TIDMLSL

RNS Number : 8516B

LSL Property Services

06 April 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                  LSL Property Services plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  --------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
---------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                               X 
------------------------------------------------------------  -------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
------------------------------------------------------------  -------------------------- 
 An acquisition or disposal of instruments with                            X 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------  -------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------  -------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    -------------------------- 
 3. Full name of person(s)                                               GLG PARTNERS LP 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------- 
 4. Full name of shareholder(s)                                                      N/A 
  (if different from 3.):(iv) 
-----------------------------------------------------------  --------------------------- 
 5. Date of the transaction 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v)                                                                05/04/2017 
-----------------------------------------------------------  --------------------------- 
 6. Date on which issuer                                                      06/04/2017 
  notified: 
-----------------------------------------------------------  --------------------------- 
 7. Threshold(s) that is/are                                                    Above 5% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  --------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                 Resulting situation after the 
  of             to the triggering                  triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ---------------------------------  -------------------------------------------------------------------- 
                Number           Number            Number          Number of                   % of voting 
                of                of                of shares       voting                      rights (x) 
                Shares            Voting                            rights 
                                  Rights 
-------------  ---------------  ----------------  --------------  --------------------------  ------------------------ 
                                                   Direct          Direct        Indirect      Direct       Indirect 
                                                                    (xi)          (xii) 
-------------      -----------    ------------    --------------  ------------  ------------  -----------  ----------- 
                Below            Below 
 GB00B1G5HX72    5%               5%               3,864,118       3,864,118     N/A           3.77%        N/A 
               ---------------  ----------------  --------------  ------------  ------------  -----------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                         Number of voting              % of voting 
 financial           date           Conversion                        rights that                   rights 
 instrument          (xiii)         Period (xiv)                      may 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) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration      Exercise/         Number of voting              % of voting 
 financial         price         date            Conversion         rights instrument             rights (xix, 
 instrument                      (xvii)          period             refers to                     xx) 
                                                 (xviii) 
---------------  -------------  --------------  ----------------  ----------------------------  ---------------------- 
 CFD              N/A            N/A             N/A               1,366,254                     1.33%        1.33% 
---------------  -------------  --------------  ----------------  ----------------------------  -----------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                             Percentage of voting rights 
--------------------------------------------------  ------------------------------------------------------------------ 
 5,230,372                                           5.11% 
--------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------- 
 
        GLG Partners is an investment management firm investing 
           money on behalf of clients and investment funds. 
 
 Proxy Voting: 
-------------------------------------------------------------------- 
 10. Name of the proxy holder:                        Not Applicable 
--------------------------------------------  ---------------------- 
 11. Number of voting rights proxy                    Not Applicable 
  holder will cease 
  to hold: 
--------------------------------------------  ---------------------- 
 12. Date on which proxy holder will                  Not Applicable 
  cease to hold 
  voting rights: 
--------------------------------------------  ---------------------- 
 
 
  13. Additional information:                         Not Applicable 
--------------------------------------------  ---------------------- 
 14. Contact name:                                     Matthew Irwin 
--------------------------------------------  ---------------------- 
 
 15. Contact telephone number:                  + 44 (0)20 7144 7255 
--------------------------------------------  ---------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 06, 2017 11:39 ET (15:39 GMT)

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