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OneSavings Bank plc : Holding(s) in Company

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By GlobeNewswire

   
   
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
   
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii 		OneSavings Bank PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached  
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments  
An event changing the breakdown of voting rights  
Other (please specify):    
3. Full name of person(s) subject to the
notification obligation: iii 		J. Christopher Flowers
JCF Associates III Ltd
JCF Associates III L.P.
JCF III AIV II L.P.
J.C. Flowers III B-L.P.
OSB Holdco Ltd.
4. Full name of shareholder(s)
 (if different from 3.):iv 		Chase Nominees Limited
5. Date of the transaction and date on
which the threshold is crossed or
reached: v 		25 May 2017
6. Date on which issuer notified: 25 May 2017
7. Threshold(s) that is/are crossed or
reached: vi, vii 		42%, 41%, 40%, 39%, 38%, 37%, 36%, 35%, 34%, 32%


8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of
shares

if possible using
the ISIN CODE 		Situation previous
to the triggering
transaction 		Resulting situation after the triggering transaction
Number
of
Shares 		Number
of
Voting
Rights 		Number
of shares 		Number of voting
rights 		% of  voting rights x
Direct Direct xi Indirect xii Direct Indirect
GB00BM7S7K96 102,843,873 102,843,873 0 0 76,498,107 0 31.45
Ordinary shares of 1p
 
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument 		Expiration
date xiii 		Exercise/
Conversion Period xiv 		Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted. 		% of voting
rights
         
 
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrument 		Exercise price Expiration date xvii Exercise/
Conversion period xviii 		Number of voting rights instrument refers to

  		% of voting rights xix, xx

 
         

  		Nominal Delta
   
 
Total (A+B+C)
Number of voting rights Percentage of voting rights
76,498,107 31.45


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
Chase Nominees Limited holds the voting rights in OSB Holdco as nominee for OSB Holdco Limited.
A majority of voting rights in OSB Holdco Limited are held by JCF Associates III L.P. as general partner of each of (i) JCF III AIV II L.P. and (ii) J C Flowers III-B L.P.
JCF Associates III Ltd is the general partner of JCF Associates III L.P.
J. Christopher Flowers holds a majority of voting rights in JCF Associates III L.P.

 
 
Proxy Voting:
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease
to hold: 		N/A
12. Date on which proxy holder will cease to hold
voting rights: 		N/A
 

13. Additional information:

14. Contact name: Charlotte Cutler
Assistant Company Secretary
15. Contact telephone number: 01634 821310



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions 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

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