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| Name | Symbol | Market | Type |
|---|---|---|---|
| Pearson Plc | NYSE:PSO | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.22 | 1.76% | 12.72 | 400 | 14:17:02 |
From May 2019 to May 2024
TIDMPSON
RNS Number : 7755S
Pearson PLC
13 March 2019
Final Results of the Cash tender offer for EUR500m 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 EUR500m 1.875 per cent. Notes due 2021, guaranteed by Pearson Plc (ISIN: XS1068765418), of which EUR250m 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 EUR55,443,000 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.
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Media Tom Steiner 2310
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Treasury James Kelly 679 788
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Brunswick Simone Selzer 5959
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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 rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
March 13, 2019 09:13 ET (13:13 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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