Understanding OSB Group PLC's Block Listing Returns
The block listing six monthly return offers valuable insights into the stock performance of OSB Group PLC. Information on this form is essential for stakeholders and investors alike, ensuring transparency and clarity.
This document outlines several important elements, starting with the applicant name and the schemes included in the report.
Applicant Information
In this instance, the applicant is OSB Group PLC, a well-recognized financial institution actively participating in various schemes aimed at rewarding employees and aligning their interests with the company’s success.
Details of Share Schemes
OSB Group PLC operates several notable share schemes, including:
1. Sharesave Scheme
This scheme encourages employees to save towards acquiring shares in the company, fostering a sense of ownership and investment in the company’s future.
2. Deferred Share Bonus Plan
This plan allows employees to receive bonuses in the form of shares, thus offering them a direct stake in the performance of the company.
3. Performance Share Plan
Rewarding executives based on the company’s performance, this plan helps attract and retain top talent within the organization.
Period of Reporting
The return covers a reporting period from June 1 to November 30. This timeframe allows the company to evaluate performance and adjust as necessary to remain competitive in the market.
Unallotted Securities Overview
As of the last return, OSB Group PLC has:
- 1,220,102 Ordinary Shares of £0.01 each under the Sharesave Scheme.
- 377,056 Ordinary Shares of £0.01 each under the Deferred Share Bonus Plan.
- 2,495,577 Ordinary Shares of £0.01 each under the Performance Share Plan.
Importantly, the balance of unallotted securities from the previous report reflects strategic management of share distribution.
Increased Shares Since Last Report
Fortunately, there has been no increase in the number of shares for any of the schemes since the last return, maintaining shareholder stability.
Securities Issued During the Period
During this reporting period, the company has issued:
- 49,053 Ordinary Shares of £0.01 each under the Sharesave Scheme.
- 24,954 Ordinary Shares of £0.01 each under the Deferred Share Bonus Plan.
- No shares under the Performance Share Plan.
The effective management of share issuance is crucial for maintaining a healthy balance and supporting the overall strategic goals of the company.
Final Balance of Unissued Shares
At the end of the reporting period, the unissued balance stands at:
- 1,171,049 Ordinary Shares of £0.01 each for the Sharesave Scheme.
- 352,102 Ordinary Shares of £0.01 each for the Deferred Share Bonus Plan.
- 2,495,577 Ordinary Shares of £0.01 each for the Performance Share Plan.
This balance indicates the company’s continued commitment to its employee share schemes while supporting strategic objectives.
Contact Information for Inquiries
Should you have any questions regarding this block listing return, you can reach out to:
- Name: Jason Elphick
- Telephone: 01634 848 944
The team at OSB Group PLC is always ready to assist with clarifications about the shares and schemes offered to employees.
Frequently Asked Questions
What is a block listing return?
A block listing return provides updates on the status and details of shares that are available for issuance under specific employee share schemes.
Who is the applicant mentioned in the return?
The applicant is OSB Group PLC, a well-known entity in the financial sector.
What are the key share schemes operated by OSB Group PLC?
OSB has several share schemes, including the Sharesave Scheme, Deferred Share Bonus Plan, and Performance Share Plan.
How many securities were issued during the reporting period?
A total of 73,007 Ordinary Shares were issued during this period across different schemes.
Who can I contact for more information regarding the block listing?
You can contact Jason Elphick at 01634 848 944 for further inquiries regarding the block listing return.
