ONE Savings Bank PLC : Holding(s) in Company
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 | 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 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 | |
