Source - RNS
RNS Number : 1269K
LSL Property Services
16 September 2016
 

16 September 2016

 

LSL Property Services plc

 

Holdings in Zoopla Property Group PLC

 

 

LSL Property Services plc ("LSL") announces that it has sold in aggregate 7,780,000 ordinary shares in Zoopla Property Group PLC ("Zoopla") at an average price of £3.20 between the period from 20th July 2016 to 16th September 2016. 

 

Following the disposal, LSL holds 3,533,786 of Zoopla's ordinary shares, representing 0.8% of Zoopla's ordinary share capital.

 

The proceeds of the disposal will be used to reduce corporate indebtedness and for other general corporate purposes.

 

This announcement is made in accordance with Listing Rule 10.4.1.

For further information contact:

Ian Crabb, Group Chief Executive Officer                       


Adam Castleton, Group Finance Director


LSL Property Services plc                                                                                                  

0207 382 0360

 

Notes on LSL:

LSL is a leading provider of residential property services to its key customer groups.  Services to consumers include: residential sales, lettings, surveying, conveyancing and advice on mortgages and non-investment insurance products. Services to mortgage lenders include: valuations and panel management services, asset management and property management services. For further information, please visit LSL's website: www.lslps.co.uk

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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