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Pearson PLC — Major Shareholding Notification 2015
Nov 26, 2015
5260_mrq_2015-11-26_c404475a-3c0f-4fb7-afa0-8b5694bbb043.html
Major Shareholding Notification
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RNS Number : 0952H
Pearson PLC
26 November 2015
| NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
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 the notification obligation: |
Schroders plc. | |||
| 4. Full name of shareholder(s) (if different from 3.): | ||||
| 5. Date of the transaction and date on which the threshold is crossed or reached: |
24 November 2015 | |||
| 6. Date on which issuer notified: | 25 November 2015 | |||
| 7. Threshold(s) that is/are crossed or reached: |
Above 5% | |||
| 8. Notified details: | |||||||||||||||
| A: Voting rights attached to shares | |||||||||||||||
| Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction | |||||||||||||
| Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% 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 financial instrument |
Expiration date |
Exercise/ Conversion Period |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|||||||||||
| 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 financial instrument |
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 the financial 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 cease to hold: |
N/A | ||||||||||||||
| 12. Date on which proxy holder will cease to hold voting 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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