Edition:
India

OneSavings Bank PLC (OSBO.L)

OSBO.L on London Stock Exchange

440.60GBp
17 Aug 2018
Change (% chg)

1.00 (+0.23%)
Prev Close
439.60
Open
438.80
Day's High
440.80
Day's Low
436.60
Volume
289,319
Avg. Vol
784,549
52-wk High
452.50
52-wk Low
356.00

Latest Key Developments (Source: Significant Developments)

JC Flowers sells 10 percent of OneSavings Bank shares ​
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Onesavings Bank Plc ::‍ACCELERATED BOOKBUILD OFFERING TO INSTITUTIONAL INVESTORS OF APPROXIMATELY 24.3 MILLION EXISTING ORDINARY SHARES IN ONESAVINGS BANK PLC ON BEHALF OF FUNDS MANAGED AND ADVISED BY J.C. FLOWERS & CO. LLC ​.TRANSACTION REPRESENTS APPROXIMATELY 10 PERCENT OF BANK'S ISSUED SHARE CAPITAL‍​.‍IN PARALLEL WITH BOOKBUILD, A NUMBER OF EXISTING ORDINARY SHARES IN ONESAVINGS BANK HELD ON BEHALF OF JCF FUNDS EQUAL TO APPROX. 9% OF NUMBER TO BE SOLD UNDER BOOKBUILD PROCESS WILL BE DISTRIBUTED TO CERTAIN INVESTORS IN JCF FUNDS ​.  Full Article

OneSavings Bank sees full year net loan book growth of about 20 pct
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - ONESAVINGS BANK PLC ::LOAN BOOK GROWTH OF 17% FOR NINE MONTHS TO 30 SEPTEMBER 2017 WITH NET LOANS AND ADVANCES GROWING BY £997M TO £6.9BN DURING PERIOD​.‍A RECORD QUARTER FOR ORGANIC ORIGINATIONS OF £677M IN THREE MONTHS TO 30 SEPTEMBER 2017​.‍TO DATE GROUP HAS DRAWN A TOTAL OF £1BN UNDER TERM FUNDING SCHEME AND DRAWINGS UNDER FUNDING FOR LENDING SCHEME HAVE BEEN REDUCED TO £92M​.‍EXPECT NET LOAN BOOK GROWTH OF C. 20% FOR FULL YEAR IN 2017​.‍EXPECT KEEPING NIM FOR FULL YEAR BROADLY FLAT TO 2016 AND COST TO INCOME RATIO BROADLY FLAT TO FIRST HALF​.‍"AS WE CONTINUE TO FOCUS ON PROFESSIONAL LANDLORDS AND INCREASE OUR MARKET SHARE. WE EXPECT LOAN BOOK GROWTH OF C.20% FOR FULL YEAR"-CEO​.  Full Article

JC Flowers sells 10 pct stake in OneSavings Bank for 110 mln stg
Thursday, 25 May 2017 

May 25 (Reuters) - Onesavings Bank Plc :Funds managed and advised by J.C. Flowers & Co. have sold 25,000,000 shares in OneSavings Bank PLC, representing approx. 10 pct of share capital.Shares were sold at 438 pence per share, equating to gross proceeds of approximately 110 million pounds ($142.87 million)for J.C. Flowers.  Full Article

JC Flowers funds to sell about 24.3 mln shares in OneSavings Bank - Bookrunner
Wednesday, 24 May 2017 

May 24 (Reuters) - Bookrunner::OneSavings Bank - Bookrunner says accelerated bookbuild offering of about 24.3 mln existing shares in OneSavings Bank plc.OneSavings Bank - offer represents about 10% of onesavings bank's issued share capital.OneSavings Bank - Bookrunner says on behalf of funds managed and advised by J.C. Flowers & Co. LLC (JCF funds).  Full Article