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 vested under the following plans:

• 2018 Deferred Share Bonus Plan, which was granted on 15 March 2018 at a price of £4.1560 per Share being the average closing price of the Shares for the five dealing days leading up to the date of grant.
   
• 2020 Deferred Share Bonus Plan, which was granted on 19 March 2020 at a price of £2.5836 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 Shares Vesting	Number of Shares Disposed
Executive Directors
	DSBP	DSBP
Andrew Golding	50,108	50,108
April Talintyre	33,208	15,640
Other PDMRs
Jens Bech	33,909	15,970
Alan Cleary	32,145	32,145
Peter Elcock	32,145	32,145
Jason Elphick	24,333	24,333
Hasan Kazmi	33,051	15,566
Clive Kornitzer	38,186	38,186
Lisa Odendaal	23,636	11,132
Paul Whitlock	15,447	7,275
Richard Wilson	21,883	21,883

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
		8 April 2021	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
		Nature of Transaction:  Disposal			Price		Volume		Total
					£4.63243		50,108		£232,121.80
				Aggregated	£4.63243		50,108		£232,121.80

   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 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
		8 April 2021	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
		Nature of Transaction:   Disposal			Price		Volume		Total
					£4.63243		15,640		£72,451.21
				Aggregated	£4.63243		15,640		£72,451.21

   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
	8 April 2021	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:   Disposal			Price		Volume		Total
				£4.63243		15,970		£73,979.91
			Aggregated	£4.63243		15,970		£73,979.91

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

Name of natural person	Alan Cleary

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
8 April 2021	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
Nature of Transaction:   Disposal			Price		Volume		Total
			£4.63243		32,145		£148,909.46
		Aggregated	£4.63243		32,145		£148,909.46

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

Name of natural person	Peter Elcock

2 - Reason for the notification

Position/status	Chief Risk Officer, CCFS
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

8 April 2021

Ordinary shares of £0.01 each

GB00BLDRH360

London Stock Exchange, Main Market (XLON)

GBP – British Pound

Nature of Transaction:   Disposal

Price

Volume

Total

£4.63243

32,145

£148,909.46

Aggregated

£4.63243

32,145

£148,909.46

   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
	8 April 2021	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:   Disposal			Price		Volume		Total
				£4.63243		24,333		£112,720.92
			Aggregated	£4.63243		24,333		£112,720.92

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

Name of natural person

Hasan Kazmi

2 - Reason for the notification

Position/status	Chief Risk Officer, OSB
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
	8 April  2021	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:  Disposal			Price		Volume		Total
				£4.63243		15,566		£72,108.41
			Aggregated	£4.63243		15,566		£72,108.41

   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
	8 April  2021	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:   Disposal			Price		Volume		Total
				£4.63243		38,186		£176,893.97
			Aggregated	£4.63243		38,186		£176,893.97

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

Name of natural person

Lisa Odendaal

2 - Reason for the notification

Position/status	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
	8 April  2021	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:   Disposal			Price		Volume		Total
				£4.63243		11,132		£51,568.21
			Aggregated	£4.63243		11,132		£51,568.21

   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
	8 April 2021	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:   Disposal			Price		Volume		Total
				£4.63243		7,275		£33,700.93
			Aggregated	£4.63243		7,275		£33,700.93

   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	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
	8 April 2021	Ordinary shares of £0.01 each	GB00BLDRH360		London Stock Exchange, Main Market (XLON)		GBP – British Pound
	Nature of Transaction:   Disposal			Price		Volume		Total
				£4.63243		21,883		£101,371.47
			Aggregated	£4.63243		21,883		£101,371.47

Enquiries:

OSB GROUP PLC
Nickesha Graham-Burrell,                                               t: 01634 835 796
Group Head of Company Secretariat     

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 (CCFS) 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.

OneSavings Bank

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 mortgages organically via specialist brokers and independent financial advisers through its specialist brands including Kent Reliance for Intermediaries and InterBay Commercial. It is differentiated through its use of highly 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. Diversification of funding is currently provided by securitisation programmes and the Bank of England funding schemes including, the Term Funding Scheme and the Term Funding Scheme for SMEs.

Charter Court Financial Services Group

CCFS focuses on providing Buy-to-Let and specialist residential mortgages, mortgage servicing, administration and retail savings products. It operates through its brands: Precise Mortgages and Charter Savings Bank.

It is differentiated through risk management expertise and best-of-breed automated technology and systems, ensuring efficient processing, strong credit and collateral risk control and speed of product development and innovation. These factors have enabled strong balance sheet growth whilst maintaining high credit quality mortgage assets.

CCFS is predominantly funded by retail savings originated through its Charter Savings Bank brand. Diversification of funding is currently provided by securitisation programmes and the Bank of England funding schemes including, the Term Funding Scheme and the Term Funding Scheme for SMEs.