LSL Property Services Holding(s) in Company (8516B)
April 06 2017 - 11:39AM
UK Regulatory
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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