ONE Savings Bank PLC : Annual Financial Report and AGM Notice

Published: 01.04.2016 10:23:19 CET

Annual Report & Accounts 2015 and Notice of Annual General Meeting

Further to the announcement of its annual results on 17 March 2016, OneSavings Bank plc ("OSB", the "Company") announces that the Annual Report & Accounts for the year ended 31 December 2015 and the Notice of Annual General Meeting of the Company ("AGM") and Forms of Proxy for the AGM  have today been submitted for inspection at the UKLA's document viewing facility via the National Storage Mechanism at: www.morningstar.co.uk/uk/NSM and are also now available for viewing and download via the group's website at: http://www.osb.co.uk

Hard copies of these documents have been posted to shareholders.

The 2016 Annual General Meeting of OSB will be held at The Lincoln Centre, 18 Lincoln's Inn Fields, London WC2 3ED, on Wednesday 11 May 2016 at 11.00am.  Full details of the proposed resolutions are set out in the Notice of Annual General Meeting.

OSB announces that, following changes made to the Disclosure Rules and Transparency Rules (the "DTR") as a result of the Transparency Directive Amending Directive (2013/50/EU), the Company is required to disclose its Home Member State.  Accordingly, pursuant to DTR 6.4.2, the Company announces that its Home Member State is the United Kingdom.

Enquiries:

OneSavings Bank plc
Alastair Pate, Head of Investor Relations                        t: 01634 838973

Brunswick                                                                    t:  020 7404 5959
Robin Wrench / Simone Selzer

Notes to Editors

About OneSavings Bank plc

OneSavings Bank plc ('OSB') began trading as a bank on 1 February 2011 when the trade and assets of Kent Reliance Building Society ('KRBS') were transferred into the business. OSB is a specialist lending and retail savings group authorised by the Prudential Regulation Authority, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority.

OSB focuses on selected sub-sectors of the lending market in which it has established expertise, platforms and capabilities, and where opportunities have been identified for both high returns on a risk-adjusted basis and strong growth. These include Residential Mortgages (comprising first charge, second charge and shared ownership), Buy-to-Let/SME and Personal Loans. OSB originates organically through specialist brokers and independent financial advisors.

OSB is predominantly funded by retail savings originated through the established Kent Reliance franchise, which includes a network of branches in the South East of England, as well as online and postal channels. Diversification of funding is currently provided by a securitisation and OSB joined the Funding for Lending Scheme in early 2014.