TIDMLSL

RNS Number : 9240J

LSL Property Services

06 July 2011

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying       LSL Property Services plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
-----------------------------------------------  ----------------------------- 
 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           NO 
  which may result in the acquisition of shares already issued 
  to which voting rights are attached 
---------------------------------------------------------------------  ------- 
 An acquisition or disposal of instruments with similar economic          NO 
  effect to qualifying financial instruments 
---------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights                         NO 
---------------------------------------------------------------------  ------- 
 Other (please                                                            NO 
  specify): 
-----------------  --------------------------------------------------  ------- 
 3. Full name of person(s) subject      Sheffield Asset Management, L.L.C. 
  to the 
  notification obligation: (iii) 
-------------------------------------  --------------------------------------- 
 4. Full name of shareholder(s)         Sheffield Partners, L.P. 
  (if different from 3.):(iv)            Sheffield Institutional Partners, 
                                         L.P. 
                                         Sheffield International Partners 
                                         Master, Ltd. 
-------------------------------------  --------------------------------------- 
 5. Date of the transaction and date    5 July 2011 
  on 
  which the threshold is crossed or 
  reached: (v) 
-------------------------------------  --------------------------------------- 
 6. Date on which issuer notified:      6 July 2011 
-------------------------------------  --------------------------------------- 
 7. Threshold(s) that is/are crossed    Passed the 5% and 4% thresholds 
  or 
  reached: (vi, vii) 
-------------------------------------  --------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------------- 
 Class/type 
  of 
  shares 
  if possible        Situation previous 
  using               to the triggering                     Resulting situation after the triggering 
  the ISIN CODE       transaction                            transaction 
------------------  -------------------------------------  --------------------------------------------------------------------- 
                                      Number 
                     Number            of 
                      of               Voting               Number        Number of voting                % of voting 
                      Shares           Rights                of shares     rights                          rights (x) 
------------------  ---------------  --------------------  ------------  ------------------------------  ----------------------- 
                                                                                             Indirect 
                                                            Direct        Direct (xi)         (xii)       Direct        Indirect 
------------------      ----  -----    ------  -----  ---  ------------  -----------------  -----------  ------------  --------- 
 Ordinary Shares 
 ISIN:GB00B1G5HX72   5,485,331        same                  3,485,331     same               N/A          3.35%         N/A 
                    ---------------  --------------------  ------------  -----------------  -----------  ------------  --------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------------- 
                                                                                    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 
----------------------------  ---------------  ----------------------------------  ---------------------------  ---------------- 
 N/A                           N/A              N/A                                 N/A                          N/A 
----------------------------  ---------------  ----------------------------------  ---------------------------  ---------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------------- 
                                                       Exercise/ 
                                                        Conversion        Number of voting           % of voting 
 Type of financial       Exercise       Expiration      period             rights instrument          rights (xix, 
  instrument              price          date (xvii)    (xviii)            refers to                  xx) 
----------------------  -------------  -------------  -----------------  -------------------------  ---------------------------- 
 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 
---------------------------------------------------------------------  --------------------------------------------------------- 
 3,485,331                                                              3.35% 
---------------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------- 
 Sheffield Asset Management, L.L.C. 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 
 14. Contact name:                       Sheffield Asset Management, 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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