LSL Property Services Holding(s) in Company (9570T)
July 23 2015 - 12:31PM
UK Regulatory
TIDMLSL
RNS Number : 9570T
LSL Property Services
23 July 2015
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i)
1. Identity of the issuer or the underlying
issuer of existing shares to which voting
rights are attached: ii LSL Property PLC
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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 x
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An acquisition or disposal of qualifying financial instruments
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
effect to qualifying financial instruments
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An event changing the breakdown of voting rights
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Other (please specify):
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3. Full name of person(s) subject
to the notification obligation: iii SFM UK Management LLP
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4. Full name of shareholder(s)
(if different from 3.):iv Quantum Partners LP
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5. Date of the transaction and date
on July 21st, 2015
which the threshold is crossed or
reached: v
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6. Date on which issuer notified: July 23rd, 2015
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7. Threshold(s) that is/are crossed
or reached: vi, vii Crossed 4%
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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 Situation previous Resulting situation after the triggering
shares to the triggering transaction
transaction
if possible using
the ISIN CODE
-------------------- -------------------------- -------------------------------------------------------------
Number Number Number Number of voting % of voting rights
of Shares of Voting of shares rights x
Rights
-------------------- ------------ ------------ ------------ ----------------------- ----------------------
Direct xi Indirect
Direct xii Direct Indirect
-------------------- ------------ ------------ ------------ ------------ --------- --------- -----------
GB00B1G5HX72 4,188,262 4,188,262 3,775,123 3,775,123 0 3.62% 0%
-------------------- ------------ ------------ ------------ ------------ --------- --------- -----------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial Expiration Exercise/ Conversion Number of voting % of voting
instrument date xiii Period xiv rights that may rights
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
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Resulting situation after the triggering transaction
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Type of financial Exercise Expiration Exercise/ Number of voting % of voting rights
instrument price date xvii Conversion rights instrument xix,
period xviii refers to xx
------------------ --------- ----------- -------------- ------------------- ---------------------
Nominal Delta
------------------ --------- ----------- -------------- ------------------- ----------- --------
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
------------------------ ----------------------------
3,774,665 3.62%
------------------------ ----------------------------
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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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.
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Proxy Voting:
------------------------------------------------------------------------------------
10. Name of the proxy holder: N/A
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11. Number of voting rights proxy holder will
cease to hold: N/A
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12. Date on which proxy holder will cease to
hold voting rights: N/A
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13. Additional information: N/A
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14. Contact name: Jade Cornell Compliance Officer
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15. Contact telephone number: 020 7758 4826
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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