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 22 March 2023 at a price of £4.9787 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	79,282	196,634	275,916
April Talintyre	49,612	123,047	172,659
Other PDMRs
Jens Bech	27,491	68,588	96,079
Jason Elphick	25,511	63,270	88,781
Jon Hall	27,963	71,806	99,769
Peter Hindle	19,133	47,453	66,586
Victoria Hyde	24,729	73,815	98,544
Hasan Kazmi	29,852	72,381	102,233
Clive Kornitzer	30,601	78,583	109,184
Lisa Odendaal	20,390	49,439	69,829
Paul Whitlock	17,022	-	17,022
Richard Wilson	21,963	54,834	76,797

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
		22 March 2023		Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
		Nature of Transaction: Grant of Awards				Price		Volume	Total
						£4.9787		275,916	£ 1,373,702.99
					Aggregated	£4.9787		275,916	£ 1,373,702.99

   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
		22 March 2023	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue			GBP – British Pound
		Nature of Transaction:   Grant of Awards			Price		Volume	Total
					£4.9787		172,659	£ 859,617.36
				Aggregated	£4.9787		172,659	£ 859,617.36

   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
	22 March 2023	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£4.9787		96,079		£ 478,348.52
			Aggregated	£4.9787		96,079		£ 478,348.52

   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
	22 March 2023	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£4.9787		88,781		£442,013.96
			Aggregated	£4.9787		88,781		£442,013.96

   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 and 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
	22 March 2023	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£4.9787		99,769		£496,719.92
			Aggregated	£4.9787		99,769		£496,719.92

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

Name of natural person

Peter Hindle

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
	22 March 2023	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£4.9787		66,586		£331,511.72
			Aggregated	£4.9787		66,586		£331,511.72

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

Name of natural person

Victoria Hyde

2 - Reason for the notification

Position/status	Deputy 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
	22 March 2023	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£4.9787		98,544		£490,621.01
			Aggregated	£4.9787		98,544		£490,621.01

   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
	22 March 2023	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£4.9787		102,233		£508,987.44
			Aggregated	£4.9787		102,233		£508,987.44

   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
	22 March 2023	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£4.9787		109,184		£ 543,594.38
			Aggregated	£4.9787		109,184		£ 543,594.38

   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
	22 March 2023	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£4.9787		69,829		£347,657.64
			Aggregated	£4.9787		69,829		£347,657.64

   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
	22 March 2023	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£4.9787		17,022		£84,747.43
			Aggregated	£4.9787		17,022		£84,747.43

   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
	22 March 2023	Ordinary shares of £0.01 each	GB00BLDRH360		Outside a trading venue		GBP – British Pound
	Nature of Transaction:   Grant of Awards			Price		Volume		Total
				£4.9787		76,797		£382,349.22
			Aggregated	£4.9787		76,797		£382,349.22

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.