Holding(s) in Company

RNS Number : 7859H

Pearson PLC

19 November 2018

 

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			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						X
An acquisition or disposal of financial instruments						X
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name			The Goldman Sachs Group, Inc.
City and country of registered office (if applicable)			Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA
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:			14/11/2018
6. Date on which issuer notified (DD/MM/YYYY):			16/11/2018
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	0.57%	5.92%		6.48%	781,067,196
Position of previous notification (if applicable)	0.57%	2.20%		2.77%

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				4,073,839					0.52%
US7050151056				355,084					0.05%
SUBTOTAL 8. A		4,428,923					0.57%
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 datex	Exercise/ Conversion Periodxi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
Securities Lending		Open				16,672,181			2.13%
Put Option		15-Feb-2019				1,000,000			0.13%
Call Option		21-Dec-2018				400,000			0.05%
			SUBTOTAL 8. B 1			18,072,181			2.31%
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 Period xi		Physical or cash settlementxii			Number of voting rights	% of voting rights
Refer to the Annexure
					SUBTOTAL 8.B.2			28,132,796	3.60%

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 entityxiv (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		3.71%	3.73%
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: [e-mail]

Place of completion	London, UK
Date of completion	16/11/2018

Natalie White

Deputy Company Secretary

19 November 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	2,067,467	0.26%
Swap	7-May-2019			Cash	1,876,758	0.24%
CFD	20-Oct-2027			Cash	1,505,835	0.19%
CFD	15-Sep-2028			Cash	1,470,000	0.19%
Swap	28-Jul-2021			Cash	1,096,212	0.14%
Swap	28-Jul-2021			Cash	757,148	0.10%
CFD	9-Sep-2021			Cash	711,542	0.09%
Swap	21-May-2019			Cash	601,165	0.08%
Call Option	9-Jan-2019			Cash	426,278	0.05%
Swap	12-Oct-2023			Cash	397,330	0.05%
CFD	20-Oct-2027			Cash	384,473	0.05%
CFD	20-Oct-2027			Cash	384,147	0.05%
CFD	15-Nov-2028			Cash	368,890	0.05%
Swap	7-May-2019			Cash	360,243	0.05%
CFD	21-Jun-2028			Cash	331,108	0.04%
CFD	15-Jul-2021			Cash	328,703	0.04%
CFD	16-Jun-2028			Cash	328,703	0.04%
Call Option	15-Jan-2019			Cash	304,762	0.04%
Swap	7-May-2019			Cash	274,507	0.04%
CFD	17-Jul-2020			Cash	272,685	0.03%
CFD	24-Mar-2028			Cash	259,000	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	246,251	0.03%
Call Option	11-Jan-2019			Cash	232,588	0.03%
CFD	27-Oct-2027			Cash	232,102	0.03%
CFD	27-Sep-2028			Cash	217,594	0.03%
CFD	9-Sep-2021			Cash	208,879	0.03%
CFD	23-Aug-2028			Cash	204,000	0.03%
Swap	28-Jul-2021			Cash	203,317	0.03%
Swap	2-Feb-2023			Cash	198,606	0.03%
Swap	28-Jul-2021			Cash	170,231	0.02%
CFD	12-Jul-2023			Cash	158,153	0.02%
CFD	12-Jun-2028			Cash	156,757	0.02%
Swap	28-Jul-2021			Cash	131,070	0.02%
Swap	7-May-2019			Cash	128,958	0.02%
CFD	25-Apr-2019			Cash	124,313	0.02%
CFD	25-Feb-2027			Cash	122,707	0.02%
CFD	20-Oct-2021			Cash	122,500	0.02%
Swap	17-Sep-2020			Cash	120,551	0.02%
Swap	5-Sep-2019			Cash	120,300	0.02%
Swap	3-Feb-2023			Cash	117,797	0.02%
CFD	15-Nov-2028			Cash	116,110	0.01%
Swap	13-Oct-2023			Cash	113,548	0.01%
Swap	22-Mar-2019			Cash	113,300	0.01%
Call Option	8-Feb-2019			Cash	104,475	0.01%
CFD	17-Jul-2028			Cash	103,200	0.01%
CFD	10-Mar-2028			Cash	96,275	0.01%
Swap	2-Feb-2023			Cash	93,281	0.01%
CFD	1-Mar-2028			Cash	92,210	0.01%
Swap	14-Jun-2023			Cash	86,565	0.01%
Swap	12-Jul-2023			Cash	84,590	0.01%
CFD	26-Nov-2021			Cash	80,948	0.01%
CFD	11-Aug-2023			Cash	77,077	0.01%
Swap	7-May-2019			Cash	74,747	0.01%
Swap	7-Jul-2023			Cash	73,094	0.01%
Swap	5-Sep-2019			Cash	72,000	0.01%
CFD	25-Apr-2019			Cash	69,385	0.01%
Swap	3-Feb-2023			Cash	68,758	0.01%
CFD	5-Nov-2027			Cash	64,825	0.01%
CFD	10-Jul-2019			Cash	63,409	0.01%
Swap	7-May-2019			Cash	59,699	0.01%
Swap	15-Jun-2023			Cash	57,709	0.01%
CFD	1-Mar-2028			Cash	56,462	0.01%
Swap	5-Sep-2019			Cash	55,700	0.01%
CFD	17-Jul-2028			Cash	55,000	0.01%
Swap	2-Feb-2023			Cash	54,448	0.01%
CFD	14-Jan-2021			Cash	51,561	0.01%
CFD	25-Apr-2019			Cash	50,000	0.01%
CFD	27-Feb-2023			Cash	48,957	0.01%
CFD	27-Feb-2023			Cash	45,370	0.01%
Swap	1-Feb-2023			Cash	43,214	0.01%
CFD	14-Jan-2021			Cash	42,705	0.01%
Swap	21-Nov-2018			Cash	42,200	0.01%
CFD	25-Apr-2019			Cash	41,002	0.01%
Swap	14-Jun-2023			Cash	40,052	0.01%
CFD	17-Jul-2023			Cash	39,200	0.01%
CFD	10-Mar-2028			Cash	39,167	0.01%
Swap	12-Jul-2023			Cash	37,897	0.005%
CFD	27-Feb-2023			Cash	34,255	0.004%
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	25-Feb-2027			Cash	29,702	0.004%
CFD	25-Apr-2019			Cash	29,469	0.004%
CFD	30-Oct-2028			Cash	28,773	0.004%
Swap	15-Jun-2023			Cash	26,702	0.003%
CFD	1-Nov-2028			Cash	26,197	0.003%
CFD	13-Sep-2028			Cash	26,000	0.003%
CFD	6-Jul-2023			Cash	25,488	0.003%
CFD	1-Nov-2028			Cash	25,474	0.003%
CFD	25-Apr-2019			Cash	24,541	0.003%
CFD	26-Nov-2021			Cash	24,179	0.003%
Swap	14-Jun-2023			Cash	23,383	0.003%
Swap	12-Jul-2023			Cash	22,173	0.003%
CFD	25-Sep-2028			Cash	21,600	0.003%
CFD	21-Jan-2028			Cash	21,063	0.003%
CFD	17-Jul-2023			Cash	20,900	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%
CFD	27-Feb-2023			Cash	17,135	0.002%
Swap	7-May-2019			Cash	16,302	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%
Swap	15-Jun-2023			Cash	15,589	0.002%
Call Option	19-Nov-2018			Cash	15,245	0.002%
CFD	11-Nov-2020			Cash	15,090	0.002%
CFD	21-Jul-2028			Cash	15,000	0.002%
CFD	18-Sep-2019			Cash	15,000	0.002%
CFD	19-Oct-2028			Cash	15,000	0.002%
Swap	28-Nov-2018			Cash	14,300	0.002%
Swap	17-Sep-2020			Cash	14,153	0.002%
Swap	12-Jun-2023			Cash	13,985	0.002%
Swap	3-Nov-2021			Cash	12,609	0.002%
Swap	22-May-2020			Cash	12,597	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%
CFD	28-Oct-2020			Cash	10,812	0.001%
Swap	5-Sep-2019			Cash	10,800	0.001%
Swap	6-Feb-2019			Cash	10,500	0.001%
CFD	21-Oct-2021			Cash	9,890	0.001%
Swap	12-Oct-2023			Cash	8,622	0.001%
Swap	12-Jun-2023			Cash	8,165	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%
Swap	22-May-2020			Cash	6,153	0.001%
CFD	25-Oct-2028			Cash	6,057	0.001%
CFD	18-Nov-2019			Cash	5,610	0.001%
CFD	27-Jan-2028			Cash	5,441	0.001%
CFD	15-Dec-2027			Cash	5,000	0.001%
CFD	8-Mar-2028			Cash	5,000	0.001%
CFD	12-May-2028			Cash	5,000	0.001%
CFD	3-Nov-2028			Cash	4,984	0.001%
Swap	22-May-2020			Cash	4,774	0.001%
CFD	27-Oct-2028			Cash	4,511	0.001%
Swap	22-May-2020			Cash	3,941	0.001%
Swap	5-Sep-2019			Cash	3,900	0.0005%
Swap	3-Nov-2021			Cash	3,634	0.0005%
CFD	25-Apr-2019			Cash	3,060	0.0004%
Swap	22-May-2020			Cash	3,050	0.0004%
CFD	2-Nov-2028			Cash	2,900	0.0004%
Swap	22-May-2020			Cash	2,857	0.0004%
Call Option	20-Nov-2018			Cash	2,565	0.0003%
Swap	3-Nov-2021			Cash	2,556	0.0003%
CFD	29-Sep-2028			Cash	2,500	0.0003%
Call Option	21-Nov-2018			Cash	2,478	0.0003%
CFD	28-Oct-2020			Cash	2,350	0.0003%
CFD	28-Oct-2020			Cash	2,350	0.0003%
Swap	3-Nov-2021			Cash	2,214	0.0003%
CFD	18-Nov-2019			Cash	1,938	0.0002%
Swap	22-May-2020			Cash	1,768	0.0002%
CFD	26-Oct-2028			Cash	1,547	0.0002%
CFD	27-Jan-2028			Cash	1,367	0.0002%
CFD	16-Nov-2028			Cash	1,259	0.0002%
CFD	27-Jan-2028			Cash	1,237	0.0002%
CFD	15-Nov-2028			Cash	1,100	0.0001%
CFD	18-Sep-2028			Cash	907	0.0001%
CFD	27-Jan-2028			Cash	569	0.0001%
Swap	22-May-2020			Cash	461	0.0001%
Swap	22-May-2020			Cash	419	0.0001%
CFD	8-Nov-2028			Cash	400	0.0001%
Swap	22-May-2020			Cash	329	0.00004%
Swap	22-May-2020			Cash	323	0.00004%
CFD	9-Nov-2028			Cash	300	0.00004%
CFD	10-Nov-2028			Cash	300	0.00004%
CFD	15-Nov-2028			Cash	300	0.00004%
CFD	27-Sep-2028			Cash	200	0.00003%
CFD	27-Sep-2028			Cash	123	0.00002%
CFD	5-Oct-2028			Cash	122	0.00002%
CFD	27-Sep-2028			Cash	90	0.00001%
CFD	6-Oct-2028			Cash	82	0.00001%
CFD	2-Oct-2028			Cash	61	0.00001%
CFD	23-Oct-2028			Cash	19	0.000002%
Total Number of voting rights and percentage of voting rights					28,132,796	3.60%
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.

 

END

 

 

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