RNS Number : 9205R

LSL Property Services PLC

02 July 2020

 1. Identity of the issuer or the underlying                        LSL PROPERTY SERVICES PLC 
  of existing shares to which voting rights 
  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 similar economic 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------------------  -------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------------------------  -------- 
 Other (please 
------------------  ---------------------------------------------------------------  -------- 
 3. Full name of person(s) subject                             RUSSELL INVESTMENTS GROUP, LTD 
  to the 
  notification obligation: (iii) 
 4. Full name of shareholder(s)                  STATE STREET BANK & TRUST CO. (as custodian) 
  (if different from 3.):(iv) 
 5. Date of the transaction and                        1 November 2019 (please see additional 
  date on                                                                  information below) 
  which the threshold is crossed 
  reached: (v) 
 6. Date on which issuer notified:                                                2 July 2020 
 7. Threshold(s) that is/are crossed                           Holding has decreased to 0.95% 
  reached: (vi, vii) 
 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 
 the ISIN 
               ---------------------------------------  ---------------------------------------------------------------- 
                Number            Number                 Number     Number of voting        % of voting rights 
                 of                of                    of          rights                  (x) 
                 Shares            Voting                shares 
               ----------------  ---------------------  ---------  ----------------------  ----------------------------- 
                                                         Direct     Direct       Indirect   Direct         Indirect 
                                                                     (xi)         (xii) 
                 -----  -------  -----  ------    ----  ---------  -----------  ---------  -------------  -------------- 
                See additional       See additional 
                  information          information 
 GB00B1G5HX72        below                below             0           0        993,270         0             0.95% 
               ----------------  ---------------------  ---------  -----------  ---------  -------------  -------------- 
 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          Exercise        Expiration       Exercise/        Number of voting            % of voting 
 financial         price           date (xvii)      Conversion       rights instrument           rights (xix, 
 instrument                                         period           refers to                   xx) 
                 --------------  ---------------  ---------------  --------------------------  ------------------------- 
 N/A                                                                                            Nominal       Delta 
                 --------------  ---------------  ---------------  --------------------------  ------------  ----------- 
 Total (A+B+C) 
 Number of voting rights                                          Percentage of voting rights 
 993,270                                                          0.95% 
 9. Chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held, if applicable: (xxi) 
                                                                                          RUSSELL INVESTMENTS GROUP, LTD 
 Proxy Voting: 
 10. Name of the proxy holder:                                                                          Glass Lewis & Co 
 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:                     The shares in section 8 of this disclosure 
                                                  are common stock to which voting rights are 
                                                  attached and are held in portfolios and funds 
                                                  managed on a discretionary basis by entities 
                                                  within Russell Investments Group, Ltd. 
                                                  Following the disclosure made on 21 May 2018, 
                                                  subsequent disclosures were inadvertently 
                                                  not made when the shares held either fell 
                                                  below or exceeded the reporting threshold 
                                                  of 5%: 
                                                  1 November 2019 (fell below): 
                                                  Number of voting rights: 4,455,222; Percentage 
                                                  of voting rights: 4.28% 
                                                  22 November 2019 (exceed): 
                                                  Number of voting rights: 6,136,280; Percentage 
                                                  of voting rights: 5.89% 
                                                  13 April 2020 (fell below) 
                                                  Number of voting rights: 2,976,087; Percentage 
                                                  of voting rights: 2.86% 
                                                  This oversight was due to human error. Procedures 
                                                  and processes have now been put in place to 
                                                  ensure that this oversight will not occur 
 14. Contact name:                                                                 Mark Smith, Director, EMEA Compliance 
 15. Contact telephone number:                                                                          +44 20 7024 6384 

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July 03, 2020 02:00 ET (06:00 GMT)