Holding(s) in Company (7282U)
October 20 2010 - 10:30AM
UK Regulatory
TIDMLSL
RNS Number : 7282U
LSL Property Services
20 October 2010
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
-------------------------------------------------------------------------------
1. Identity of the issuer or LSL Property Services
the underlying issuer plc
of existing shares to which
voting rights are
attached:
---------------------------------------------- -------------------------------
2 Reason for the notification (please tick the appropriate
box or boxes):
-------------------------------------------------------------------------------
An acquisition or disposal of voting rights YES
------------------------------------------------- ----------------------------
An acquisition or disposal of qualifying NO
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 NO
similar economic effect to qualifying financial
instruments
------------------------------------------------- ----------------------------
An event changing the breakdown of voting rights NO
------------------------------------------------- ----------------------------
Other (please NO
specify):
-------------------------------------------- --- ----------------------------
3. Full name of person(s) Sheffield Asset Management,
subject to the L.L.C.
notification obligation:
-------------------------------------------- ---------------------------------
4. Full name of shareholder(s) Sheffield Partners, L.P.
(if different from 3.): Sheffield Institutional
Partners, L.P.
Sheffield International
Partners Master, Ltd.
-------------------------------------------- ---------------------------------
5. Date of the transaction 15 October 2010
and date on
which the threshold is crossed
or
reached:
-------------------------------------------- ---------------------------------
6. Date on which issuer 20 October 2010
notified:
-------------------------------------------- ---------------------------------
7. Threshold(s) that is/are Passed the 7% threshold
crossed or
reached:
-------------------------------------------- ---------------------------------
8. Notified details:
------------------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares
------------------------------------------------------------------------------------------------------------------------------------
Class/type
of
shares
if possible
using Situation previous
the ISIN to the triggering Resulting situation after
CODE transaction the triggering transaction
------------------ ---------------------------------------------- ----------------------------------------------------------------
Number
Number of
of Voting Number of Number of voting % of voting
Shares Rights shares rights rights
------------------ --------------- ----------------------------- ------------ -------------------------- ----------------------
Direct Direct Indirect Direct Indirect
------------------ ----------- ----------- ------------ ------------ ------------- ----------- ----------- ---------
Ordinary Shares
ISIN:GB00B1G5HX72 8,258,336 same 6,757,620 same N/A 6.49% N/A
--------------- ----------------------------- ------------ ------------- ----------- ----------- ---------
B: Qualifying Financial Instruments
------------------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------------------
Number of voting
rights that
may be
acquired if
the
instrument
Exercise/ is % of
Type of financial Expiration Conversion exercised/ voting
instrument date Period converted. rights
---------------------- --------------- ----------------------------------------- -------------------------- --------------------
N/A N/A N/A N/A N/A
---------------------- --------------- ----------------------------------------- -------------------------- --------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments
------------------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------------------
Number of
Exercise/ voting rights
Type of financial Exercise Expiration Conversion instrument % of voting
instrument price date period refers to rights
-------------------- --------------- ------------- -------------------------- --------------- ---------------------------------
N/A N/A N/A N/A N/A N/A N/A
-------------------- --------------- ------------- -------------------------- --------------- ------------- ------------------
Total (A+B+C)
------------------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
-------------------------------------------------------------------- --------------------------------------------------------------
6,757,620 6.49%
-------------------------------------------------------------------- --------------------------------------------------------------
9. Chain of controlled undertakings through which
the voting rights and/or the
financial instruments are effectively held, if applicable:
---------------------------------------------------------------
Sheffield Asset Management, LLC exercises voting
rights on behalf of:
Sheffield Partners, L.P.
Sheffield Institutional Partners, L.P.
Sheffield International Partners Master Ltd.
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:
-------------------------------- -----------------------------
Amy Rosenow
Chief Operating Officer
Sheffield Asset Management,
14. Contact name: L.L.C.
-------------------------------- -----------------------------
15. Contact telephone number: +1 312 506 6403
-------------------------------- -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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