Holding(s) in Company

RNS Number : 2361D
LSL Property Services
18 March 2011
 



 




TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



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

LSL PROPERTY SERVICES PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

No

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

No

An event changing the breakdown of voting rights

No

Other (please specify):


No

3. Full name of person(s) subject to the
notification obligation:
iii

International Value Advisers, LLC, an investment adviser registered with the US Securities and Exchange Commission.

4. Full name of shareholder(s)
 (if different from 3.):iv

See section 9.

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

16 March 2011

6. Date on which issuer notified:

18 March 2011

7. Threshold(s) that is/are crossed or
reached:
vi, vii

Below 10%



 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the 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

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B1G5HX72

11,313,375

11,313,375

10,137,425


10,137,425


9.733%



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

10,137,425

9.733%



 

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

International Value Advisers,  LLC ("IVA") is an investment adviser registered with the U.S. Securities and Exchange Commission under the U.S. Investment Advisers Act of 1940. As such, pursuant to advisory contracts, IVA has the power to purchase and sell securities on behalf of its clients and the power to vote for most clients. Persons other than IVA are entitled to receive all dividends from, and proceeds from the sale of all securities reported hereunder.

 

 


Proxy Voting:

10. Name of the 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:

Shanda Scibilia

 

15. Contact telephone number:

+1-212 -584-3580

  

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLUWSORANAOAAR
UK 100

Latest directors dealings