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.

Contacts

 
                     Jo Russell, Tom Waldron, Anjali     +44 (0) 207 010 
Investor Relations    Kotak                               2310 
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                                                         +44 (0) 207 010 
Media                Tom Steiner                          2310 
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                                                         +44 (0) 7525 
Treasury             James Kelly                          679 788 
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                     Charles Pretzlik, Nick Cosgrove,    +44 (0) 207 404 
Brunswick             Simone Selzer                       5959 
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March 13, 2019 09:13 ET (13:13 GMT)

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