Pearson PLC — Regulatory Filings 2019

Sep 13, 2019

6-K 1 a3267m.htm HOLDING(S) IN COMPANY Document created using Blueprint(R) - powered by Issuer Direct - www.issuerdirect.com Copyright 2019 Issuer Direct Corporation Blueprint

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2019

PEARSON plc

(Exact name of registrant as specified in its charter)

N/A

(Translation of registrant's name into English)

80 Strand

London, England WC2R 0RL

44-20-7010-2000

(Address of principal executive office)

Indicate by check mark whether the Registrant files or will file annual reports

under cover of Form 20-F or Form 40-F:

Form 20-F X Form 40-F

Indicate by check mark whether the Registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934

Yes No X

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 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 | | | | |
| 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
obligation iv | | | | |
| 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) | | Plumtree Court, 25 Shoe Lane, London EC4A 4AU,UK | | |
| 5. Date on which the threshold was crossed or
reached vi : | | 10/09/2019 | | |
| 6. Date on which issuer notified (DD/MM/YYYY): | | 12/09/2019 | | |
| 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 | 0.57% | 7.09% | 7.65% | 782,014,981 |
| Position of previous notification (if applicable) | 0.53% | 7.13% | 7.66% | |

| 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 ofshares 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 | | 3,918,334 | | | 0.50% |
| US7050151056 | | 505,486 | | | 0.06% |
| SUBTOTAL 8. A | 4,423,820 | | 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 | Expirationdate 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 | | 8,937,277 | | 1.14% |
| Put option | 20/09/2019 | | 1,000,000 | | 0.13% |
| | | SUBTOTAL 8. B 1 | 9,937,277 | | 1.27% |
| 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 | Expirationdate x | Exercise/Conversion Period xi | Physical or cash settlement xii | Number of voting rights | % of voting rights |
| Refer to Annexure | | | | | |
| | | | SUBTOTAL 8.B.2 | 45,483,867 | 5.82% |

| 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 thefinancial
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 |
| The Goldman Sachs Group, Inc. | | | |
| Goldman Sachs (UK) L.L.C. | | | |
| Goldman Sachs Group UK Limited | | | |
| Goldman Sachs International | | 5.97% | 6.30% |
| 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. | | | |
| IMD Holdings LLC | | | |
| United Capital Financial Partners, Inc. | | | |
| United Capital Financial Advisers, LLC | | | |
| 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 information xvi | | | |
| 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
Date of completion	12/09/2019

Natalie White

Deputy Company Secretary

Pearson plc

13 September 2019

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 date x	Exercise/Conversion
period xi	Physical or cash
settlement xii	Number of voting rights	% of voting rights
CFD	23/12/2022		Cash	4,976,444	0.64%
Swap	10/07/2024		Cash	2,530,950	0.32%
CFD	10/12/2025		Cash	2,190,108	0.28%
CFD	20/10/2027		Cash	2,013,479	0.26%
CFD	16/06/2021		Cash	1,834,093	0.23%
CFD	23/02/2024		Cash	1,800,000	0.23%
CFD	04/12/2023		Cash	1,719,503	0.22%
Swap	09/06/2021		Cash	1,444,244	0.18%
CFD	21/02/2024		Cash	1,300,000	0.17%
CFD	21/02/2024		Cash	1,100,000	0.14%
CFD	27/07/2029		Cash	971,700	0.12%
CFD	26/07/2029		Cash	971,650	0.12%
CFD	14/02/2024		Cash	970,000	0.12%
CFD	26/02/2024		Cash	860,000	0.11%
Swap	28/07/2021		Cash	851,294	0.11%
CFD	22/02/2024		Cash	800,000	0.10%
Swap	28/07/2021		Cash	757,148	0.10%
CFD	03/07/2024		Cash	475,000	0.06%
CFD	04/12/2023		Cash	447,155	0.06%
CFD	06/12/2028		Cash	441,115	0.06%
CFD	12/02/2024		Cash	425,904	0.05%
CFD	14/02/2024		Cash	419,554	0.05%
CFD	20/10/2027		Cash	378,203	0.05%
CFD	20/10/2027		Cash	369,444	0.05%
CFD	05/09/2029		Cash	350,362	0.04%
CFD	17/07/2024		Cash	337,960	0.04%
CFD	15/07/2021		Cash	328,703	0.04%
CFD	16/06/2028		Cash	328,703	0.04%
CFD	04/12/2023		Cash	325,656	0.04%
CFD	05/09/2029		Cash	300,914	0.04%
Swap	30/11/2023		Cash	300,000	0.04%
Swap	05/05/2022		Cash	295,638	0.04%
CFD	19/02/2024		Cash	265,000	0.03%
CFD	24/03/2028		Cash	259,000	0.03%
Swap	03/02/2023		Cash	250,801	0.03%
Swap	29/11/2023		Cash	250,000	0.03%
CFD	05/09/2029		Cash	243,989	0.03%
CFD	01/08/2029		Cash	242,950	0.03%
CFD	03/08/2029		Cash	242,950	0.03%
CFD	29/02/2024		Cash	235,463	0.03%
Swap	29/11/2023		Cash	225,000	0.03%
Swap	18/01/2024		Cash	222,460	0.03%
Swap	30/07/2024		Cash	218,422	0.03%
CFD	27/09/2028		Cash	217,594	0.03%
CFD	21/02/2024		Cash	215,238	0.03%
CFD	23/08/2028		Cash	204,000	0.03%
Swap	28/07/2021		Cash	203,317	0.03%
Swap	02/02/2023		Cash	198,606	0.03%
CFD	01/08/2029		Cash	194,350	0.02%
CFD	02/08/2029		Cash	194,350	0.02%
CFD	10/08/2029		Cash	190,650	0.02%
CFD	04/12/2023		Cash	187,008	0.02%
Swap	24/07/2024		Cash	185,000	0.02%
Swap	09/06/2021		Cash	183,084	0.02%
Swap	18/01/2024		Cash	183,004	0.02%
Swap	28/07/2021		Cash	170,231	0.02%
CFD	18/01/2029		Cash	170,000	0.02%
CFD	11/08/2023		Cash	163,431	0.02%
CFD	21/02/2024		Cash	157,424	0.02%
CFD	07/06/2029		Cash	155,101	0.02%
Swap	01/02/2024		Cash	154,031	0.02%
CFD	16/02/2024		Cash	140,912	0.02%
CFD	19/05/2027		Cash	136,008	0.02%
CFD	22/11/2028		Cash	134,667	0.02%
Swap	17/09/2020		Cash	134,591	0.02%
Call Option	17/09/2019		Cash	134,073	0.02%
CFD	17/01/2029		Cash	132,328	0.02%
Swap	28/07/2021		Cash	131,070	0.02%
CFD	12/04/2029		Cash	128,954	0.02%
Swap	03/02/2023		Cash	117,797	0.02%
CFD	22/02/2021		Cash	114,967	0.01%
Swap	22/04/2020		Cash	113,300	0.01%
CFD	19/01/2029		Cash	110,000	0.01%
CFD	04/12/2023		Cash	109,713	0.01%
Swap	20/05/2020		Cash	109,639	0.01%
Swap	18/01/2024		Cash	106,899	0.01%
Swap	18/01/2024		Cash	101,869	0.01%
CFD	23/12/2022		Cash	101,556	0.01%
Swap	13/05/2020		Cash	100,100	0.01%
CFD	18/01/2029		Cash	100,000	0.01%
Swap	16/04/2024		Cash	100,000	0.01%
Swap	30/07/2024		Cash	99,704	0.01%
CFD	12/06/2028		Cash	98,591	0.01%
Swap	29/11/2023		Cash	91,988	0.01%
CFD	04/12/2023		Cash	89,289	0.01%
Swap	14/06/2023		Cash	86,565	0.01%
Swap	12/07/2023		Cash	84,590	0.01%
Swap	02/02/2023		Cash	84,068	0.01%
CFD	21/02/2024		Cash	82,784	0.01%
CFD	25/02/2027		Cash	82,000	0.01%
CFD	18/01/2029		Cash	80,000	0.01%
CFD	18/01/2029		Cash	75,000	0.01%
Call Option	08/10/2019		Cash	74,720	0.01%
Call Option	25/09/2019		Cash	73,382	0.01%
Swap	27/04/2022		Cash	73,357	0.01%
Swap	07/07/2023		Cash	73,094	0.01%
CFD	17/07/2028		Cash	71,500	0.01%
CFD	01/03/2028		Cash	70,079	0.01%
Swap	03/02/2023		Cash	68,758	0.01%
Swap	29/11/2023		Cash	65,026	0.01%
CFD	28/02/2024		Cash	63,641	0.01%
Swap	18/01/2024		Cash	62,356	0.01%
CFD	16/02/2024		Cash	60,750	0.01%
CFD	19/01/2029		Cash	60,000	0.01%
Swap	18/01/2024		Cash	59,338	0.01%
CFD	05/11/2027		Cash	59,199	0.01%
CFD	30/08/2029		Cash	58,600	0.01%
Swap	30/07/2024		Cash	57,908	0.01%
Swap	15/06/2023		Cash	57,709	0.01%
Swap	06/10/2020		Cash	55,700	0.01%
Swap	03/06/2020		Cash	55,000	0.01%
Swap	06/10/2020		Cash	53,400	0.01%
CFD	21/02/2024		Cash	52,715	0.01%
CFD	19/01/2029		Cash	50,000	0.01%
Swap	16/04/2024		Cash	50,000	0.01%
Swap	16/09/2020		Cash	50,000	0.01%
CFD	25/01/2029		Cash	47,800	0.01%
CFD	19/07/2029		Cash	47,200	0.01%
Swap	02/02/2023		Cash	46,967	0.01%
Swap	01/02/2023		Cash	43,214	0.01%
Call Option	15/10/2019		Cash	42,133	0.01%
Swap	14/06/2023		Cash	40,052	0.01%
CFD	04/12/2023		Cash	39,874	0.01%
Swap	08/04/2020		Cash	38,800	0.005%
Swap	12/07/2023		Cash	37,897	0.005%
CFD	05/09/2029		Cash	37,446	0.005%
CFD	17/11/2028		Cash	36,622	0.005%
Swap	30/09/2020		Cash	35,000	0.004%
CFD	30/07/2024		Cash	34,365	0.004%
CFD	21/07/2028		Cash	34,000	0.004%
Swap	07/07/2023		Cash	32,746	0.004%
Swap	27/04/2022		Cash	31,871	0.004%
CFD	07/06/2029		Cash	31,362	0.004%
Swap	12/06/2023		Cash	30,225	0.004%
CFD	05/09/2029		Cash	29,852	0.004%
CFD	17/07/2023		Cash	29,300	0.004%
Call Option	02/10/2019		Cash	28,931	0.004%
CFD	26/07/2029		Cash	28,350	0.004%
CFD	27/07/2029		Cash	28,300	0.004%
CFD	21/02/2024		Cash	27,737	0.004%
Swap	15/06/2023		Cash	26,702	0.003%
CFD	25/07/2029		Cash	26,361	0.003%
CFD	09/08/2029		Cash	25,800	0.003%
CFD	06/07/2023		Cash	25,488	0.003%
CFD	18/09/2019		Cash	24,830	0.003%
CFD	17/01/2029		Cash	24,498	0.003%
CFD	05/09/2029		Cash	24,379	0.003%
CFD	16/08/2029		Cash	24,304	0.003%
CFD	07/09/2029		Cash	24,136	0.003%
CFD	30/07/2029		Cash	23,543	0.003%
Swap	14/06/2023		Cash	23,383	0.003%
CFD	05/09/2029		Cash	23,191	0.003%
Swap	12/07/2023		Cash	22,173	0.003%
CFD	16/02/2024		Cash	20,250	0.003%
Swap	17/09/2020		Cash	19,689	0.003%
CFD	14/07/2023		Cash	19,500	0.002%
CFD	24/10/2019		Cash	19,385	0.002%
Swap	03/08/2022		Cash	19,330	0.002%
Swap	07/07/2023		Cash	19,160	0.002%
Call Option	13/09/2019		Cash	18,913	0.002%
Call Option	18/09/2019		Cash	18,209	0.002%
Swap	12/05/2022		Cash	17,809	0.002%
CFD	23/11/2028		Cash	17,711	0.002%
CFD	02/08/2029		Cash	17,623	0.002%
CFD	21/02/2024		Cash	17,285	0.002%
Swap	21/06/2022		Cash	17,140	0.002%
CFD	25/07/2029		Cash	16,758	0.002%
CFD	04/05/2029		Cash	16,400	0.002%
Swap	29/04/2020		Cash	16,200	0.002%
Swap	28/05/2020		Cash	15,800	0.002%
Swap	04/02/2022		Cash	15,710	0.002%
Swap	15/06/2023		Cash	15,589	0.002%
CFD	07/06/2029		Cash	14,900	0.002%
CFD	15/02/2024		Cash	14,534	0.002%
Swap	31/12/2019		Cash	14,300	0.002%
Swap	12/06/2023		Cash	13,985	0.002%
Swap	04/02/2022		Cash	13,826	0.002%
Swap	27/04/2022		Cash	13,817	0.002%
CFD	28/03/2024		Cash	13,800	0.002%
CFD	05/09/2029		Cash	13,783	0.002%
Swap	04/02/2022		Cash	13,507	0.002%
Swap	12/09/2022		Cash	13,413	0.002%
CFD	06/08/2029		Cash	13,309	0.002%
Swap	03/06/2022		Cash	13,181	0.002%
Swap	03/11/2021		Cash	12,609	0.002%
CFD	23/07/2029		Cash	11,882	0.002%
Call Option	04/10/2019		Cash	11,792	0.002%
Swap	18/03/2020		Cash	11,600	0.001%
Swap	22/05/2020		Cash	11,592	0.001%
Swap	22/05/2020		Cash	10,958	0.001%
Swap	31/12/2019		Cash	10,900	0.001%
CFD	05/09/2029		Cash	10,802	0.001%
Swap	05/05/2022		Cash	10,762	0.001%
CFD	30/07/2024		Cash	10,635	0.001%
Swap	06/03/2020		Cash	10,500	0.001%
CFD	06/08/2029		Cash	10,447	0.001%
Swap	03/06/2022		Cash	9,504	0.001%
CFD	06/09/2029		Cash	8,850	0.001%
Swap	12/10/2022		Cash	8,643	0.001%
CFD	05/09/2029		Cash	8,536	0.001%
Swap	06/07/2022		Cash	8,437	0.001%
Swap	12/06/2023		Cash	8,165	0.001%
CFD	16/05/2029		Cash	7,800	0.001%
Swap	08/06/2021		Cash	7,672	0.001%
Swap	05/09/2022		Cash	7,374	0.001%
CFD	01/08/2029		Cash	7,050	0.001%
CFD	03/08/2029		Cash	7,050	0.001%
Call Option	19/09/2019		Cash	6,682	0.001%
CFD	20/07/2029		Cash	6,319	0.001%
CFD	28/02/2029		Cash	6,100	0.001%
Swap	27/05/2022		Cash	6,097	0.001%
Swap	03/06/2022		Cash	5,980	0.001%
Swap	16/04/2020		Cash	5,700	0.001%
CFD	01/08/2029		Cash	5,650	0.001%
CFD	02/08/2029		Cash	5,650	0.001%
Swap	05/05/2022		Cash	5,267	0.001%
CFD	21/02/2024		Cash	5,263	0.001%
CFD	08/03/2028		Cash	5,000	0.001%
CFD	12/05/2028		Cash	5,000	0.001%
CFD	12/09/2029		Cash	5,000	0.001%
CFD	14/09/2022		Cash	5,000	0.001%
Swap	22/05/2020		Cash	4,774	0.001%
Swap	03/08/2022		Cash	4,676	0.001%
Swap	18/08/2022		Cash	4,644	0.001%
CFD	08/08/2029		Cash	4,245	0.001%
CFD	12/09/2029		Cash	3,748	0.0005%
Swap	05/05/2022		Cash	3,700	0.0005%
Swap	03/11/2021		Cash	3,634	0.0005%
Swap	03/08/2022		Cash	3,520	0.0005%
CFD	15/12/2027		Cash	3,428	0.0004%
CFD	23/07/2029		Cash	3,304	0.0004%
Swap	05/05/2022		Cash	2,928	0.0004%
Swap	22/05/2020		Cash	2,857	0.0004%
CFD	25/07/2029		Cash	2,807	0.0004%
Call Option	18/10/2019		Cash	2,733	0.0003%
CFD	19/07/2029		Cash	2,713	0.0003%
CFD	24/10/2019		Cash	2,703	0.0003%
Swap	22/05/2020		Cash	2,662	0.0003%
CFD	10/09/2029		Cash	2,606	0.0003%
Swap	03/11/2021		Cash	2,556	0.0003%
CFD	23/08/2029		Cash	2,549	0.0003%
CFD	03/08/2029		Cash	2,500	0.0003%
Swap	04/02/2022		Cash	2,470	0.0003%
CFD	30/08/2029		Cash	2,375	0.0003%
CFD	05/09/2029		Cash	2,317	0.0003%
CFD	25/07/2029		Cash	2,293	0.0003%
Swap	03/11/2021		Cash	2,214	0.0003%
Call Option	19/09/2019		Cash	2,123	0.0003%
Swap	22/05/2020		Cash	1,768	0.0002%
CFD	05/09/2029		Cash	1,700	0.0002%
Swap	22/05/2020		Cash	1,585	0.0002%
CFD	28/08/2029		Cash	1,520	0.0002%
CFD	22/08/2029		Cash	1,441	0.0002%
CFD	01/08/2029		Cash	1,410	0.0002%
Call Option	18/10/2019		Cash	1,346	0.0002%
CFD	06/08/2029		Cash	1,000	0.0001%
CFD	04/04/2028		Cash	979	0.0001%
CFD	12/09/2029		Cash	972	0.0001%
Swap	27/04/2022		Cash	930	0.0001%
CFD	17/08/2029		Cash	902	0.0001%
Swap	19/09/2022		Cash	899	0.0001%
CFD	05/09/2029		Cash	853	0.0001%
CFD	22/08/2029		Cash	825	0.0001%
CFD	15/08/2029		Cash	803	0.0001%
CFD	27/06/2029		Cash	769	0.0001%
CFD	01/08/2029		Cash	762	0.0001%
CFD	10/09/2029		Cash	761	0.0001%
CFD	06/09/2029		Cash	715	0.0001%
CFD	26/07/2029		Cash	650	0.0001%
CFD	24/08/2029		Cash	650	0.0001%
CFD	05/09/2029		Cash	626	0.0001%
CFD	27/07/2029		Cash	500	0.0001%
Swap	22/05/2020		Cash	461	0.0001%
CFD	20/08/2029		Cash	445	0.0001%
Swap	22/05/2020		Cash	419	0.0001%
CFD	01/08/2029		Cash	368	0.00005%
Swap	22/05/2020		Cash	329	0.00004%
Swap	22/05/2020		Cash	323	0.00004%
CFD	01/08/2029		Cash	300	0.00004%
CFD	02/08/2029		Cash	300	0.00004%
CFD	01/08/2029		Cash	249	0.00003%
CFD	16/08/2029		Cash	229	0.00003%
CFD	30/08/2029		Cash	200	0.00003%
CFD	06/09/2029		Cash	150	0.00002%
CFD	03/09/2029		Cash	100	0.00001%
CFD	31/08/2029		Cash	1	0.0000001%
Total Number of voting rights and percentage of voting
rights				45,483,867	5.82%
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.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: 13
September 2019
By: /s/
NATALIE WHITE
------------------------------------
Natalie
White
Deputy
Company Secretary

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