Pearson PLC - Major Shareholding Notification 2015

National Storage Mechanism | Additional information

RNS Number : 0414I

Pearson PLC

04 December 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.):	Schroder Investment Management Limited
5. Date of the transaction and date on which the threshold is crossed or reached:	2 December 2015
6. Date on which issuer notified:	3 December 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%			43,233,562		N/A		42,151,560		N/A		5.134%

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
N/A		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
42,151,560								5.134%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Schroder Investment Management Limited 42,151,560 5.134%

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:	This notification is being made based on the legal entity position exceeding 5%. Schroders Plc's position remains as per the previous disclosure. 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 821,066,980.
14. Contact name:	Chloe Talbot
15. Contact telephone number:	+44 207 658 6000

Natalie Dale

Assistant Company Secretary

Pearson plc

4 December 2015

This information is provided by RNS

The company news service from the London Stock Exchange

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