Notification of Transactions of Persons Discharging Managerial Responsibilities (PDMRs)
PSP and deferred bonus awards granted to CEO and CFO with three-year performance conditions.
- Andrew Golding PSP award 189,179 shares
- Andrew Golding DSBP award 61,698 shares
- Victoria Hyde DSBP award 37,018 shares
- Share price used for calculation £5.49
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The Company notifies the following changes in the interests in the ordinary shares of £0.01 each (Shares) of the Company of the PDMRs arising from awards granted under the Performance Share Plan (PSP) on 23 March 2026 (the Award Date). The number of Shares subject to the awards has been calculated by reference to the average closing share price of the Company over the three dealing days prior to the Award Date (£5.49).
The purpose of the DSBP is to facilitate the deferral of part of a participant’s annual bonus into Shares. Awards to Executive Directors cannot be sold for at least three years after grant. DSBP awards will not be subject to performance conditions.
The PSP awards are based on return on tangible equity, relative total shareholder return, a risk-based measures and an ESG measure. The performance targets will be measured over three financial years (1 January 2026 – 31 December 2028). To the extent that the awards vest, they will vest 75% on the third anniversary of the Award Date and 25% vesting on the fourth anniversary of the Award Date. A post-vesting holding period will then apply to each tranche to ensure that there is a period of five years between grant and release. Clawback and malus provisions apply to these awards.
| Name | Number of Shares subject to award | ||
|---|---|---|---|
| PDMRs | |||
| Deferred Share Bonus Plan | PSP | TOTAL | |
| Andrew Golding | 61,698 | 189,179 | 250,877 |
| Victoria Hyde | 37,018 | - | 37,018 |
The Company intends to grant Victoria Hyde’s 2026 PSP later this year following proposed amendments to the Company’s Remuneration Policy.
The following disclosures are made in accordance with Article 19 of the UK Market Abuse Regulation.
- Details of the person discharging managerial responsibilities / person closely associated
| Name of natural person | Andrew Golding | |
| 2. Reason for the notification | ||
| Position/status | Chief Executive Officer | |
| Initial notification/amendment | Initial Notification | |
| a. Full name of the entity | OSB GROUP PLC | |
| b. Legal Entity Identifier code | 213800ZBKL9BHSL2K459 | |
| 4. Details of the transaction(s): | ||
| a. Description of the financial instrument, type of instrument | Ordinary shares of £0.01 each | |
| Identification code | GB00BLDRH360 | |
| b. Nature of Transaction | Grant of awards | |
| c. Price(s) and Volume(s) | Price | Volume |
| Nil | 250,877 | |
| d. Aggregated Information: | Aggregated volume 250,877 Aggregated price Nil | |
| f. Place of transaction | Outside a trading venue | |
Details of the person discharging managerial responsibilities / person closely associated
| Name of natural person | Victoria Hyde | |
| 2. Reason for the notification | ||
| Position/status | Chief Financial Officer | |
| Initial notification/amendment | Initial Notification | |
| a. Full name of the entity | OSB GROUP PLC | |
| b. Legal Entity Identifier code | 213800ZBKL9BHSL2K459 | |
| 4. Details of the transaction(s): | ||
| a. Description of the financial instrument, type of instrument | Ordinary shares of £0.01 each | |
| Identification code | GB00BLDRH360 | |
| b. Nature of Transaction | Grant of awards | |
| c. Price(s) and Volume(s) | Price | Volume |
| Nil | 37,018 | |
| d. Aggregated Information: | Aggregated volume 37,018 Aggregated price Nil | |
| f. Place of transaction | Outside a trading venue | |
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