TIDMLSL

RNS Number : 8295R

LSL Property Services

16 September 2014

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 
 1. Identity of the issuer or the underlying           LSL Property Services Group 
  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                                  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        SFM UK Management LLP 
   to the notification obligation: iii 
----------------------------------------  ---------------------------------------- 
  4. Full name of shareholder(s) (if       Quantum Partners LP 
   different from 3.):(iv) 
----------------------------------------  ---------------------------------------- 
  5. Date of the transaction and date      September 12(th) , 2014 
   on which the threshold is crossed 
   or reached: v 
----------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:         September 16(th) , 2014 
----------------------------------------  ---------------------------------------- 
  7. Threshold(s) that is/are crossed      Crossed 6% 
   or reached: vi, vii 
----------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares viii, ix 
---------------------------------------------------------------------------------------------------------- 
 Class/type of         Situation previous           Resulting situation after the triggering 
  shares                to the triggering            transaction 
  if possible using     transaction 
  the ISIN CODE 
--------------------  ---------------------------  ------------------------------------------------------- 
                       Number of   Number of        Number of   Number of voting        % of voting rights 
                        Shares      Voting Rights    shares      rights                                  x 
--------------------  ----------  ---------------  ----------  ---------------------  -------------------- 
                                                    Direct      Direct xi   Indirect    Direct   Indirect 
                                                                             xii 
--------------------  ----------  ---------------  ----------  ----------  ---------  --------  ---------- 
 GB00B1G5HX72          6,319,443   6,319,443        5,559,443   5,559,443   0            5.33%   0% 
--------------------  ----------  ---------------  ----------  ----------  ---------  --------  ---------- 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/            Number of voting            % of voting rights 
  instrument          date xiii    Conversion Period    rights that may 
                                   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 rights 
  instrument          price      date xvii    Conversion      rights instrument    xix, xx 
                                              period xviii    refers to 
------------------  ---------  -----------  --------------  -------------------  --------------------- 
 N/A                 N/A        N/A          N/A             N/A                  Nominal       Delta 
------------------  ---------  -----------  --------------  -------------------  -----------  -------- 
                                                                                  N/A           N/A 
------------------  ---------  -----------  --------------  -------------------  -----------  -------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------ 
 Number of voting rights                     Percentage of voting rights 
-------------------------------------------  --------------------------- 
                                  5,559,443                        5.33% 
-------------------------------------------  --------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the financial instruments are effectively held, if applicable: xxi 
--------------------------------------------------------------------------- 
 

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  N/A 
   cease to hold: 
-----------------------------------------------  --- 
  12. Date on which proxy holder will cease to   N/A 
   hold voting rights: 
-----------------------------------------------  --- 
 
 
 13. Additional information:      N/A 
-------------------------------  -------------------- 
 14. Contact name:                Jade Cornell 
                                   Compliance Officer 
-------------------------------  -------------------- 
 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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