Holding(s) in Company (9190W)

TIDMLSL
RNS Number : 9190W
LSL Property Services
26 November 2010
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
--------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the 
 underlying issuer of existing 
 shares to which voting rights are 
 attached:                                        LSL PROPERTY SERVICES PLC 
------------------------------------  ------------------------------------- 
 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 financial instruments 
 which may result in the acquisition 
 of shares already issued to which 
 voting rights are attached                             No 
-------------------------------------  ------------------------------------ 
 An acquisition or disposal of 
 instruments with similar economic 
 effect to qualifying financial 
 instruments                                            No 
-------------------------------------  ------------------------------------ 
 An event changing the breakdown of 
 voting rights                                          No 
-------------------------------------  ------------------------------------ 
 Other (please 
  specify):                                             No 
------------------------------------   ------------------------------------ 
                                       International Value Advisers, LLC, 
 3. Full name of person(s) subject     an investment adviser registered 
  to the                               with the US Securities and Exchange 
  notification obligation:             Commission. 
------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s) 
 (if different from 3.):               See section 9. 
------------------------------------  ------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached:                             23 November 2010 
------------------------------------  ------------------------------------- 
 6. Date on which issuer notified:     26 November 2010 
------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                             12% 
------------------------------------  ------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
----------------------------------------------------------------------------------------------------------------- 
 Class/type 
 of shares if 
 possible       Situation previous 
 using the       to the triggering                Resulting situation after the triggering 
 ISIN CODE       transaction                       transaction 
-------------  --------------------------------  ---------------------------------------------------------------- 
                                 Number 
                Number            of 
                 of               Voting          Number         Number of voting 
                 Shares           Rights           of shares      rights                 % of voting rights 
-------------  ---------------  ---------------  -------------  ----------------------  ------------------------- 
                                                  Direct         Direct     Indirect     Direct        Indirect 
-------------      -----------    -----------    -------------  ---------  -----------  ------------  ----------- 
                Below            Below 
                notifiable       notifiable 
 GB00B1G5HX72   threshold        threshold        12,906,297                12,906,297                 12.391% 
               ---------------  ---------------  -------------  ---------  -----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------- 
                                                                   Number of voting 
                                                                    rights that may 
                                                                    be 
 Type of                                                            acquired if the 
 financial          Expiration     Exercise/                        instrument is            % of voting 
 instrument          date           Conversion Period               exercised/ converted.     rights 
-----------------  -------------  ------------------------------  ------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
----------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------- 
 Type of                                        Exercise/        Number of voting 
 financial        Exercise       Expiration     Conversion        rights instrument 
 instrument        price         date           period            refers to                % of voting rights 
---------------  -------------  -------------  ---------------  ------------------------  ----------------------- 
                                                                                           Nominal       Delta 
---------------  -------------  -------------  ---------------  ------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  -------------------------------------------------------------- 
 12,906,297                                         12.391% 
-------------------------------------------------  -------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
---------------------------------------------------------------------------- 
          International Value Advisers, LLC ("IVA") is an investment adviser 
  registered with the U.S. Securities and Exchange Commission under the U.S. 
   Investment Advisers Act of 1940. As such, pursuant to advisory contracts, 
  IVA has the power to purchase and sell securities on behalf of its clients 
 and the power to vote for most clients. Persons other than IVA are entitled 
 to receive all dividends from, and proceeds from the sale of all securities 
                                                         reported hereunder. 
 
 Proxy Voting: 
---------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
---------------------------------------------------------  ----------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
---------------------------------------------------------  ----------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
---------------------------------------------------------  ----------------- 
 
 13. Additional information: 
---------------------------------------------------------  ----------------- 
 14. Contact name:                                          Shanda Scibilia 
---------------------------------------------------------  ----------------- 
 15. Contact telephone number:                              +1-212 -584-3580 
---------------------------------------------------------  -----------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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