Holding(s) in Company (0504K)
July 08 2011 - 5:44AM
UK Regulatory
TIDMLSL
RNS Number : 0504K
LSL Property Services
08 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):
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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):
----------------- -------------------------------------------------- -------
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 6 July 2011
on
which the threshold is crossed or
reached: (v)
------------------------------------- ---------------------------------------
6. Date on which issuer notified: 7 July 2011
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7. Threshold(s) that is/are crossed Passed the 3% threshold
or
reached: (vi, vii)
------------------------------------- ---------------------------------------
8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN CODE
------------------ -------------------------------------- ------------------------------------------------------------------
Number Number Number Number of voting % of voting
of of of rights rights (x)
Shares Voting shares
Rights
------------------ --------------- --------------------- --------- ------------------------------ -----------------------
Direct Direct (xi) Indirect Direct Indirect
(xii)
------------------ ---- ----- ------ ----- ---- --------- ----------------- ----------- ------------ ---------
Ordinary Shares 3,485,331 same Below 3% Below 3% N/A Below N/A
ISIN:GB00B1G5HX72 3%
--------------- --------------------- --------- ----------------- ----------- ------------ ---------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion Period rights that may rights
(xiv) be
acquired if the
instrument is
exercised/ converted.
---------------------------- --------------- -------------------------------- --------------------------- ----------------
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
------------------------------------------------------------------------------------------------------------------------------
Type of financial Exercise Expiration Exercise/ Number of voting % of voting
instrument price date (xvii) Conversion rights instrument rights (xix,
period refers to xx)
(xviii)
---------------------- ------------- ------------- --------------- ------------------------- ----------------------------
N/A N/A N/A N/A N/A N/A N/A
---------------------- ------------- ------------- --------------- ------------------------- -------------- ------------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
------------------------------------------------------------------- ---------------------------------------------------------
Below 3% Below 3%
------------------------------------------------------------------- ---------------------------------------------------------
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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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:
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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
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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