TIDMOSB 
 
 
   FORM 8 (OPD) 
 
   PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER 
 
   Rules 8.1 and 8.2 of the Takeover Code (the "Code") 
 
   1.         KEY INFORMATION 
 
 
 
 
(a) Full name of discloser:                                   OneSavings Bank plc 
(b) Owner or controller of interests and short positions      N/A 
 disclosed, if different from 1(a): 
 The naming of nominee or vehicle companies is insufficient. 
 For a trust, the trustee(s), settlor and beneficiaries 
 must be named. 
(c) Name of offeror/offeree in relation to whose relevant     OneSavings Bank plc 
 securities this form relates: 
 Use a separate form for each offeror/offeree 
(d) Is the discloser the offeror or the offeree?              Offeror 
(e) Date position held:                                       21 March 2019 
 The latest practicable date prior to the disclosure 
(f) In addition to the company in 1(c) above, is the          NO 
 discloser making disclosures in respect of any other          If YES, specify which: 
 party to the offer? 
 If it is a cash offer or possible cash offer, state 
 "N/A" 
 
 
   2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE 
 
   If there are positions or rights to subscribe to disclose in more than 
one class of relevant securities of the offeror or offeree named in 1(c), 
copy table 2(a) or (b) (as appropriate) for each additional class of 
relevant security. 
 
   (a)        Interests and short positions in the relevant securities of 
the offeror or offeree to which the disclosure relates 
 
 
 
 
Class of relevant security: 
                                                                     Short 
                                                     Interests     positions 
                                                     Number   %   Number    % 
(1) Relevant securities owned and/or controlled:      Nil      0      Nil    0 
(2) Cash-settled derivatives:                         Nil      0      Nil    0 
(3) Stock-settled derivatives (including options) 
 and agreements to purchase/sell:                     Nil      0      Nil    0 
 
  TOTAL:                                              Nil      0      Nil    0 
 
 
   All interests and all short positions should be disclosed. 
 
   Details of any open stock-settled derivative positions (including traded 
options), or agreements to purchase or sell relevant securities, should 
be given on a Supplemental Form 8 (Open Positions). 
 
   Details of any securities borrowing and lending positions or financial 
collateral arrangements should be disclosed on a Supplemental Form 8 
(SBL). 
 
   (b)        Rights to subscribe for new securities 
 
 
 
 
Class of relevant security in relation to which subscription  N/A 
 right exists: 
Details, including nature of the rights concerned             N/A 
 and relevant percentages: 
 
 
   3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE 
OFFER MAKING THE DISCLOSURE 
 
 
 
 
Details of any interests, short positions and rights 
 to subscribe (including directors' and other employee 
 options) of any person acting in concert with the 
 party to the offer making the disclosure: 
 
 
   (a)        Interests held by directors of OneSavings Bank plc and their 
close relatives and related trusts 
 
 
 
 
            Number of Ordinary Shares of GBP0.01 (fully paid)  Number of Ordinary Shares in the form of conditional  Percentage of total issued share capital (excluding 
Name                       ("Ordinary Shares")                                awards (see 3(b) below)                              conditional awards) (%) 
David 
 Weymouth                                              13,178                                                   Nil                                                 0.01 
Andy 
 Golding                                              762,941                                               712,079                                                 0.31 
April 
 Talintyre                                            320,346                                               457,549                                                 0.13 
Graham 
 Allatt                                                   Nil                                                   Nil                                                    0 
Eric 
Anstee                                                  4,960                                                   Nil                                                <0.01 
Rodney 
 Duke                                                  80,000                                                   Nil                                                 0.33 
Margaret 
 Hassall                                                  Nil                                                   Nil                                                    0 
Sarah 
 Hedger                                                   Nil                                                   Nil                                                    0 
Mary 
 McNamara                                              22,350                                                   Nil                                                 0.01 
 
 
   (b)        Interests held by directors of OneSavings Bank plc under its 
share plans 
 
 
 
 
                                                                Exercise price 
                   Grant Date    Conditional awards not vested      (GBP) 
                                   Number of 
                                    Ordinary 
                                     Shares      Vesting date 
Deferred Share Bonus Plan 
Andy Golding     16 March 2017           48,998  16 March 2020               0 
 15 March 2018                           50,108  15 March 2021               0 
 14 March 2019                           89,031  14 March 2022               0 
April Talintyre  16 March 2017           33,184  16 March 2020               0 
 15 March 2018                           33,208  15 March 2021               0 
 14 March 2019                           59,383  14 March 2022               0 
Performance Share Plan 
Andy Golding     16 March 2017       143,544(1)  16 March 2020               0 
 24 May 2018                         180,439(1)    24 May 2021               0 
 14 March 2019                       199,959(1)  14 March 2022               0 
April Talintyre  16 March 2017        76,066(1)  16 March 2020               0 
 24 May 2018                         121,005(1)    24 May 2021               0 
 14 March 2019                       134,703(1)  14 March 2022               0 
 
 
   (1)           The vesting of these conditional awards is subject to 
performance conditions. 
 
   Details of any open stock-settled derivative positions (including traded 
options), or agreements to purchase or sell relevant securities, should 
be given on a Supplemental Form 8 (Open Positions). 
 
   Details of any securities borrowing and lending positions or financial 
collateral arrangements should be disclosed on a Supplemental Form 8 
(SBL). 
 
   4.         OTHER INFORMATION 
 
   (a)        Indemnity and other dealing arrangements 
 
 
 
 
Details of any indemnity or option arrangement, or 
 any agreement or understanding, formal or informal, 
 relating to relevant securities which may be an inducement 
 to deal or refrain from dealing entered into by the 
 party to the offer making the disclosure or any person 
 acting in concert with it: 
 Irrevocable commitments and letters of intent should 
 not be included. If there are no such agreements, 
 arrangements or understandings, state "none" 
None. 
 
 
   (b)        Agreements, arrangements or understandings relating to 
options or derivatives 
 
 
 
 
Details of any agreement, arrangement or understanding, 
 formal or informal, between the party to the offer 
 making the disclosure, or any person acting in concert 
 with it, and any other person relating to: 
 (i) the voting rights of any relevant securities under 
 any option; or 
 (ii) the voting rights or future acquisition or disposal 
 of any relevant securities to which any derivative 
 is referenced: 
 If there are no such agreements, arrangements or understandings, 
 state "none" 
None. 
 
 
   (c)        Attachments 
 
   Are any Supplemental Forms attached? 
 
 
 
 
Supplemental Form 8 (Open Positions)  NO 
Supplemental Form 8 (SBL)             NO 
 
 
 
 
Date of disclosure:        21 March 2019 
Contact name:         Nickesha Graham-Burrell 
Telephone number:         +44 (0)1634 835 796 
 
 
   Public disclosures under Rule 8 of the Code must be made to a Regulatory 
Information Service. 
 
   The Panel's Market Surveillance Unit is available for consultation in 
relation to the Code's disclosure requirements on +44 (0)20 7638 0129. 
 
   The Code can be viewed on the Panel's website at 
www.thetakeoverpanel.org.uk 
 
   This announcement is distributed by West Corporation on behalf of West 
Corporation clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: OneSavings Bank plc via Globenewswire 
 
 
  http://www.osb.co.uk/ 
 

(END) Dow Jones Newswires

March 21, 2019 13:15 ET (17:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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