LSL Property Services plc

("LSL" or "the Group")

Non Executive Appointment

LSL Property Services plc announces the appointment of Michael Stoop to the Board of LSL as a Non Executive Director with immediate effect.  

Michael brings to LSL significant experience in estate agency and franchising which he has gained from his roles at Winkworth, Legal & General, and Belvoir Group plc. Michael is currently an Industry Board Member of The Property Ombudsman, where he also chairs the Finance & Performance Committee. He is also a Fellow of the Royal Institution of Chartered Surveyors, and a Fellow of the National Association of Estate Agents.

Adrian Collins, Chairman of LSL, commented:

"I am delighted to welcome Michael Stoop to the board of LSL as a new Independent Non Executive Director. Michael brings a wealth of knowledge and a proven track record of success in the estate agency franchise market. His deep understanding of latest market trends, and keen eye for identifying lucrative opportunities, will prove invaluable as we implement our exciting plans for growth in this sector."

No information is required to be disclosed pursuant to paragraph 9.6.13 of the Listing Rules of the Financial Conduct Authority.

Notes on LSL

LSL is one of the largest providers of services to mortgage intermediaries and estate agent franchisees.

Its c.2,900 advisers represent around 11% of the total purchase and remortgage market.

Its 61 estate agency franchisees operate in 308 territories.

LSL is also one of the UK's largest providers of surveying and valuation services, supplying seven out of the ten largest lenders in the UK.

For further information please visit LSL's website: lslps.co.uk