LSL Property Services Holdings in Zoopla Property Group PLC (9064N)
October 31 2016 - 11:33AM
UK Regulatory
TIDMLSL
RNS Number : 9064N
LSL Property Services
31 October 2016
LSL Property Services plc
Holdings in Zoopla Property Group PLC
Further to the announcement made on 16(th) September 2016, LSL
Property Services plc ("LSL") announces that it has sold, in
aggregate, a further 3,533,786 ordinary shares in Zoopla Property
Group PLC ("Zoopla") at an average price of GBP3.17 between the
period from 19(th) September 2016 to 31(st) October 2016.
Following the disposal, LSL no longer holds any ordinary shares
in Zoopla.
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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October 31, 2016 12:33 ET (16:33 GMT)