27
Aggregated	£5.206782		30,415		£158,364.27

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
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside trading venue		GBP – British Pound
	Nature of Transaction:   Disposal - Forfeit			Price		Volume		Total
£3.9008		6,817		£26,591.75
Aggregated	£3.9008		6,817		£26,591.75

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:   Disposal - tax liability			Price		Volume		Total
£5.206782		32,532		£169,387.03
Aggregated	£5.206782		32,532		£169,387.03

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	18 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:   Disposal			Price		Volume		Total
£5.645		5,500		£31,047.50
Aggregated	£5.645		5,500		£31,047.50

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
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside trading venue		GBP – British Pound
	Nature of Transaction:   Disposal - Forfeit of roll over award			Price		Volume		Total
£0.00		3,250		£0.00
Aggregated	£0.00		3,250		£0.00

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:   Disposal - tax liability			Price		Volume		Total
£5.206782		10,405		£54,176.57
Aggregated	£5.206782		10,405		£54,176.57

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
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside trading venue		GBP – British Pound
	Nature of Transaction:    Disposal - Forfeit			Price		Volume	Total
£3.9008		7,990	£31,167.39
Aggregated	£3.9008		7,990	£31,167.39

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:    Disposal - tax liability			Price		Volume	Total
£5.206782		37,446	£194,973.16
Aggregated	£5.206782		37,446	£194,973.16

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
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside trading venue		GBP – British Pound
	Nature of Transaction:   Disposal - Forfeit			Price		Volume		Total
£3.9008		8,558		£33,383.05
Aggregated	£3.9008		8,558		£33,383.05

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction			Currency
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)			GBP – British Pound
	Nature of Transaction:   Disposal - tax liability			Price		Volume	Total
£5.206782		27,401	£142,671.03
Aggregated	£5.206782		27,401	£142,671.03

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
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside trading venue		GBP – British Pound
	Nature of Transaction:   Disposal - Forfeit			Price		Volume		Total
£3.9008		5,711		£22,277.47
Aggregated	£3.9008		5,711		£22,277.47

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:   Disposal - tax liability			Price		Volume	Total
£5.206782		27,255	£141,910.84
Aggregated	£5.206782		27,255	£141,910.84

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
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside trading venue		GBP – British Pound
	Nature of Transaction:   Disposal - Forfeit of roll over award			Price		Volume		Total
£0.00		4,333		£0.00
Aggregated	£0.00		4,333		£0.00

	Date of Transaction	Financial Instrument	Identification Code	Place of Transaction			Currency
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360	London Stock Exchange, Main Market (XLON)			GBP – British Pound
	Nature of Transaction:   Disposal - tax liability				Price	Volume		Total
£5.206782	13,873		£72,233.69
Aggregated		£5.206782	13,873		£72,233.69

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
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		Outside trading venue		GBP – British Pound
	Nature of Transaction:   Disposal - Forfeit			Price		Volume		Total
£3.9008		6,254		£24,395.60
Aggregated	£3.9008		6,254		£24,395.60

	Date of Transaction	Financial Instrument	Identification Code		Place of Transaction		Currency
	17 March 2022	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:   Disposal - tax liability			Price		Volume	Total
£5.206782		20,024	£104,260.60
Aggregated	£5.206782		20,024	£104,260.60

Enquiries:

OSB GROUP PLC

Nickesha Graham-Burrell,                                               t: 01634 835 796

Group Head of Company Secretariat     

Investor relations

Email: osbrelations@osb.co.uk                                     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.