ONE Savings Bank PLC : Holding(s) in Company

30 maart 2017

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 SHARES ⁱ

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

102,843,873

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 shares ^xxii

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 OMX Corporate Solutions on behalf of NASDAQ OMX 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

HUG#2092412