Holding(s) in Company (7767F)
May 03 2011 - 2:03AM
UK Regulatory
TIDMLSL
RNS Number : 7767F
LSL Property Services
03 May 2011
TR-1: NOTIFICATION OF MAJOR INTEREST IN
SHARES(i)
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1. Identity of the issuer or the LSL PROPERTY SERVICES PLC
underlying issuer of existing shares to
which voting rights are attached: (ii)
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2 Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights Yes
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An acquisition or disposal of qualifying financial instruments No
which may result in the acquisition of shares already issued to
which voting rights are attached
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An acquisition or disposal of instruments with similar economic No
effect to qualifying financial instruments
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An event changing the breakdown of voting rights No
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Other (please No
specify):
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3. Full name of person(s) subject International Value Advisers, LLC, an
to the investment adviser registered with the US
notification obligation: (iii) Securities and Exchange Commission.
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4. Full name of shareholder(s) See section 9.
(if different from 3.):(iv)
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5. Date of the transaction and 26 April 2011
date on which the threshold is
crossed or reached: (v)
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6. Date on which issuer notified: 28 April 2011
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7. Threshold(s) that is/are Below 3%
crossed or reached: (vi, vii)
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8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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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 % of voting rights
Shares Rights of shares rights (x)
------------- -------------- ------------------ ------------ ---------------------- -----------------------------
Direct Indirect
Direct (xi) (xii) Direct Indirect
------------- --- ------- ------ ----- --- ------------ ---------- ---------- ------------- --------------
GB00B1G5HX72 3,498,715 3,498,715 2,191,260 2,191,260 2.104%
-------------- ------------------ ------------ ---------- ---------- ------------- --------------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Number of voting
rights that may
be
Exercise/ acquired if the
Type of financial Expiration Conversion Period instrument is % of voting
instrument date (xiii) (xiv) exercised/ converted. rights
-------------------- --------------- ---------------------------- --------------------------- --------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments (xv, xvi)
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Resulting situation after the triggering transaction
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Exercise/
Type of Conversion Number of voting
financial Exercise Expiration period rights instrument % of voting rights
instrument price date (xvii) (xviii) refers to (xix, xx)
--------------- ------------ ------------- ----------------- -------------------------- -------------------------
Nominal Delta
--------------- ------------ ------------- ----------------- -------------------------- ------------ -----------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
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2,191,260 2.104%
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9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
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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:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will
cease
to hold:
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12. Date on which proxy holder will cease to
hold
voting rights:
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13. Additional information:
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14. Contact name: Shanda Scibilia
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15. Contact telephone number: +1-212 -584-3580
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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