26th Nov 2015 13:10
NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: | 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.
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
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An event changing the breakdown of voting rights | ||||
Other (please specify):
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3. Full name of person(s) subject to thenotification obligation: | Schroders plc. | |||
4. Full name of shareholder(s) (if different from 3.): | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached:
| 24 November 2015 | |||
6. Date on which issuer notified: | 25 November 2015 | |||
7. Threshold(s) that is/are crossed orreached:
| Above 5% | |||
8. Notified details:
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A: Voting rights attached to shares | |||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||
NumberofShares | NumberofVotingRights |
Numberof shares | Number of votingrights | % 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 financialinstrument |
Expirationdate |
Exercise/Conversion Period | Number of votingrights that may beacquired if theinstrument isexercised/ converted. |
% of votingrights | |||||||||||
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 financialinstrument
|
Exercise price |
Expiration date |
Exercise/Conversion period |
Number of voting rights instrument refers to
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% of voting rights
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CFD | N/A | N/A | N/A | N/A | Nominal | Delta | |||||||||
N/A | N/A | ||||||||||||||
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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 thefinancial 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 ceaseto hold: | N/A | ||||||||||||||
12. Date on which proxy holder will cease to holdvoting 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
Related Shares:
Pearson