LSL Property Services Holding(s) in Company (5371O)

TIDMLSL
RNS Number : 5371O
LSL Property Services
11 October 2012
 
 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 1. Identity of the issuer or the         LSL Property Services PLC 
  underlying issuer 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                          X 
-------------------------------------------------------------------  ------ 
 
   An acquisition or disposal of qualifying 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 similar 
   economic effect to qualifying financial instruments 
-------------------------------------------------------------------  ------ 
 
   An event changing the breakdown of voting rights 
-------------------------------------------------------------------  ------ 
 
   Other (please 
   specify): 
-------------------  ----------------------------------------------  ------ 
 
 
 
 3. Full name of person(s) subject 
  to the notification obligation:        SFM UK Management LLP 
-------------------------------------  ----------------------- 
 4. Full name of shareholder(s) (if 
  different from 3.):                    Quantum Partners LP 
-------------------------------------  ----------------------- 
 5. Date of the transaction and date 
  on which the threshold is crossed      October 10, 2012 
  or reached: 
-------------------------------------  ----------------------- 
 6. Date on which issuer notified:      October 11, 2012 
-------------------------------------  ----------------------- 
 7. Threshold(s) that is/are crossed 
  or reached:                           5% 
-------------------------------------  ----------------------- 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------- 
 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 rights 
                    of           of          of shares    rights 
                    Shares       Voting 
                                 Rights 
----------------  -----------  ----------  -----------  ---------------------  --------------------- 
                                            Direct       Direct      Indirect   Direct     Indirect 
----------------  -----------  ----------  -----------  ----------  ---------  ---------  ---------- 
 
 GB00B1G5HX72      N/A          N/A         6,000,000    6,000,000   0          5.76%      0.00% 
----------------  -----------  ----------  -----------  ----------  ---------  ---------  ---------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------ 
 Type of financial   Expiration   Exercise/     Number of voting         % of voting 
  instrument          date         Conversion    rights that              rights 
                                   Period        may 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 
----------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------- 
 Type of financial   Exercise   Expiration   Exercise/     Number of voting     % of voting 
  instrument          price      date         Conversion    rights instrument    rights 
                                              period        refers to 
------------------  ---------  -----------  ------------  -------------------  ---------------- 
                                                                                Nominal   Delta 
------------------  ---------  -----------  ------------  -------------------  --------  ------ 
 
 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 
------------------------  ---------------------------- 
 
  6,000,000                 5.76% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
----------------------------------------------------------------------------- 
 
   This statement relates to common shares held for the account of Quantum 
   Partners LP, a Cayman Islands exempted limited partnership ("Quantum 
   Partners"). SFM UK Management LLP, a sub-advisor to Soros Fund Management 
   LLC, serves as investment manager to Quantum Partners and has been granted 
   investment discretion over portfolio investments, including the common 
   shares held for the account of Quantum Partners. 
----------------------------------------------------------------------------- 
 
 
 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:      N/A 
-------------------------------  ----------------------- 
 14. Contact name: 
                                   Jade Cornell 
                                   Compliance Officer 
                                   SFM UK Management LLP 
-------------------------------  ----------------------- 
 15. Contact telephone number:     020 7758 4826 
-------------------------------  -----------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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