Holding(s) in Company

RNS Number : 7455T
LSL Property Services
11 June 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:


5 June 2009

6. Date on which issuer notified:


10 June 2009

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


Passed the 11% threshold

  

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

V
oting
Rights

Number
of shares

Number of voting
rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Ordinary 
Shares




 11,672,974

 



same




11,422,974 

 


same

 


N/A

 


10.97%

 


N/A

ISIN:
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

11,422,974 

10.97%


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 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, L.L.C.

15. Contact telephone number:


+1 312 506 6403 



This information is provided by RNS
The company news service from the London Stock Exchange
 
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