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PSON Pearson Plc

987.00
-4.60 (-0.46%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pearson Plc LSE:PSON London Ordinary Share GB0006776081 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.60 -0.46% 987.00 991.40 991.80 995.00 965.80 994.60 2,860,181 16:35:28
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Publishing 3.67B 378M 0.5497 18.04 6.82B

Pearson PLC Holding(s) in Company (8894R)

02/07/2020 1:26pm

UK Regulatory


TIDMPSON

RNS Number : 8894R

Pearson PLC

02 July 2020

TR-1: S tandard 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                                              Pearson plc 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                         --------------------------------------------------------- 
 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                                                             X 
                                                                                                ------------------ 
 An acquisition or disposal of financial instruments 
                                                                                                ------------------ 
 An event changing the breakdown of voting rights 
                                                                                                ------------------ 
 Other (please specify)(iii) : 
                                                                                                ------------------ 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                     Silchester International Investors 
                                                           LLP 
 City and country of registered office                    London, UK 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name                                                     No individual shareholder holds more 
                                                           than 5% of voting rights. 
                                                         --------------------------------------------------------- 
 City and country of registered office                    Not applicable. 
  (if applicable) 
                                                         --------------------------------------------------------- 
 5. Date on which the threshold was                       1(st) July 2020 
  crossed or reached (vi) : 
                                                         --------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):           2(nd) July 2020 
                                                         --------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                                      % of voting         % of voting rights    Total of both    Total number 
                                     rights attached      through financial      in % (8.A +      of voting rights 
                                    to shares (total         instruments             8.B)         of issuer (vii) 
                                        of 8. A)            (total of 8.B 
                                                              1 + 8.B 2) 
                                -----------------------  -------------------  ----------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                     10.943%                  Nil                  10.943%           752,409,661 
                                -----------------------  -------------------  ----------------  ------------------ 
 Position of 
  previous notification 
  (if 
  applicable)                    11.073%                  Nil                  11.073% 
                                -----------------------  -------------------  ----------------  ------------------ 
 
 
 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights                      % of voting rights 
  shares             (ix) 
  ISIN code (if 
  possible) 
                          Direct                Indirect                      Direct                       Indirect 
                    (Art 9 of Directive   (Art 10 of Directive          (Art 9 of Directive          (Art 10 of Directive 
                       2004/109/EC)           2004/109/EC)             2004/109/EC) (DTR5.1)             2004/109/EC) 
                         (DTR5.1)              (DTR5.2.1)                                                 (DTR5.2.1) 
                                         --------------------- 
 GB0006776081       Nil                   82,336,188             Nil                                 10.943% 
                   --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                      82,336,188                                           10.943% 
                   -------------------------------------------  --------------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration            Exercise/              Number of voting                    % of voting 
  financial          date                  Conversion Period      rights that may                     rights 
  instrument         (x)                   (xi)                   be acquired if 
                                                                  the instrument 
                                                                  is 
                                                                  exercised/converted. 
                   --------------------  ---------------------  ----------------------------------  --------------------- 
 N/A                N/A                   N/A                    N/A                                 N/A 
                   --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
                                          SUBTOTAL 8. B 1        N/A                                 N/A 
                                         ---------------------  ----------------------------------  --------------------- 
 
 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           Expiration             Exercise/              Physical or      Number of          % of voting 
  financial         date (x)              Conversion              cash             voting rights      rights 
  instrument                              Period (xi)             settlement 
                                                                  (xii) 
                  ---------------------  ---------------------  ---------------  ----------------- 
 N/A               N/A                    N/A                    N/A              N/A                N/A 
----------------  ---------------------  ---------------------  ---------------  ----------------- 
 
 
                                                                 SUBTOTAL 8.B.2   N/A                N/A 
                                                                ---------------  ----------------- 
 
 
 
 
 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                                      X 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer (xiii) 
 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 entity (xiv) (please add additional 
  rows as necessary) 
    Name (xv)              % of voting rights                 % of voting rights             Total of both if 
                             if it equals or                   through financial              it equals or is 
                           is higher than the                  instruments if it              higher than the 
                          notifiable threshold                equals or is higher           notifiable threshold 
                                                              than the notifiable 
                                                                   threshold 
                   ---------------------------------  ---------------------------------  ------------------------ 
 N/A 
                   ---------------------------------  ---------------------------------  ------------------------ 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                              Silchester International Investors 
                                                        LLP 
                                                      ----------------------------------------------------------- 
 The number and % of voting rights                     N/A 
  held 
                                                      ----------------------------------------------------------- 
 The date until which the voting rights                N/A 
  will be held 
                                                      ----------------------------------------------------------- 
 
 11. Additional information (xvi) 
 Silchester International Investors LLP ("Silchester") acts as investment 
  manager for certain commingled funds (our "Clients"). In acting for our 
  Clients, Silchester is given full discretion over their investments and 
  is empowered to vote on their behalf. However, we do not act as our Clients' 
  custodian and therefore shares are not held in our name but in the name 
  of each Client's custodian bank. The change in Silchester's holdings 
  was due to a series of transactions over a series of different trading 
  days. 
 
 
 
 Place of completion   London, UK 
 Date of completion    2(nd) July 2020 
                      ---------------- 
 

Natalie White

Deputy Company Secretary

Pearson plc

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.

END

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