LSL Property Services Holding(s) in Company (4812Z)

TIDMLSL

RNS Number : 4812Z

LSL Property Services

19 May 2019

 
 
 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           May 15, 2019 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
                                              ------------------------------------------------ 
 6. Date on which issuer notified:             May 17, 2019 
                                              ------------------------------------------------ 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                           8% 
                                              ------------------------------------------------ 
 
 
 
 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          rights                  (x) 
                      Shares          Voting              shares 
                                      Rights 
                    --------------  -------------------  ---------  ----------------------  ----------------------------- 
                                                          Direct     Direct      Indirect    Direct         Indirect 
                                                                      (xi)        (xii) 
                      ---  -------  ------  -----  ----  ---------  ----------  ----------  -------------  -------------- 
 
 ISIN:GB00B1G5HX72   8,180,657       8,180,657                                   8,430,657                      8.09% 
                    --------------  -------------------  ---------  ----------  ----------  -------------  -------------- 
 
 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 
                                                                  ------------------------------------------------------- 
                            8,430,657                                                      8.09% 
                                                                  ------------------------------------------------------- 
 
 
 
 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 
                                          -------------------------------------- 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

HOLUKSBRKKAVAAR

(END) Dow Jones Newswires

May 20, 2019 02:00 ET (06:00 GMT)