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ONE Savings Bank PLC : Holding(s) in Company

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OneSavings Bank PLC: Holding(s) in Company

For filings with the FCA include the annex  
For filings with issuer exclude the annex  
 
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
28 March 2017
6. Date on which issuer notified: 29 March 2017
7. Threshold(s) that is/are crossed or
reached:
vi, vii
52%, 51%, 50%, 49%,48%, 47%, 46%, 45%, 44%, 43%


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 127,143,873 127,143,873 0 0 102,843,873 0 42.30
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
102,843,873 42.30


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: Arvidas Remeza, Associate General Counsel,
J.C. Flowers & Co. UK LLP
15. Contact telephone number: 0207 7100 515


Note: Annex should only be submitted to the FCA not the issuer
Annex: Notification of major interests in sharesxxii
 
A: Identity of the persons or legal entity subject to the notification obligation
Full name
(including legal form of legal entities)

 
J. Christopher Flowers
JCF Associates III Ltd
JCF III AIV II L.P.
J.C. Flowers III B-L.P.
OSB Holdco Ltd.
Contact address
(registered office for legal entities)

 
C/o J.C. Flowers & Co. UK LLP
125 Old Broad Street
24th Floor
London
EC2N 1AR
Phone number & email

 
0207 710 0515 
aremeza@jcfco.com 
Other useful information
(at least legal representative for legal persons)

 
Arvidas Remeza, Associate General Counsel
J.C. Flowers & Co. UK LLP
   
B: Identity of the notifier, if applicable
Full name

 
Arvidas Remeza, Associate General Counsel,
J.C. Flowers & Co. UK LLP
Contact address

 
125 Old Broad Street
24th Floor
London
EC2N 1AR
Phone number & email

 
0207 710 0515 
aremeza@jcfco.com
Other useful information
(e.g. functional relationship with the person or legal entity subject to the notification obligation)
Affiliate of the entities subject to the notification obligation
 
C: Additional information
N/A



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: ONE Savings Bank PLC via Globenewswire

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