Pearson PLC Holding(s) in Company (4232X)

TIDMPSON

RNS Number : 4232X

Pearson PLC

21 February 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                              Pearson PLC 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  ----------------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
------------------------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights                                                       Y 
----------------------------------------------------------------------------------------------  ------ 
 An acquisition or disposal of qualifying financial                                                N 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------------------------------------------  ------ 
 An acquisition or disposal of instruments with                                                    N 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------------------------------------------  ------ 
 An event changing the breakdown of voting rights                                                  N 
----------------------------------------------------------------------------------------------  ------ 
 Other (please                                               Regulatory                            N 
  specify): 
----------------------------------------------------------  ----------------------------------  ------ 
 3. Full name of person(s)                                     LINDSELL TRAIN LIMITED ( discretionary 
  subject to the                                                              clients) 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s)                                        The BNY (OCS) Nominees 
  (if different from 3.):(iv)                                                BNP Paribas 
                                                                             NT Nominees 
                                                                        State Street Nominees 
-----------------------------------------------------------  ----------------------------------------- 
 5. Date of the transaction                                              20th February 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------------------- 
 6. Date on which issuer                                                 20th February 2017 
  notified: 
-----------------------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                           5.035% 
-----------------------------------------------------------  ----------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                            Resulting situation after the 
  of              to the triggering                             triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  --------------------------------------------  -------------------------------------------------------------- 
                 Number                      Number            Number         Number of               % of voting 
                 of                          of                of shares       voting                  rights (x) 
                 Shares                      Voting                            rights 
                                             Rights 
--------------  --------------------------  ----------------  -------------  ----------------------  ----------------------- 
                                                               Direct         Direct       Indirect   Direct      Indirect 
                                                                               (xi)         (xii) 
--------------      ---------  -----------      ------------  -------------  -----------  ---------  ----------  ----------- 
 GB0006776081 
 Aggregate 
 holdings 
 from 
 discretionary 
 clients         Below                            Below 
 accounts         5%                                5%         41,393,237     41,393,237   -          5.035%      - 
                --------------------------  ----------------  -------------  -----------  ---------  ----------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration                Exercise/                      Number of voting          % of voting 
  instrument          date                      Conversion                     rights that               rights 
                      (xiii)                    Period (xiv)                   may be 
                                                                               acquired if 
                                                                               the 
                                                                               instrument 
                                                                               is 
                                                                               exercised/ 
                                                                               converted. 
------------------  ------------------------  -----------------------------  ------------------------  --------------------- 
 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           Exercise     Expiration       Exercise/       Number of voting                     % of voting 
 financial         price         date             Conversion      rights instrument                    rights (xix, 
 instrument                      (xvii)           period          refers to                            xx) 
                                                  (xviii) 
----------------  -----------  ---------------  --------------  -----------------------------------  ----------------------- 
 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 
--------------------------------------------------------------  ------------------------------------------------------------ 
 41,393,237                                                      5.035% 
--------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------- 
 
   N/A 
 
 Proxy Voting: 
-------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                         N/A 
-------------------------------------------------------  ----------------- 
 11. Number of voting rights proxy                                     N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  ----------------- 
 12. Date on which proxy holder                                        N/A 
  will cease to hold 
  voting rights: 
-------------------------------------------------------  ----------------- 
 
 
  13. Additional information:                              N/A 
-------------------------------------------------------  ----------------- 
 14. Contact name:                                        Lauren Jorgensen 
-------------------------------------------------------  ----------------- 
 15. Contact telephone 
  number:                                                    020 7808 1210 

-------------------------------------------------------  ----------------- 
 
 

Natalie Dale

Deputy Company Secretary

Pearson plc

21 February 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 21, 2017 04:25 ET (09:25 GMT)