LEI: 213800WTQKOQI8ELD692
Date: 2 July 2024
OneSavings Bank plc
(the “Company”)
Redemption by the Company of £15,000,000 Perpetual Subordinated Bonds (ISIN: GB00B67JQX63 (the "Bonds"))
The Company has today posted a notice to the holders of the Bonds informing them that it will fully redeem the outstanding Bonds on 27 August 2024 (the “Redemption Date”) in accordance with the terms and conditions of the Bonds (the “Conditions”) (the “Notice”). The Bonds will be redeemed at 100 per cent. of their principal amount together with accrued interest. Pursuant to the Conditions, the Notice will be deemed to have been given to all Bondholders on 4 July 2024.
Following redemption, the Bonds will be cancelled pursuant to the Conditions. Accordingly, the listing of the Bonds on the Official List of the Financial Conduct Authority and the admission of the Notes to trading on the Main Market of the London Stock Exchange will be cancelled on, or shortly after, 29 August 2024.
Enquiries:
OneSavings Bank plc
Alastair Pate
Group Head of Investor Relations
Email: osbrelations@osb.co.uk t: 01634 838 973
Jens Bech
Group Commercial Director t: 01634 835 796
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.
