OSB Group PLC - Kent-based mortgage specialist focused on UK housing market, formerly known as OneSavings Bank - Shares results from tender offer of fixed-rate resetting perpetual subordinated contingent convertible securities, announced in late September. All GBP60 million in aggregate nominal amount of the securities are tendered for purchase. OSB accepts securities tendered at a cash purchase price equal to 105.75% of face value. All will be cancelled following settlement date.
Current stock price: 503.50 pence at London close on Tuesday
Year-to-date change: up 19%
By Josie O'Brien; josieobrien@alliancenews.com
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OneSavings Bank (OSB)
