Pearson PLC Holding(s) in Company (3575W)
November 13 2017 - 10:38AM
UK Regulatory
TIDMPSON
RNS Number : 3575W
Pearson PLC
13 November 2017
TR-1: Standard form for notification of major holdings
1a. Identity of the issuer Pearson PLC
or the 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
------------------------------------------------------------------------------------- -------------
An acquisition or disposal of financial instruments
------------------------------------------------------------------------------------- -------------
An event changing the breakdown of voting rights
------------------------------------------------------------------------------------- -------------
Other (please specify)(iii) : Issuer share buy-back X
program reducing shares in issue
------------------------------------------------------------------------------------- -------------
3. Details of person subject to the notification obligation(iv)
Name Silchester International
Investors LLP
City and country of registered London, UK
office (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 N/A
office (if applicable)
------------------------------------------------- -------------------------------------------------
5. Date on which the threshold 10/11/2017
was crossed or reached(vi)
:
------------------------------------------------- -------------------------------------------------
6. Date on which issuer notified 13/11/2017
(DD/MM/YYYY):
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7. Total positions of person(s) subject to the notification
obligation
----------------------------------------------------------------------------------------------------
% of voting % of voting Total of Total number
rights attached rights through both in % of voting
to shares financial (8.A + 8.B) rights of
(total of instruments issuer(vii)
8. A) (total of
8.B 1 + 8.B
2)
---------------------- ------------------------- ---------------- ---------------- -------------
Resulting
situation
on the date
on which
threshold
was crossed
or reached 11.01% N/A 11.01% 813,039,276
---------------------- ------------------------- ---------------- ---------------- -------------
Position
of previous
notification
(if
applicable) 10.98% N/A 10.98%
---------------------- ------------------------- ---------------- ---------------- -------------
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 Number of voting rights(ix) % of voting rights
of
shares
ISIN code
(if possible)
----------------------
Direct Indirect Direct Indirect
(Art 9 of (Art 10 of (Art 9 of (Art 10 of
Directive Directive Directive Directive
2004/109/EC) 2004/109/EC) 2004/109/EC) 2004/109/EC)
(DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
--------------------- --------------------- -------------- ------------------------------ ---------------
GB0006776081 819,518,883 11.01%
---------------------- --------------------- -------------- ------------------------------ ---------------
SUBTOTAL
8. A 819,518,883 11.01%
---------------------- ------------------------------------- -----------------------------------------------
B 1: Financial Instruments according to Art. 13(1)(a)
of Directive 2004/109/EC (DTR5.3.1.1 (a))
--------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date(x) Conversion rights that rights
Period(xi) may be acquired
if the instrument
is
exercised/converted.
---------------------- --------------------- -------------- ------------------------------ ---------------
N/A N/A N/A N/A N/A
---------------------- --------------------- -------------- ------------------------------ ---------------
SUBTOTAL 8. N/A N/A
B 1
-------------- ------------------------------ ---------------
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 Number % of voting
financial date(x) Conversion or cash of voting rights
instrument Period settlement(xii) rights
(xi)
--------------------- ---------------------- -------------- ----------------- ----------- ---------------
N/A N/A N/A N/A N/A N/A
--------------------- ---------------------- -------------- ----------------- ----------- ---------------
SUBTOTAL N/A N/A
8.B.2
----------------- ----------- ---------------
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 X
not controlled 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 % of voting Total of both
rights if it rights through if it equals
equals or is financial instruments or is higher
higher than if it equals than the notifiable
the notifiable or is higher threshold
threshold than the notifiable
threshold
-------------- -------------------- -------------------------- -----------------------
N/A
-------------- -------------------- -------------------------- -----------------------
10. In case of proxy voting, please identify:
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Name of the proxy holder Silchester International
Investors LLP
------------------------------------ ---------------------------------------------------
The number and % of voting N/A
rights held
------------------------------------ ---------------------------------------------------
The date until which the N/A
voting rights 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.
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Place of completion London, UK
-------------------- ---------------------
Date of completion 13(th) November 2017
-------------------- ---------------------
Natalie White
Deputy Company Secretary
Pearson plc
13 November 2017
This information is provided by RNS
The company news service from the London Stock Exchange
END
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