LSL Property Services Holding(s) in Company (3960G)

TIDMLSL

RNS Number : 3960G

LSL Property Services

05 November 2018

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 
 
 1. Identity of the issuer or the underlying                       LSL Property Services plc. 
  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                                               Yes 
--------------------------------------------------------------------  -------------------------------------------- 
 An acquisition or disposal of qualifying financial instruments                            No 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
--------------------------------------------------------------------  -------------------------------------------- 
 An acquisition or disposal of instruments with similar economic                           No 
  effect to qualifying financial instruments 
--------------------------------------------------------------------  -------------------------------------------- 
 An event changing the breakdown of voting rights                                          No 
--------------------------------------------------------------------  -------------------------------------------- 
 Other (please                                                                             No 
  specify): 
---------------------------------------------------------------  ---  -------------------------------------------- 
 3. Full name of person(s) subject                                 Kinney Asset Management, LLC 
  to the 
  notification obligation: (iii) 
                                                                  ------------------------------------------------ 
 4. Full name of shareholder(s)                                    Various clients of Kinney Asset Management, 
  (if different from 3.):(iv)                                       LLC 
                                                                  ------------------------------------------------ 
 5. Date of the transaction and date                               October 31, 2018 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
                                                                  ------------------------------------------------ 
 6. Date on which issuer notified:                                 November 1, 2018 
                                                                  ------------------------------------------------ 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                               7% 
                                                                  ------------------------------------------------ 
 
 
 
 8. Notified details: 
 A: Voting rights attached to shares (viii, ix) 
 Class/type          Situation previous                Resulting situation after the triggering 
  of                  to the triggering                 transaction 
  shares              transaction 
 
  if possible 
  using 
  the ISIN CODE 
                    --------------------------------  ----------------------------------------------------------------- 
                     Number           Number           Number         Number of voting       % of voting rights 
                      of               of               of shares      rights                 (x) 
                      Shares           Voting 
                                       Rights 
                    ---------------  ---------------  -------------  ---------------------  --------------------------- 
                                                       Direct         Direct     Indirect    Direct        Indirect 
                                                                      (xi)        (xii) 
                        -----------    -----------    -------------  ---------  ----------  ------------  ------------- 
 
 ISIN:GB00B1G5HX72   6,998,513        6,998,513                                  7,298,513                    7.01% 
                    ---------------  ---------------  -------------  ---------  ----------  ------------  ------------- 
 
 B: Qualifying Financial Instruments 
 Resulting situation after the triggering transaction 
 Type of financial       Expiration     Exercise/                       Number of voting         % of voting 
  instrument              date (xiii)    Conversion Period               rights that may          rights 
                                         (xiv)                           be 
                                                                         acquired if the 
                                                                         instrument is 
                                                                         exercised/ converted. 
                        -------------  ------------------------------  -----------------------  ----------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
 Resulting situation after the triggering transaction 
 Type of financial     Exercise       Expiration     Exercise/        Number of voting         % of voting rights 
  instrument            price         date (xvii)    Conversion        rights instrument        (xix, xx) 
                                                     period            refers to 
                                                     (xviii) 
                      -------------  -------------  ---------------  -----------------------  ------------------------- 
                                                                                               Nominal       Delta 
                      -------------  -------------  ---------------  -----------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
 Number of voting rights                                 Percentage of voting rights 
                                                        --------------------------------------------------------------- 
                       7,298,513                                                     7.01% 
                                                        --------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
 
   See Schedule 
 
 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:                                                             Brent Batts 
                                                                              ------------- 
 15. Contact telephone number:                                                 312-548-8422 
                                                                              ------------- 
 
 

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November 05, 2018 11:10 ET (16:10 GMT)