OSB GROUP PLC - Director/PDMR Shareholding
Summary by AI BETAClose X
LEI: 213800ZBKL9BHSL2K459
17 September 2026
OSB GROUP PLC
(the Company)
Notification of Transactions of Persons Discharging Managerial Responsibilities (PDMRs)
This announcement should be read in conjunction with the announcements relating to Enrique Alvarez Labiano’s appointment made on 20 February 2026 and 23 April 2026.
Enrique Alvarez Labiano joined the Group on 1 September 2026. It was agreed that he would receive deferred cash and deferred share awards to replace, on a like for like basis, unvested awards forfeited on leaving his previous employer.
The Company hereby notifies the grant of awards over ordinary shares of £0.01 each (Shares) in the capital of the Company to Enrique Alvarez Labiano in connection with his recruitment as Chief Executive Officer. The awards were granted under Listing Rule 9.3.2, on terms substantially similar to the Company’s Performance Share Plan (PSP) and Deferred Bonus Plan, on 17 September 2026 (the Award Date) and are intended to replace unvested awards forfeited from leaving his previous employer.
The number of Shares subject to the award was determined by reference to the closing share prices of the Company and Enrique Alvarez Labiano’s previous employer on the date he served his notice (20 February 2026).
The awards are subject to the vesting schedules that mirror those of the forfeited awards and will vest in tranches between September 2026 and March 2030. The awards are granted in accordance with the regulatory requirements applicable to recruitment buy-out awards.
| Name | Number of Shares subject to award | |
| PDMRs | ||
| Recruitment Award | TOTAL | |
| Enrique Alvarez Labiano | 915,082 | 915,082 |
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 | Enrique Alvarez Labiano | |
| 2. Reason for the notification | ||
| Chief Executive Officer | |
| Initial Notification | |
| 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a. Full name of the entity | OSB GROUP PLC | |
| b. Legal Entity Identifier code | 213800ZBKL9BHSL2K459 | |
| 4. Details of the transaction(s): | ||
| a. Description of the financial instrument, type of instrument | Ordinary shares of £0.01 each | |
| Identification code | GB00BLDRH360 | |
| b. Nature of Transaction | Grant of awards | |
| c. Price(s) and Volume(s) | Price | Volume |
| Nil | 915,082 | |
| d. Aggregated Information: | Aggregated volume 915,082 Aggregated price Nil | |
| e. Date of transaction | 17 September 2026 | |
| f. Place of transaction | Outside a trading venue | |
Enquiries:
| Jess Petrie | |
| Head of Corporate Governance Email: company.secretariat@osb.co.uk | |
| Investor relations | |
| Alexander Holcroft Group Director of Investor Relations Email: osbrelations@osb.co.uk | |
| 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.
Latest directors dealings
- 8 hours ago Rathbones Group
- 8 hours ago Raspberry PI Holdings (WI)
- 9 hours ago Alumasc Group
- 10 hours ago Land Securities Group
- 10 hours ago Computacenter