Lsl Prop Regulatory News (LSL)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

LSL PROPERTY SERVICES PLC

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 specify):

3. Full name of person(s) subject to thenotification obligation: iii

RUSSELL INVESTMENTS GROUP, LTD

4. Full name of shareholder(s) (if different from 3.):iv

STATE STREET BANK & TRUST CO. (as custodian)

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

1 November 2019 (please see additional information below)

6. Date on which issuer notified:

2 July 2020

7. Threshold(s) that is/are crossed orreached: vi, vii

Holding has decreased to 0.95%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

See additional information below

See additional information below

0

0

993,270

0

0.95%

GB00B1G5HX72

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, 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 thefinancial 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 ceaseto hold:

12. Date on which proxy holder will cease to holdvoting 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 again

14. Contact name:

Mark Smith, Director, EMEA Compliance

15. Contact telephone number:

+44 20 7024 6384