OneSavings Bank plc (the "Company")
Placing of existing shares
OneSavings Bank plc (the "Company") announces that RBC Capital Markets ("RBC") has today placed 5,771,527 existing ordinary shares of 1 pence each in the Company ("Ordinary Shares") on behalf of members of executive management and staff at a price of 298 pence per share. The Ordinary Shares in aggregate amount to approximately 2.3 per cent. of the issued share capital of the Company.
Following these disposals, the Executive Management and Employees will hold 6,185,524 Ordinary Shares representing 2.5 per cent. of the Company's issued share capital.
Please refer to the separate announcement for further details.
For further information contact:
OneSavings Bank plc Tel: 01634 835788
Group General Counsel and Company Secretary
RBC Capital Markets Tel: 020 7653 4000