REG - Pearson PLC Schroders PLC - Holding(s) in Company

PearsonAnnouncement

20/03/2020 12:15

RNS Number : 0312H
  
Pearson PLC
  
20 March 2020
  
 

TR-1: Standard 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 underlying issuer of existing shares to which voting rights are attachedii: 


Pearson plc




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: Type 1 & Type 3 disclosure as per the Transparency Directive II regulation                                   


X




3. Details of person subject to the notification obligationiv




Name


Schroders plc




City and country of registered office (if applicable)


London, UK




4. Full name of shareholder(s) (if different from 3.)v




Name








City and country of registered office (if applicable)








5. Date on which the threshold was crossed or reachedvi:


17.03.2020




6. Date on which issuer notified (DD/MM/YYYY):


19.03.2020




7. Total positions of person(s) subject to the notification obligation








% of voting rights attached to shares (total of 8. A)


% of voting rights through financial instruments

(total of 8.B 1 + 8.B 2)


Total of both in % (8.A + 8.B)


Total number of voting rights of issuervii




Resulting situation on the date on which threshold was crossed or reached


12.402%


0.004


12.406%


759,241,846




Position of previous notification (if 
applicable)


12.990%


0.003


12.994%
















 
 



 


8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii




 


A: Voting rights attached to shares




 


Class/type of

shares
ISIN code (if possible)


Number of voting rightsix


% of voting rights




 


Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)


Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)




 


GB0006776081






94,162,003






12.402%




 
























 
























 


SUBTOTAL 8. A


94,162,003


12.402 %




 


 
 




 


B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))




 


Type of financial instrument


Expiration

datex


Exercise/

Conversion Periodxi


Number of voting rights that may be acquired if the instrument is 
exercised/converted.


% of voting rights




 
























 
























 
























 
























 


 
 




 


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 financial instrument


Expiration

datex


Exercise/

Conversion Period xi


Physical or cash 
settlementxii


Number of voting rights 


% of voting rights




 


CFD


N/A


N/A


CASH


29,940


0.004




 




























 




























 














SUBTOTAL 8.B.2


29,940


0.004




 


 
 




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 by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii






 




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 entityxiv (please add additional rows as necessary)


X


 




Namexv


% of voting rights if it equals or is higher than the notifiable threshold


% of voting rights through financial instruments if it equals or is higher than the notifiable threshold


Total of both if it equals or is higher than the notifiable threshold


 




Schroders plc














 




Schroder Administration Limited














 




Schroder Wealth Holdings Limited














 




Schroder & Co. Limited














 




















 




Schroders plc














 




Schroder Administration Limited














 




Schroder Wealth Holdings Limited














 




Schroders (C.I.) Limited














 




















 




Schroders plc














 




Schroder Administration Limited














 




Schroder International Holdings Limited














 




Schroder Investment Management Limited


11.917%






11.921%


 




















 




Schroders plc














 




Schroder Administration Limited














 




Schroder International Holdings Limited














 




Schroder Investment Management (Switzerland) AG














 








 




10. In case of proxy voting, please identify:


 




Name of the proxy holder






 




The number and % of voting rights held






 




The date until which the voting rights will be held






 








 




11. Additional informationxvi


 




This disclosure is being made due to a legal entity, Schroder Investment Management Limited, crossing  below the 12% threshold


 





















 



Place of completion


London




Date of completion


19.03.2020



 

Natalie White
Deputy Company Secretary
Pearson plc
 
20 March 2020
 


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