Holding(s) in Company

RNS Number : 2579V

LSL Property Services

26 January 2017




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	First Pacific Advisors, LLC
4. Full name of shareholder(s) (if different from 3.):^iv	FPA Funds Trust - FPA International Value Fund Kinsale Navigator Fund Generosity Limited
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	24 August 2016
6. Date on which issuer notified:	25 January 2017
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	Below 5%

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 Common Stock

5,267,163

Below 5%

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

Below 5%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
First Pacific Advisors, LLC ("FPA") is an investment adviser registered with the U.S. Securities and Exchange Commission. FPA provides investment management services on a discretionary basis to the accounts listed below. The number and percentage of Common Stock shares in the issuer held by each such account is as follows: FPA Funds Trust - FPA International Value Fund: 3,305,271 Common Stock shares (3.23%) Kinsale Navigator Fund: 483,772 Common Stock shares (0.47%) Generosity Limited 999,030 Common Stock shares (0.98%))

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:	Marie McAvenia
15. Contact telephone number:	310-996-5432