Holding(s) in Company

RNS Number : 0952H
Pearson PLC
26 November 2015
 

NOTIFICATION OF MAJOR INTEREST IN SHARES



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:

Pearson 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 the
notification obligation:

Schroders plc.

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


 

5. Date of the transaction and date on
which the threshold is crossed or
reached:

 

24 November 2015

6. Date on which issuer notified:

25 November 2015

7. Threshold(s) that is/are crossed or
reached:

 

Above 5%



 

8. Notified details:

 

A: Voting rights attached to shares

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

 

Number
of shares

Number of voting
rights

% of  voting rights

Direct

Indirect

Direct

Indirect

Ordinary shares

GB0006776081

Below 5%

Below 5%

43,354,783

N/A

42,272,781

N/A

5.149%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

 

Expiration
date

 

Exercise/
Conversion Period

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

 

% of voting
rights

N/A

N/A

N/A

N/A

N/A


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

 

 

Exercise price

 

Expiration date

 

Exercise/
Conversion period

 

Number of voting rights instrument refers to

 

 

% of voting rights

 

CFD

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

42,272,781

5.149%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Schroder & Co. Limited                                         2,447,017                  0.298%

 

Schroders (C.I.) Limited                                        200,172                     0.024%  

 

Schroder Investment Management Limited          39,625,592                4.826% 


Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease
to hold:

N/A

12. Date on which proxy holder will cease to hold
voting rights:

N/A


 


13. Additional information:

The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. This disclosure has been calculated based on issue share capital amount 821,062,449

14. Contact name:

Chloe Talbot

15. Contact telephone number:

+44 207 658 6000

 

 

Natalie Dale

Assistant Company Secretary

Pearson plc

 

26 November 2015


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