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||||
TR-1: NOTIFICATION OF MAJOR INTEREST
IN SHARESi
|
||||
|
|
|||
1. Identity of the issuer or the underlying issuerof existing
shares to which voting rights areattached: ii
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Pearson
PLC
|
|||
2 Reason for the notification (please tick the appropriate
box or boxes):
|
||||
An
acquisition or disposal of voting rights
|
X
|
|||
An
acquisition or disposal of qualifying financial instruments which
may result in the acquisition of shares already issued to which
voting rights are attached
|
|
|||
An
acquisition or disposal of instruments with similar economic effect
to qualifying financial instruments
|
|
|||
An
event changing the breakdown of voting rights
|
|
|||
Other
(please specify):
|
Type 1
disclosure as per the Transparency Directive II
Regulation
|
X
|
||
3. Full name of person(s) subject to thenotification
obligation: iii
|
Schroders
plc
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|||
4. Full name of shareholder(s) (if different from 3.):iv
|
Schroder
Investment Management Limited
|
|||
5. Date of the transaction and date onwhich the threshold is
crossed orreached: v
|
27.01.17
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|||
6. Date on which issuer notified:
|
30.01.17
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7. Threshold(s) that is/are crossed orreached: vi, vii
|
Above
10%
|
8. Notified details:
|
|||||||||||||||||
A: Voting rights attached to shares viii, ix
|
|||||||||||||||||
Class/type ofshares
if
possible usingthe ISIN CODE
|
Situation previousto the triggeringtransaction
|
Resulting situation after the triggering transaction
|
|||||||||||||||
NumberofShares
|
NumberofVotingRights
|
Numberof shares
|
Number of votingrights
|
% of voting rights x
|
|||||||||||||
Direct
|
Direct xi
|
Indirect xii
|
Direct
|
Indirect
|
|||||||||||||
GB0006776081
|
43,233,562
|
42,151,560
|
84,457,434
|
N/A
|
84,525,261
|
N/A
|
10.281%
|
||||||||||
|
|||||||||||||||||
|
|||||||||||||||||
B: Qualifying Financial Instruments
|
|||||||||||||||||
Resulting situation after the triggering transaction
|
|||||||||||||||||
Type of financialinstrument
|
Expirationdate xiii
|
Exercise/ Conversion Period xiv
|
Number of votingrights that may beacquired if theinstrument
isexercised/ converted.
|
% of votingrights
|
|||||||||||||
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 financialinstrument
|
Exercise price
|
Expiration date xvii
|
Exercise/Conversion period xviii
|
Number of voting rights instrument refers to
|
% of voting rights xix, xx
|
||||||||||||
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
|
||||||||||||||||
84,525,261
|
10.281%
|
9. Chain of controlled undertakings through which the voting rights
and/or thefinancial instruments are effectively held, if
applicable: xxi
|
||
Schroder
Investment Management
Limited 84,525,261 10.281%
|
||
|
||
Proxy Voting:
|
||
10. Name of the proxy holder:
|
|
|
11. Number of voting rights proxy holder will ceaseto
hold:
|
|
|
12. Date on which proxy holder will cease to holdvoting
rights:
|
|
|
|
||
13. Additional information:
|
This notification is being made based on the legal entity position
exceeding 10%. Schroders Plc’s position remains as per the
previous disclosure dated 26th January 2017. The shares referred to in section 9
are held in portfolios managed by those firms on a discretionary
basis for clients under investment management agreements. This
disclosure has been calculated based on issue share capital amount
822,126,713.
|
|
14. Contact name:
|
Shaheen
Hussain
|
|
15. Contact telephone number:
|
+44 207
658 6000
|
|
PEARSON
plc
|
|
|
Date: 31
January 2017
|
|
|
By: /s/
NATALIE DALE
|
|
|
|
------------------------------------
|
|
Natalie
Dale
|
|
Deputy
Company Secretary
|