OneSavings Bank plc : Documents available at UKLA
OneSavings Bank plc
2017 Annual Report and Accounts and Notice of Annual General Meeting
The Annual Report and Accounts for the year ended 31 December 2017 and the Notice of Annual General Meeting of the Company and Form of Proxy have today been submitted for inspection at the UKLA's document viewing facility via the National Storage Mechanism at: http://www.hemscott.com/nsm.do
Hard copies of these documents have been mailed to shareholders.
The 2018 Annual General Meeting of the Company will be held at the offices of Addleshaw Goddard LLP, Milton Gate, 60 Chiswell Street, London EC1Y 4AG on Thursday, 10 May 2018 at 11 am. Full details of the proposed resolutions are set out in the Notice of Annual General Meeting.
OneSavings Bank plc
Deputy Company Secretary
t: 01634 835 796
t: 020 7404 5959
Robin Wrench / Simone Selzer
Notes to Editors
About OneSavings Bank plc
OneSavings Bank plc began trading as a bank on 1 February 2011 and was admitted to the main market of the London Stock Exchange in June 2014 (OSB.L). OSB joined the FTSE 250 index in June 2015. OSB is a specialist lending and retail savings group authorised by the Prudential Regulation Authority, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority.
OSB primarily targets market sub-sectors that offer high growth potential and attractive risk-adjusted returns in which it can take a leading position and where it has established expertise, platforms and capabilities. These include private rented sector Buy-to-Let, commercial and semi-commercial mortgages, residential development finance, bespoke and specialist residential lending and secured funding lines. OSB originates organically through specialist brokers and independent financial advisers. It is differentiated through its use of high skilled, bespoke underwriting and efficient operating model.
OSB is predominantly funded by retail savings originated through the long established Kent Reliance name, which includes online and postal channels, as well as a network of branches in the South East of England. Diversification of funding is currently provided by access to a securitisation programme and the Term Funding Scheme.