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:



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