Holding(s) in Company

RNS Number : 1896B

LSL Property Services

21 October 2009

 



TR-1: NOTIFICATION OF MAJOR INTEREST 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 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:	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 the transaction and date on which the threshold is crossed or reached:	19 October 2009 (10%) 20 October 2009 (9%)
6. Date on which issuer notified:	21 October 2009
7. Threshold(s) that is/are crossed or reached:	Passed the 10% and 9% thresholds

8. Notified details:
A: Voting rights attached to shares
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
			Direct	Direct	Indirect	Direct	Indirect
Ordinary shares ISIN:	10,950,974	same	9,250,974	same	N/A	8.88%	N/A
GB00B1G5HX72

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/  Conversion  Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
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 instrument	Exercise  price	Expiration  date	Exercise/ Conversion  period	Number of voting  rights instrument  refers to	% of voting rights
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
9,250,974	8.88%

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

Sheffield Asset Management, LLC 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 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:
14. Contact name:	Amy Rosenow Chief Operating Officer Sheffield Asset Management, LLC
15. Contact telephone number:	[phone]

 

END

 

 

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