Categories: 2011
      Date: Jan  5, 2011
     Title: Sheffield - Notification of Major Interests in Shares

LSL Property Services

05 January 2011

TR-1: NOTIFICATIONS OF MAJOR INTERESTS 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 notification (yes/no):

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 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 transaction (and date on which the threshold is crossed or reached if different):

 

01/04/11

6. Date on which issuer notified:

01/05/11

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

Passed the 6% thresholds 

8: Notified Details

A: Voting rights attached to shares 

Class/type of shares  If possible use ISIN code	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares	Number of voting rights	Number of shares	Number of voting rights		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
Ordinary	6,700,620	6,700,620	5,898,331	5,898,331		5.66

 

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights

C: Financial Instruments wth 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 Percentage of voting rights           Nominal Delta   Total (A+B+C)
Number of voting rights	Percentage of voting rights
5,898,331	5.66%

 

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: Sheffield Asset Management LLC 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 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:

AMY ROSENOW

CEO Sheffield Asset Management LLC

15. Contact telephone name:

+1 312 506 6403

This information is provided by RNS

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