Holding(s) in Company

RNS Number : 7031K
Pearson PLC
23 April 2020
 

TR-1: S tandard 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 attached ii :

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


An event changing the breakdown of voting rights


Other (please specify)iii: Type 1 & Type 3 disclosure as per the Transparency Directive II regulation 

X

3. Details of person subject to the notification obligation iv

Name

Schroders plc

City and country of registered office (if applicable)

London, UK

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

Name


City and country of registered office (if applicable)


5. Date on which the threshold was crossed or reached vi :

22.04.2020

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

23.04.2020

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

issuer vii

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

11.445%

0.003%

11.448%

752,404,738

Position of previous notification (if

applicable)

11.939%

0.003%

11.941%


 

 

 

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

 

A: Voting rights attached to shares

 

Class/type of
shares

ISIN code (if possible)

Number of voting rights ix

% 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


86,113,277


11.445%

 






 






 

SUBTOTAL 8. A

86,113,277

11.445%

 

 

 

 

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

 






 






 






 






 

 

 

 

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

settlement xii

Number of voting rights

% of voting rights

 

CFD

N/A

N/A

CASH

18,826

0.003%

 







 







 




SUBTOTAL 8.B.2

18,826

0.003%

 

 

 

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) issuer xiii


 

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

 

Name xv

% 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

 

Schroders plc




 

Schroder Administration Limited




 

Schroder Wealth Holdings Limited




 

Schroder & Co. Limited




 





 

Schroders plc




 

Schroder Administration Limited




 

Schroder Wealth Holdings Limited




 

Schroders (C.I.) Limited




 





 

Schroders plc




 

Schroder Administration Limited




 

Schroder International Holdings Limited




 

Schroder Investment Management Limited

10.962%


10.965%

 





 

Schroders plc




 

Schroder Administration Limited




 

Schroder International Holdings Limited




 

Schroder Investment Management (Switzerland) AG




 


 

10. In case of proxy voting, please identify:

 

Name of the proxy holder


 

The number and % of voting rights held


 

The date until which the voting rights will be held


 


 

11. Additional information xvi

 

This disclosure is being made due to a legal entity, Schroder Investment Management Limited, crossing below the 11% threshold

 

 

Place of completion

London

Date of completion

23.04.2020

 

 

Natalie White

Deputy Company Secretary

Pearson plc

 

23 April 2020

 


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