Pearson PLC — Major Shareholding Notification 2019

Jan 11, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 9052M

Pearson PLC

11 January 2019

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 attachedii:			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
An event changing the breakdown of voting rights						X
Other (please specify)iii
3. Details of person subject to the notification obligationiv
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)			Peterborough Court, 133 Fleet Street, London EC4A 2BB, UK
5. Date on which the threshold was crossed or reachedvi:			08/01/2019
6. Date on which issuer notified (DD/MM/YYYY):			10/01/2019
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 issuervii
Resulting situation on the date on which threshold was crossed or reached	0.54%	5.99%		6.52%	781,078,167
Position of previous notification (if applicable)	0.66%	5.67%		6.33%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rightsix					% 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				4,160,114					0.53%
US7050151056				23,022					0.003%
SUBTOTAL 8. A		4,183,136					0.54%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument		Expiration datex	Exercise/ Conversion Periodxi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
Securities Lending		Open				14,528,821			1.86%
Put option		15-Feb-2019				1,500,000			0.19%
Put option		15-Feb-2019				1,000,000			0.13%
Put option		15-Mar-2019				1,000,000			0.13%
Put option		15-Mar-2019				1,000,000			0.13%
Put option		15-Mar-2019				1,000,000			0.13%
			SUBTOTAL 8. B 1			20,028,821			2.56%
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 datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			Number of voting rights	% of voting rights
Refer to Annexure
					SUBTOTAL 8.B.2			26,752,074	3.43%

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) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)				X
Namexv	% 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		4.14%	4.14%
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.
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 informationxvi
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: [email protected]

Place of completion	London
Date of completion	10/01/2019

Natalie White

Deputy Company Secretary

Pearson plc

11 January 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 datex	Exercise/Conversion periodxi	Physical or cash settlementxii	Number of voting rights	% of voting rights
CFD	10-Dec-2025		Cash	3,100,153	0.40%
CFD	23-Sep-2020		Cash	1,694,093	0.22%
CFD	15-Sep-2028		Cash	1,600,000	0.20%
CFD	4-Dec-2023		Cash	1,553,721	0.20%
CFD	20-Oct-2027		Cash	1,307,594	0.17%
Swap	28-Jul-2021		Cash	1,050,699	0.13%
Swap	28-Jul-2021		Cash	757,148	0.10%
CFD	9-Sep-2021		Cash	711,542	0.09%
Call Option	9-Jan-2019		Cash	658,865	0.08%
CFD	17-Nov-2028		Cash	549,700	0.07%
Call Option	15-Jan-2019		Cash	447,312	0.06%
CFD	10-Jan-2029		Cash	414,526	0.05%
Call Option	11-Jan-2019		Cash	405,588	0.05%
Swap	12-Oct-2023		Cash	397,330	0.05%
CFD	15-Jul-2021		Cash	328,703	0.04%
CFD	16-Jun-2028		Cash	328,703	0.04%
CFD	20-Oct-2027		Cash	300,700	0.04%
Swap	30-Nov-2023		Cash	300,000	0.04%
CFD	20-Oct-2027		Cash	294,339	0.04%
CFD	4-Dec-2023		Cash	268,587	0.03%
CFD	24-Mar-2028		Cash	259,000	0.03%
CFD	19-May-2027		Cash	256,115	0.03%
Swap	3-Feb-2023		Cash	250,801	0.03%
Swap	29-Nov-2023		Cash	250,000	0.03%
CFD	4-Dec-2023		Cash	240,533	0.03%
Call Option	12-Mar-2019		Cash	234,437	0.03%
Call Option	8-Feb-2019		Cash	234,031	0.03%
Swap	29-Nov-2023		Cash	225,000	0.03%
CFD	20-Oct-2021		Cash	224,500	0.03%
Call Option	19-Feb-2019		Cash	224,398	0.03%
CFD	27-Sep-2028		Cash	217,594	0.03%
CFD	21-Jun-2028		Cash	211,858	0.03%
Call Option	25-Feb-2019		Cash	211,356	0.03%
CFD	9-Sep-2021		Cash	204,579	0.03%
CFD	23-Aug-2028		Cash	204,000	0.03%
Swap	28-Jul-2021		Cash	203,317	0.03%
Swap	2-Feb-2023		Cash	198,606	0.03%
Call Option	5-Mar-2019		Cash	182,153	0.02%
CFD	25-Apr-2019		Cash	177,353	0.02%
CFD	6-Dec-2028		Cash	176,900	0.02%
Swap	28-Jul-2021		Cash	170,231	0.02%
Swap	21-May-2019		Cash	164,749	0.02%
CFD	12-Jul-2023		Cash	158,153	0.02%
Call Option	8-Mar-2019		Cash	154,491	0.02%
Call Option	15-Jan-2019		Cash	153,862	0.02%
Call Option	6-Mar-2019		Cash	150,840	0.02%
CFD	22-Nov-2028		Cash	134,667	0.02%
CFD	10-Mar-2028		Cash	131,461	0.02%
Swap	28-Jul-2021		Cash	131,070	0.02%
CFD	10-Jan-2029		Cash	130,474	0.02%
Swap	17-Sep-2020		Cash	128,491	0.02%
Swap	3-Feb-2023		Cash	117,797	0.02%
CFD	25-Feb-2027		Cash	115,007	0.01%
Call Option	22-Feb-2019		Cash	114,431	0.01%
Swap	13-Oct-2023		Cash	113,548	0.01%
Swap	22-Mar-2019		Cash	113,300	0.01%
CFD	24-Nov-2028		Cash	106,470	0.01%
CFD	4-Dec-2023		Cash	106,286	0.01%
CFD	17-Nov-2028		Cash	102,681	0.01%
CFD	12-Jun-2028		Cash	98,591	0.01%
Swap	2-Feb-2023		Cash	93,281	0.01%
Swap	29-Nov-2023		Cash	91,988	0.01%
Swap	8-Dec-2023		Cash	91,426	0.01%
CFD	27-Jan-2020		Cash	90,147	0.01%
Swap	14-Jun-2023		Cash	86,565	0.01%
Swap	12-Jul-2023		Cash	84,590	0.01%
CFD	26-Nov-2021		Cash	80,948	0.01%
CFD	17-Jul-2028		Cash	77,500	0.01%
CFD	11-Aug-2023		Cash	77,077	0.01%
CFD	1-Mar-2028		Cash	76,610	0.01%
Swap	7-Jul-2023		Cash	73,094	0.01%
Swap	3-Feb-2023		Cash	68,758	0.01%
CFD	20-Nov-2028		Cash	68,454	0.01%
Swap	29-Nov-2023		Cash	65,026	0.01%
CFD	5-Nov-2027		Cash	64,825	0.01%
CFD	4-Dec-2023		Cash	64,788	0.01%
CFD	17-Nov-2028		Cash	64,651	0.01%
Swap	15-Jun-2023		Cash	57,709	0.01%
CFD	1-Mar-2028		Cash	57,626	0.01%
CFD	24-Nov-2028		Cash	57,059	0.01%
CFD	20-Nov-2028		Cash	57,045	0.01%
Swap	5-Sep-2019		Cash	55,700	0.01%
Swap	2-Feb-2023		Cash	54,448	0.01%
Swap	5-Sep-2019		Cash	53,400	0.01%
CFD	4-Dec-2023		Cash	52,020	0.01%
Swap	1-Feb-2023		Cash	43,214	0.01%
CFD	10-Mar-2028		Cash	42,351	0.01%
Swap	14-Jun-2023		Cash	40,052	0.01%
CFD	22-Nov-2028		Cash	38,030	0.005%
Swap	12-Jul-2023		Cash	37,897	0.005%
CFD	10-Jan-2029		Cash	37,482	0.005%
CFD	17-Nov-2028		Cash	36,622	0.005%
CFD	21-Jul-2028		Cash	34,000	0.004%
CFD	24-Nov-2028		Cash	33,512	0.004%
CFD	25-Apr-2019		Cash	33,191	0.004%
Swap	7-Jul-2023		Cash	32,746	0.004%
CFD	17-Nov-2028		Cash	32,319	0.004%
CFD	17-Jul-2023		Cash	31,400	0.004%
CFD	14-Jul-2023		Cash	30,500	0.004%
Swap	12-Jun-2023		Cash	30,225	0.004%
CFD	25-Apr-2019		Cash	29,469	0.004%
Swap	15-Jun-2023		Cash	26,702	0.003%
CFD	1-Nov-2028		Cash	26,197	0.003%
CFD	13-Sep-2028		Cash	26,000	0.003%
CFD	6-Jul-2023		Cash	25,488	0.003%
CFD	1-Nov-2028		Cash	25,474	0.003%
CFD	25-Apr-2019		Cash	24,541	0.003%
CFD	26-Nov-2021		Cash	24,179	0.003%
Swap	14-Jun-2023		Cash	23,383	0.003%
Swap	11-Feb-2020		Cash	22,499	0.003%
Swap	12-Jul-2023		Cash	22,173	0.003%
CFD	25-Feb-2027		Cash	22,001	0.003%
CFD	20-Nov-2028		Cash	21,546	0.003%
CFD	13-Dec-2028		Cash	20,609	0.003%
CFD	17-Nov-2028		Cash	20,349	0.003%
Swap	1-Feb-2023		Cash	20,297	0.003%
CFD	25-Apr-2019		Cash	19,385	0.002%
Swap	7-Jul-2023		Cash	19,160	0.002%
CFD	24-Nov-2028		Cash	17,959	0.002%
CFD	20-Nov-2028		Cash	17,955	0.002%
CFD	23-Nov-2028		Cash	17,711	0.002%
CFD	17-Jul-2023		Cash	17,100	0.002%
Swap	28-Mar-2019		Cash	16,200	0.002%
Swap	22-May-2020		Cash	16,129	0.002%
Swap	17-Sep-2020		Cash	15,868	0.002%
Swap	30-Apr-2019		Cash	15,800	0.002%
Swap	4-Feb-2022		Cash	15,710	0.002%
Swap	15-Jun-2023		Cash	15,589	0.002%
CFD	4-Dec-2023		Cash	15,395	0.002%
CFD	11-Nov-2020		Cash	15,090	0.002%
CFD	18-Sep-2019		Cash	15,000	0.002%
Call Option	12-Mar-2019		Cash	14,587	0.002%
Swap	31-Dec-2019		Cash	14,300	0.002%
Swap	12-Jun-2023		Cash	13,985	0.002%
Swap	4-Feb-2022		Cash	13,826	0.002%
Swap	4-Feb-2022		Cash	13,507	0.002%
Swap	3-Nov-2021		Cash	12,609	0.002%
Swap	22-May-2020		Cash	12,597	0.002%
CFD	20-Nov-2028		Cash	12,400	0.002%
CFD	22-Nov-2028		Cash	11,970	0.002%
Swap	1-Feb-2023		Cash	11,847	0.002%
Swap	31-Dec-2019		Cash	10,900	0.001%
CFD	28-Oct-2020		Cash	10,812	0.001%
Swap	6-Feb-2019		Cash	10,500	0.001%
CFD	14-Jan-2021		Cash	9,422	0.001%
CFD	14-Jan-2021		Cash	9,303	0.001%
CFD	30-Oct-2028		Cash	9,047	0.001%
Swap	12-Oct-2023		Cash	8,622	0.001%
Swap	12-Feb-2020		Cash	8,429	0.001%
Swap	12-Jun-2023		Cash	8,165	0.001%
Swap	22-May-2020		Cash	7,925	0.001%
Swap	11-Feb-2020		Cash	7,780	0.001%
Swap	22-May-2020		Cash	6,153	0.001%
Swap	8-Dec-2023		Cash	6,074	0.001%
CFD	27-Feb-2023		Cash	5,992	0.001%
CFD	9-Dec-2020		Cash	5,970	0.001%
CFD	15-Dec-2028		Cash	5,838	0.001%
CFD	11-Jan-2022		Cash	5,739	0.001%
CFD	10-Jan-2029		Cash	5,738	0.001%
Call Option	22-Feb-2019		Cash	5,664	0.001%
CFD	15-Dec-2027		Cash	5,000	0.001%
CFD	8-Mar-2028		Cash	5,000	0.001%
CFD	12-May-2028		Cash	5,000	0.001%
CFD	3-Nov-2028		Cash	4,984	0.001%
Swap	22-May-2020		Cash	4,774	0.001%
CFD	20-Dec-2028		Cash	4,700	0.001%
CFD	4-Feb-2022		Cash	4,300	0.001%
Swap	22-May-2020		Cash	3,941	0.001%
Swap	3-Nov-2021		Cash	3,634	0.0005%
Swap	22-May-2020		Cash	3,050	0.0004%
Swap	12-Feb-2020		Cash	2,916	0.0004%
CFD	2-Nov-2028		Cash	2,900	0.0004%
CFD	21-Dec-2028		Cash	2,880	0.0004%
Swap	22-May-2020		Cash	2,857	0.0004%
Swap	3-Nov-2021		Cash	2,556	0.0003%
Swap	4-Feb-2022		Cash	2,470	0.0003%
CFD	27-Dec-2028		Cash	2,356	0.0003%
CFD	28-Oct-2020		Cash	2,350	0.0003%
CFD	28-Oct-2020		Cash	2,350	0.0003%
Swap	3-Nov-2021		Cash	2,214	0.0003%
CFD	6-Dec-2023		Cash	2,080	0.0003%
CFD	29-Nov-2028		Cash	1,900	0.0002%
Swap	22-May-2020		Cash	1,768	0.0002%
Call Option	22-Feb-2019		Cash	1,528	0.0002%
CFD	16-Nov-2028		Cash	1,259	0.0002%
CFD	22-Dec-2028		Cash	1,200	0.0002%
CFD	2-Jan-2029		Cash	1,160	0.0001%
CFD	15-Nov-2028		Cash	1,100	0.0001%
CFD	16-Dec-2020		Cash	662	0.0001%
CFD	20-Nov-2028		Cash	532	0.0001%
CFD	18-Sep-2028		Cash	516	0.0001%
Swap	22-May-2020		Cash	461	0.0001%
CFD	6-Dec-2028		Cash	433	0.0001%
Swap	22-May-2020		Cash	419	0.0001%
CFD	29-Nov-2028		Cash	406	0.0001%
CFD	8-Nov-2028		Cash	400	0.0001%
CFD	22-Nov-2028		Cash	400	0.0001%
Swap	22-May-2020		Cash	329	0.00004%
Swap	22-May-2020		Cash	323	0.00004%
CFD	9-Nov-2028		Cash	300	0.00004%
CFD	10-Nov-2028		Cash	300	0.00004%
CFD	15-Nov-2028		Cash	300	0.00004%
CFD	29-Dec-2028		Cash	300	0.00004%
CFD	10-Jan-2029		Cash	300	0.00004%
CFD	6-Dec-2028		Cash	200	0.00003%
CFD	18-Dec-2028		Cash	200	0.00003%
CFD	20-Dec-2028		Cash	200	0.00003%
CFD	27-Dec-2028		Cash	172	0.00002%
Swap	22-May-2020		Cash	150	0.00002%
CFD	27-Sep-2028		Cash	123	0.00002%
CFD	5-Oct-2028		Cash	122	0.00002%
CFD	8-Jan-2029		Cash	105	0.00001%
CFD	22-Nov-2028		Cash	100	0.00001%
CFD	29-Nov-2028		Cash	100	0.00001%
CFD	30-Nov-2028		Cash	100	0.00001%
CFD	13-Dec-2028		Cash	100	0.00001%
CFD	15-Dec-2028		Cash	100	0.00001%
CFD	27-Sep-2028		Cash	90	0.00001%
CFD	6-Oct-2028		Cash	82	0.00001%
CFD	23-Nov-2028		Cash	63	0.00001%
CFD	2-Oct-2028		Cash	61	0.00001%
CFD	23-Oct-2028		Cash	19	0.000002%
CFD	4-Jan-2029		Cash	10	0.000001%
Total Number of voting rights and percentage of voting rights				26,752,074	3.43%
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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

END

HOLCKDDKBBKDDDD