Pearson PLC — Major Shareholding Notification 2017

Feb 22, 2017

National Storage Mechanism | Additional information

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RNS Number : 5382X

Pearson PLC

22 February 2017

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			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):	Type 1 disclosure as per the Transparency Directive II Regulation			X
3. Full name of person(s) subject to the notification obligation: iii		Schroders plc
4. Full name of shareholder(s) (if different from 3.):iv		Schroder Investment Management Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v		20.02.17
6. Date on which issuer notified:		21.02.17
7. Threshold(s) that is/are crossed or reached: vi, vii		From 10%-11%

8. Notified details:
A: Voting rights attached to shares viii, ix
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 x
Direct		Direct xi	Indirect xii		Direct		Indirect
GB0006776081	84,457,434				84,525,261			91,637,701		N/A	90,681,773		N/A		11.024%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii			Exercise/ Conversion Period xiv				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 xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii			Exercise/ Conversion period xviii		Number of voting rights instrument refers to			% of voting rights xix, xx
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
90,681,773									11.024%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Schroder Investment Management Limited              90,681,773                                          11.024%
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:	This notification is being made based on the legal entity position crossing above 11%. Schroders Plc's position remains as per the previous disclosure dated 6th February 2017. 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 822,583,860.
14. Contact name:	Shaheen Hussain
15. Contact telephone number:	+44 207 658 6000

Natalie Dale

Deputy Company Secretary

Pearson plc

22 February 2017

This information is provided by RNS

The company news service from the London Stock Exchange

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