Holding(s) in Company

RNS Number : 0370E
Pearson PLC
15 October 2018
 

TR-1: Standard form for notification of major holdings

 

 

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

Pearson plc

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer

 

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

 

An acquisition or disposal of financial instruments

 

An event changing the breakdown of voting rights

X

Other (please specify)iii: i. Type 1 Disclosure as per the Transparency Directive II Regulation

                                    

 

3. Details of person subject to the notification obligationiv

Name

City and country of registered office (if applicable)

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

Name

 Goldman Sachs International

City and country of registered office (if applicable)

Peterborough Court, 133 Fleet Street, London

EC4A 2BB, UK

5. Date on which the threshold was crossed or reachedvi:

10/10/2018

6. Date on which issuer notified (DD/MM/YYYY):

12/10/2018

7. Total positions of person(s) subject to the notification obligation

 

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

0.50%

6.19%

6.69%

781,064,746

Position of previous notification (if

applicable)

0.60%

5.47%

6.06%

 

             

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB0006776081

 

3,591,794

 

0.46%

 US7050151056

 

                301,885

 

         0.04%

 

 

 

 

 

SUBTOTAL 8. A

3,893,679

0.50%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

 

Securities Lending

Open

 

19,349,109

 2.48%

 

  Call Option

 21-Dec-2018

 

  400,000

 0.05%

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. B 1

19,749,109

 2.53%

 

 

 

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

 

Refer to the

Annexure

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8.B.2

28,622,117

3.66%

 

 

 

 

                       

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

 

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity
xiv (please add additional rows as necessary)

X

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

The Goldman Sachs Group, Inc.

 

 

 

Goldman Sachs (UK) L.L.C.

 

 

 

Goldman Sachs Group UK Limited

 

 

 

Goldman Sachs

International

 

3.64%

3.64%

 

 

 

 

The Goldman Sachs Group, Inc.

 

 

 

Goldman Sachs & Co. LLC

 

 

 

 

 

 

 

The Goldman Sachs Group, Inc.

 

 

 

GSAM Holdings LLC

 

 

 

Goldman Sachs Asset Management, L.P.

 

 

 

Goldman Sachs Asset Management International Holdings L.L.C.

 

 

 

Goldman Sachs Asset Management Co., Ltd.

 

 

 

 

 

 

 

The Goldman Sachs Group, Inc.

 

 

 

GSAM Holdings LLC

 

 

 

Goldman Sachs Asset Management, L.P.

 

 

 

 

 

 

 

 

10. In case of proxy voting, please identify:

Name of the proxy holder

N/A

The number and % of voting rights held

N/A

The date until which the voting rights will be held

N/A

 

11. Additional informationxvi

Please note, total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

 

General email contact:

gs-regops-emea-position-enquiries@gs.com

         

 

Place of completion

London, UK

Date of completion

12/10/2018

 

 

Natalie White

Deputy Company Secretary

Pearson plc

 

15 October 2018

 

 

 

 

 

 

Annexure

 

 

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

 

Type of financial instrument

Expiration datex

Exercise/Conversion periodxi

Physical or cash settlementxii

Number of voting rights

% of voting rights

 
 

CFD

10-Dec-2025

 

Cash

                              3,850,190

0.49%

 

CFD

23-Sep-2020

 

Cash

                              2,464,000

0.32%

 

CFD

10-Apr-2028

 

Cash

                              2,116,003

0.27%

 

Swap

7-May-2019

 

Cash

                              1,896,936

0.24%

 

CFD

15-Sep-2028

 

Cash

                              1,745,000

0.22%

 

CFD

20-Oct-2027

 

Cash

                              1,505,835

0.19%

 

Swap

28-Jul-2021

 

Cash

                              1,096,212

0.14%

 

CFD

9-Sep-2021

 

Cash

                                 820,388

0.11%

 

Swap

28-Jul-2021

 

Cash

                                 757,148

0.10%

 

Swap

21-May-2019

 

Cash

                                 622,194

0.08%

 

CFD

12-Oct-2028

 

Cash

                                 593,776

0.08%

 

CFD

29-Oct-2027

 

Cash

                                 525,035

0.07%

 

CFD

20-Oct-2027

 

Cash

                                 384,473

0.05%

 

CFD

20-Oct-2027

 

Cash

                                 384,147

0.05%

 

CFD

27-Oct-2027

 

Cash

                                 373,164

0.05%

 

Swap

7-May-2019

 

Cash

                                 344,973

0.04%

 

CFD

16-Jun-2028

 

Cash

                                 328,703

0.04%

 

CFD

15-Jul-2021

 

Cash

                                 328,703

0.04%

 

Swap

7-May-2019

 

Cash

                                 262,835

0.03%

 

CFD

19-May-2027

 

Cash

                                 253,415

0.03%

 

Swap

3-Feb-2023

 

Cash

                                 250,801

0.03%

 

CFD

10-Apr-2028

 

Cash

                                 249,676

0.03%

 

CFD

9-Sep-2021

 

Cash

                                 241,924

0.03%

 

CFD

24-Mar-2028

 

Cash

                                 219,000

0.03%

 

CFD

21-Jun-2028

 

Cash

                                 218,357

0.03%

 

CFD

27-Sep-2028

 

Cash

                                 217,594

0.03%

 

CFD

23-Aug-2028

 

Cash

                                 204,000

0.03%

 

Swap

28-Jul-2021

 

Cash

                                 203,317

0.03%

 

Swap

12-Oct-2023

 

Cash

                                 200,000

0.03%

 

Swap

2-Feb-2023

 

Cash

                                 198,606

0.03%

 

Swap

12-Oct-2023

 

Cash

                                 197,330

0.03%

 

Swap

17-Sep-2020

 

Cash

                                 189,942

0.02%

 

Swap

28-Jul-2021

 

Cash

                                 170,231

0.02%

 

CFD

12-Jun-2028

 

Cash

                                 156,757

0.02%

 

CFD

18-Sep-2028

 

Cash

                                 133,410

0.02%

 

CFD

20-Sep-2028

 

Cash

                                 132,450

0.02%

 

Swap

28-Jul-2021

 

Cash

                                 131,070

0.02%

 

CFD

22-Sep-2028

 

Cash

                                 128,710

0.02%

 

CFD

25-Apr-2019

 

Cash

                                 124,313

0.02%

 

CFD

25-Feb-2027

 

Cash

                                 122,707

0.02%

 

Swap

7-May-2019

 

Cash

                                 121,966

0.02%

 

Swap

5-Sep-2019

 

Cash

                                 120,300

0.02%

 

Swap

3-Feb-2023

 

Cash

                                 117,797

0.02%

 

CFD

25-Feb-2027

 

Cash

                                 117,407

0.02%

 

Swap

22-Mar-2019

 

Cash

                                 113,300

0.01%

 

CFD

5-Nov-2027

 

Cash

                                 111,297

0.01%

 

CFD

12-Jul-2023

 

Cash

                                 105,663

0.01%

 

CFD

17-Jul-2028

 

Cash

                                 103,200

0.01%

 

CFD

11-Aug-2028

 

Cash

                                 100,000

0.01%

 

Swap

2-Feb-2023

 

Cash

                                   93,281

0.01%

 

CFD

1-Mar-2028

 

Cash

                                   92,133

0.01%

 

Swap

14-Jun-2023

 

Cash

                                   86,565

0.01%

 

Swap

12-Jul-2023

 

Cash

                                   84,590

0.01%

 

CFD

11-Aug-2023

 

Cash

                                   79,619

0.01%

 

CFD

10-Mar-2028

 

Cash

                                   78,808

0.01%

 

CFD

15-Sep-2028

 

Cash

                                   73,785

0.01%

 

Swap

7-Jul-2023

 

Cash

                                   73,094

0.01%

 

Swap

5-Sep-2019

 

Cash

                                   72,000

0.01%

 

Swap

7-May-2019

 

Cash

                                   71,570

0.01%

 

CFD

25-Apr-2019

 

Cash

                                   69,385

0.01%

 

Swap

3-Feb-2023

 

Cash

                                   68,758

0.01%

 

CFD

10-Jul-2019

 

Cash

                                   63,409

0.01%

 

CFD

27-Sep-2028

 

Cash

                                   62,740

0.01%

 

Swap

15-Jun-2023

 

Cash

                                   57,709

0.01%

 

Swap

7-May-2019

 

Cash

                                   57,156

0.01%

 

Swap

5-Sep-2019

 

Cash

                                   55,700

0.01%

 

CFD

14-Jan-2021

 

Cash

                                   55,648

0.01%

 

CFD

17-Jul-2028

 

Cash

                                   55,000

0.01%

 

Swap

2-Feb-2023

 

Cash

                                   54,448

0.01%

 

CFD

21-Sep-2028

 

Cash

                                   50,000

0.01%

 

CFD

1-Sep-2028

 

Cash

                                   50,000

0.01%

 

CFD

25-Apr-2019

 

Cash

                                   50,000

0.01%

 

CFD

18-Sep-2028

 

Cash

                                   48,590

0.01%

 

CFD

20-Sep-2028

 

Cash

                                   48,250

0.01%

 

CFD

14-Jan-2021

 

Cash

                                   47,488

0.01%

 

CFD

22-Sep-2028

 

Cash

                                   46,890

0.01%

 

CFD

25-Feb-2027

 

Cash

                                   46,703

0.01%

 

CFD

18-Sep-2019

 

Cash

                                   43,473

0.01%

 

Swap

1-Feb-2023

 

Cash

                                   43,214

0.01%

 

Swap

21-Nov-2018

 

Cash

                                   42,200

0.01%

 

CFD

25-Apr-2019

 

Cash

                                   41,002

0.01%

 

CFD

17-Jul-2023

 

Cash

                                   40,500

0.01%

 

CFD

1-Mar-2028

 

Cash

                                   40,474

0.01%

 

CFD

14-Sep-2028

 

Cash

                                   40,055

0.01%

 

Swap

14-Jun-2023

 

Cash

                                   40,052

0.01%

 

Swap

12-Jul-2023

 

Cash

                                   37,897

0.005%

 

CFD

21-Jul-2028

 

Cash

                                   34,000

0.004%

 

Swap

7-Jul-2023

 

Cash

                                   32,746

0.004%

 

CFD

14-Jul-2023

 

Cash

                                   30,500

0.004%

 

Swap

12-Jun-2023

 

Cash

                                   30,225

0.004%

 

CFD

10-Mar-2028

 

Cash

                                   29,574

0.004%

 

CFD

27-Feb-2023

 

Cash

                                   29,498

0.004%

 

CFD

25-Apr-2019

 

Cash

                                   29,469

0.004%

 

CFD

22-Sep-2028

 

Cash

                                   27,275

0.003%

 

CFD

15-Sep-2028

 

Cash

                                   26,877

0.003%

 

Swap

15-Jun-2023

 

Cash

                                   26,702

0.003%

 

CFD

13-Sep-2028

 

Cash

                                   26,000

0.003%

 

CFD

6-Jul-2023

 

Cash

                                   25,488

0.003%

 

CFD

25-Apr-2019

 

Cash

                                   24,541

0.003%

 

CFD

17-Jul-2023

 

Cash

                                   23,600

0.003%

 

Swap

14-Jun-2023

 

Cash

                                   23,383

0.003%

 

CFD

27-Sep-2028

 

Cash

                                   22,860

0.003%

 

CFD

27-Feb-2023

 

Cash

                                   22,803

0.003%

 

Swap

17-Sep-2020

 

Cash

                                   22,452

0.003%

 

Swap

12-Jul-2023

 

Cash

                                   22,173

0.003%

 

CFD

25-Sep-2028

 

Cash

                                   20,756

0.003%

 

CFD

25-Sep-2028

 

Cash

                                   20,406

0.003%

 

Swap

1-Feb-2023

 

Cash

                                   20,297

0.003%

 

Swap

7-Jul-2023

 

Cash

                                   19,160

0.002%

 

Swap

5-Sep-2019

 

Cash

                                   18,900

0.002%

 

Swap

28-Mar-2019

 

Cash

                                   16,200

0.002%

 

Swap

22-May-2020

 

Cash

                                   16,129

0.002%

 

Swap

30-Apr-2019

 

Cash

                                   15,800

0.002%

 

Swap

22-May-2020

 

Cash

                                   15,796

0.002%

 

CFD

27-Feb-2023

 

Cash

                                   15,624

0.002%

 

Swap

15-Jun-2023

 

Cash

                                   15,589

0.002%

 

Swap

7-May-2019

 

Cash

                                   15,465

0.002%

 

CFD

21-Jul-2028

 

Cash

                                   15,000

0.002%

 

CFD

14-Sep-2028

 

Cash

                                   14,583

0.002%

 

Swap

28-Nov-2018

 

Cash

                                   14,300

0.002%

 

Swap

12-Jun-2023

 

Cash

                                   13,985

0.002%

 

CFD

25-Sep-2028

 

Cash

                                   13,930

0.002%

 

CFD

21-Jan-2028

 

Cash

                                   12,793

0.002%

 

Swap

3-Nov-2021

 

Cash

                                   12,609

0.002%

 

Swap

22-May-2020

 

Cash

                                   12,597

0.002%

 

CFD

11-Oct-2028

 

Cash

                                   12,078

0.002%

 

Swap

1-Feb-2023

 

Cash

                                   11,847

0.002%

 

CFD

26-Jun-2019

 

Cash

                                   11,475

0.001%

 

Swap

29-Nov-2018

 

Cash

                                   10,900

0.001%

 

Swap

5-Sep-2019

 

Cash

                                   10,800

0.001%

 

Swap

6-Feb-2019

 

Cash

                                   10,500

0.001%

 

CFD

31-Aug-2028

 

Cash

                                   10,187

0.001%

 

CFD

2-Oct-2019

 

Cash

                                     9,971

0.001%

 

CFD

27-Jan-2028

 

Cash

                                     9,649

0.001%

 

Swap

12-Oct-2023

 

Cash

                                     8,622

0.001%

 

Swap

12-Jun-2023

 

Cash

                                     8,165

0.001%

 

CFD

12-Jul-2028

 

Cash

                                     8,100

0.001%

 

CFD

5-Oct-2028

 

Cash

                                     7,978

0.001%

 

Swap

22-May-2020

 

Cash

                                     7,925

0.001%

 

CFD

25-Apr-2019

 

Cash

                                     7,650

0.001%

 

Swap

22-May-2020

 

Cash

                                     7,437

0.001%

 

Swap

22-May-2020

 

Cash

                                     6,834

0.001%

 

CFD

27-Sep-2028

 

Cash

                                     6,200

0.001%

 

Swap

22-May-2020

 

Cash

                                     6,153

0.001%

 

CFD

27-Sep-2028

 

Cash

                                     5,104

0.001%

 

CFD

15-Dec-2027

 

Cash

                                     5,000

0.001%

 

CFD

12-May-2028

 

Cash

                                     5,000

0.001%

 

CFD

8-Mar-2028

 

Cash

                                     5,000

0.001%

 

Call Option

2-Nov-2018

 

Cash

                                     4,920

0.001%

 

Call Option

31-Oct-2018

 

Cash

                                     4,779

0.001%

 

Swap

22-May-2020

 

Cash

                                     4,774

0.001%

 

CFD

6-Sep-2028

 

Cash

                                     4,764

0.001%

 

Call Option

20-Nov-2018

 

Cash

                                     4,049

0.001%

 

Swap

22-May-2020

 

Cash

                                     3,941

0.001%

 

Swap

5-Sep-2019

 

Cash

                                     3,900

0.0005%

 

CFD

11-Oct-2028

 

Cash

                                     3,757

0.0005%

 

Swap

3-Nov-2021

 

Cash

                                     3,634

0.0005%

 

Call Option

21-Nov-2018

 

Cash

                                     3,602

0.0005%

 

CFD

25-Apr-2019

 

Cash

                                     3,060

0.0004%

 

Swap

22-May-2020

 

Cash

                                     3,050

0.0004%

 

Swap

22-May-2020

 

Cash

                                     2,857

0.0004%

 

CFD

27-Sep-2028

 

Cash

                                     2,723

0.0003%

 

Swap

3-Nov-2021

 

Cash

                                     2,556

0.0003%

 

CFD

29-Sep-2028

 

Cash

                                     2,500

0.0003%

 

CFD

27-Jan-2028

 

Cash

                                     2,248

0.0003%

 

CFD

27-Jan-2028

 

Cash

                                     2,247

0.0003%

 

Swap

3-Nov-2021

 

Cash

                                     2,214

0.0003%

 

CFD

27-Sep-2028

 

Cash

                                     2,000

0.0003%

 

CFD

27-Sep-2028

 

Cash

                                     1,900

0.0002%

 

Swap

22-May-2020

 

Cash

                                     1,768

0.0002%

 

CFD

6-Sep-2028

 

Cash

                                     1,700

0.0002%

 

CFD

11-Aug-2023

 

Cash

                                     1,574

0.0002%

 

CFD

18-Sep-2028

 

Cash

                                     1,049

0.0001%

 

CFD

27-Jan-2028

 

Cash

                                         961

0.0001%

 

CFD

7-Sep-2028

 

Cash

                                         800

0.0001%

 

CFD

21-Sep-2028

 

Cash

                                         600

0.0001%

 

CFD

14-Sep-2028

 

Cash

                                         579

0.0001%

 

CFD

31-Aug-2028

 

Cash

                                         545

0.0001%

 

Swap

22-May-2020

 

Cash

                                         461

0.0001%

 

CFD

8-Sep-2028

 

Cash

                                         437

0.0001%

 

Swap

22-May-2020

 

Cash

                                         419

0.0001%

 

CFD

11-Oct-2028

 

Cash

                                         400

0.0001%

 

CFD

28-Sep-2028

 

Cash

                                         396

0.0001%

 

Swap

22-May-2020

 

Cash

                                         329

0.00004%

 

Swap

22-May-2020

 

Cash

                                         323

0.00004%

 

CFD

29-Sep-2028

 

Cash

                                         196

0.00003%

 

CFD

8-Sep-2028

 

Cash

                                         128

0.00002%

 

CFD

27-Sep-2028

 

Cash

                                         123

0.00002%

 

CFD

5-Oct-2028

 

Cash

                                         122

0.00002%

 

CFD

4-Oct-2028

 

Cash

                                         100

0.00001%

 

CFD

2-Oct-2028

 

Cash

                                         100

0.00001%

 

CFD

14-Sep-2028

 

Cash

                                         100

0.00001%

 

CFD

13-Sep-2028

 

Cash

                                         100

0.00001%

 

CFD

27-Sep-2028

 

Cash

                                           90

0.00001%

 

CFD

6-Oct-2028

 

Cash

                                           82

0.00001%

 

CFD

2-Oct-2028

 

Cash

                                           61

0.00001%

 

Total Number of voting rights and percentage of voting rights

                           28,622,117

3.66%

 
                 

 

 

 

Additional information: Please note, total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

 


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