Holding(s) in Company

RNS Number : 3108R

LSL Property Services

28 April 2009

 



For filings with the FSA include the annex For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

LSL Property Services plc

2. Reason for notification (yes/no)
An acquisition or disposal of voting rights	YES
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached	NO
An event changing the breakdown of voting rights	NO
Other (please specify):______________	NO

3. Full name of person(s) subject to notification obligation:	Sheffield Asset Management, L.L.C.
4. Full name of shareholder(s) (if different from 3):	Sheffield Partners, L.P. Sheffield Institutional Partners, L.P. Sheffield International Partners Master Ltd.
5. Date of transaction (and date on which the threshold is crossed or reached if different):	24 April 2009
6. Date on which issuer notified:	28 April 2009
7. Threshold(s) that is/are crossed or reached:	Passed the 16%, 15%, 14%, 13% and 12% thresholds

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares	Number of voting rights	Number of shares	Number of voting rights		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
Ordinary  Shares ISIN: GB00B1G5HX72	16,968,974	same	11,672,974	same		11.21%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
N/A	N/A	N/A	N/A	N/A

Total (A+B)
Number of voting rights	Percentage of voting rights
11,672,974	11.21%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

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 proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14 Contact name:	Amy Rosenow Chief Operating Officer Sheffield Asset Management, L.L.C.
15. Contact telephone number:	[phone]

For notes on how to complete form TR-1 please see the FSA website. 

 

END

 

 

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