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Pearson PLC Regulatory Filings 2019

Mar 13, 2019

5260_rns_2019-03-13_21cb11be-89d8-45a0-be04-d6f387628485.html

Regulatory Filings

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National Storage Mechanism | Additional information

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RNS Number : 7755S

Pearson PLC

13 March 2019

Final Results of the Cash tender offer for €500m 1.875% Notes due 2021 issued by Pearson Funding Five plc and Guaranteed by Pearson Plc

13 March 2019

The company is announcing today the final results of its subsidiary company Pearson Funding Five Plc tender of its €500m 1.875 per cent. Notes due 2021, guaranteed by Pearson Plc (ISIN: XS1068765418), of which €250m remained outstanding prior to the Offer.

The Offer was announced on 6 March 2019 and was made on the terms and subject to the offer and distribution restrictions set out in the tender offer memorandum dated 6 March 2019.

The capitalised terms in this announcement have the meanings given to them in the Tender Offer Memorandum.

Results of the Offer

As at the Expiration Deadline, the Company had received valid tenders of €55,443,000 in an aggregate nominal amount of the Notes for purchase. The Company announces that it has decided to accept for purchase all Notes validly tendered pursuant to the Offer.

About Pearson

Pearson is the world's learning company, with expertise in educational courseware and assessment, and a range of teaching and learning services powered by technology. Our mission is to help people make progress in their lives through learning. We believe that learning opens up opportunities, creating fulfilling careers and better lives. For more, visit: www.pearson.com/corporate.

Contacts

Investor Relations Jo Russell, Tom Waldron, Anjali Kotak +44 (0) 207 010 2310
Media Tom Steiner +44 (0) 207 010 2310
Treasury James Kelly +44 (0) 7525 679 788
Brunswick Charles Pretzlik, Nick Cosgrove, Simone Selzer +44 (0) 207 404 5959

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.

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