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Holding(s) in Company

26th Nov 2015 13:10

RNS Number : 0952H
Pearson PLC
26 November 2015
 

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.

 

 

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 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:

 

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

 

 

% 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 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

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