OneSavings Bank plc (the "Company")
2014 Sharesave Scheme ("Sharesave Plan")
2015 Sharesave Options - Notification of Transactions by Persons Discharging Managerial Responsibilities
Pursuant to the notification obligations under Disclosure and Transparency Rule 3.1.4, the Company granted an option over ordinary shares of 1p each, on 15 May 2015 under the Sharesave Plan to certain PDMRs as follows:
| Name | Options Granted | Exercise date |
| Jens Bech | 3,964 | 1 July 2018 |
| Richard Davis | 6,607 | 1 July 2020 |
| John Eastgate | 3,964 | 1 July 2018 |
| Clive Kornitzer | 3,964 | 1 July 2018 |
The Sharesave Plan is an all-employee tax advantaged share plan under Schedule 3 of the Income Tax (Earnings and Pensions) Act 2003. All eligible employees were invited to apply for options. The option price of £2.27 was set at a 20% discount to the average market value of a Share over the period 14, 15 and 16 April 2015. Options become exercisable at the option price on the date shown above for a period of six months and will then lapse.
The beneficial interests in the ordinary share capital of the Company of those PDMRs following the granting of the awards detailed above on 15 May 2015 are:
| Total Interest in Company shares at 15 May 2015 | |
| Jens Bech | 1,651,963 (0.68%) |
| Richard Davis | 324,449 (0.13%) |
| John Eastgate | 1,229,996 (0.51%) |
| Clive Kornitzer | 1,250,196 (0.51%) |
For further information contact:
OneSavings Bank plc
Zoe Bucknell
Group General Counsel and Company Secretary
Tel: 01634 835788