REG - Barclays PLC Pearson PLC - Form 8.5 (EPT/NON-RI) Pearson plc

PearsonAnnouncement

18/03/2022 09:45

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RNS Number : 2711F  Barclays PLC  18 March 2022

 FORM 8.5 (EPT/NON-RI)
 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
 EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
 (OR WHERE RI STATUS IS NOT APPLICABLE)
 Rule 8.5 of the Takeover Code (the "Code")

 

 1.                                        KEY INFORMATION
 (a)  Name of exempt principal trader:                                          BARCLAYS CAPITAL SECURITIES LTD
 (b)  Name of offeror/offeree in relation to whose                              PEARSON PLC
      relevant securities this form relates:
 (c)  Name of the party to the offer with which exempt                          Apollo Global Management, Inc. and its subsidiaries
      principal trader is connected
 (d)  Date position held/dealing undertaken:                                    17 March 2022
 (e)  In addition to the company in 1(b) above, is the exempt principal         NO
      trader making disclosures in respect of any other party to the offer?

 

 2.                                                                         POSITIONS OF THE EXEMPT PRINCIPAL TRADER
 (a)         Interests and short positions in the relevant securities of the offeror or
             offeree
             to which the disclosure relates following the dealing (if any)
 Class of relevant security:                                   25p ordinary
                                                               Interests                 Short Positions
                                                               Number       (%)          Number       (%)
 (1)         Relevant securities owned
             and/or controlled:                                7,014,180    0.93%        4,026,096    0.53%

 (2)         Cash-settled derivatives:
                                                               3,772,075    0.50%        3,112,717    0.41%

 (3)         Stock-settled derivatives (including options)
             and agreements to purchase/sell:                  0            0.00%        0            0.00%

             TOTAL:                                            10,786,255   1.42%        7,138,813    0.94%

 

 (b)          Rights to subscribe for new securities (including directors and other
              executive
              options)
 Class of relevant security in relation to
 which subscription right exists
 Details, including nature of the rights
 concerned and relevant percentages:

 

 3.                                                   DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
 (a)                Purchases and sales
 Class of relevant              Purchase/sale         Total number of                 Highest price per unit  Lowest price per unit
 security                                             securities                      paid/received           paid/received
 25p ordinary                   Purchase              1,025,139                       8.2360 GBP              8.0594 GBP
 25p ordinary                   Sale                  474,229                         8.2384 GBP              8.0594 GBP

 

 (b)       Cash-settled derivative transactions
 Class of              Product                  Nature of dealing             Number of   Price per
 relevant              description                                            reference   unit
 security                                                                     securities
 25p ordinary           SWAP                    Decreasing Long               103         8.1145 GBP
 25p ordinary           SWAP                    Decreasing Long               137         8.1095 GBP
 25p ordinary           SWAP                    Decreasing Long               511         8.2360 GBP
 25p ordinary           SWAP                    Decreasing Long               1,332       8.1020 GBP
 25p ordinary           SWAP                    Decreasing Long               1,455       8.3339 GBP
 25p ordinary           SWAP                    Decreasing Long               2,718       8.1173 GBP
 25p ordinary           SWAP                    Decreasing Long               4,710       8.2829 GBP
 25p ordinary           SWAP                    Decreasing Long               5,267       8.1409 GBP
 25p ordinary           SWAP                    Decreasing Long               7,323       8.1430 GBP
 25p ordinary           SWAP                    Decreasing Long               13,214      8.0999 GBP
 25p ordinary           SWAP                    Decreasing Long               14,747      8.1435 GBP
 25p ordinary           SWAP                    Decreasing Long               16,047      8.1052 GBP
 25p ordinary           SWAP                    Decreasing Long               27,089      8.1185 GBP
 25p ordinary           SWAP                    Decreasing Long               34,239      8.1122 GBP
 25p ordinary           SWAP                    Decreasing Long               50,959      8.0894 GBP
 25p ordinary           SWAP                    Decreasing Long               111,556     8.1053 GBP
 25p ordinary           SWAP                    Decreasing Long               178,821     8.0994 GBP
 25p ordinary           SWAP                    Decreasing Short              356         8.2380 GBP
 25p ordinary           SWAP                    Decreasing Short              359         8.1879 GBP
 25p ordinary           SWAP                    Decreasing Short              13,877      8.1187 GBP
 25p ordinary           SWAP                    Increasing Long               78          8.2419 GBP
 25p ordinary           SWAP                    Increasing Long               729         8.0943 GBP
 25p ordinary           SWAP                    Increasing Long               5,683       8.1168 GBP
 25p ordinary           SWAP                    Increasing Short              58          8.2359 GBP
 25p ordinary           CFD                     Increasing Short              354         8.1821 GBP
 25p ordinary           CFD                     Increasing Short              700         8.1124 GBP
 25p ordinary           CFD                     Increasing Short              1,014       8.1053 GBP
 25p ordinary           SWAP                    Increasing Short              1,214       8.1221 GBP
 25p ordinary           SWAP                    Increasing Short              1,502       8.1852 GBP
 25p ordinary           CFD                     Increasing Short              5,136       8.1233 GBP
 25p ordinary           CFD                     Increasing Short              12,837      8.0964 GBP
 25p ordinary           SWAP                    Increasing Short              15,000      8.1225 GBP

 

 (c)                Stock-settled derivative transactions (including options)
 (i)                Writing, selling, purchasing or varying
 Class              Product        Writing,            Number         Exercise         Type             Expiry              Option
 of                 description    purchasing,         of             price                             date                money
 relevant                          selling,            securities     per unit                                              paid/
 security                          varying etc         to which                                                             received
                                                       option                                                               per unit
                                                       relates

 (ii)               Exercising
 Class of relevant                 Product description                Exercising/ exercised against     Number of           Exercise price per
 security                                                                              securities       unit

 (d)                Other dealings (including subscribing for new securities)
 Class of relevant                 Nature of Dealings                 Details                           Price per unit (if
 security                                                                              applicable)

 4.                                                                   OTHER INFORMATION
 (a)                Indemnity and other dealings arrangements
 Details of any indemnity or option arrangement, or any agreement or
 understanding,
 formal or informal, relating to relevant securities which may be an inducement
 to deal
 or refrain from dealing entered into by the exempt principal trader making the
 disclosure and any party
 to the offer or any person acting in concert with a party to the offer:
 NONE
 (b)                Agreements, arrangements or understandings relating to options or derivatives
 Details of any agreement, arrangement or understanding, formal or informal,
 between
 the exempt principal trader making the disclosure and any other person
 relating to:
 (i)   the voting rights of any relevant securities under any option; or
 (ii)   the voting rights of future acquisition or disposal of any relevant
 securities to which
 any derivative is referenced:
 NONE
 (c)                Attachments
 Is a Supplemental Form 8 (Open Positions) attached?                  NO
 Date of disclosure:                                                  18 Mar 2022
 Contact name:                                                        Large Holdings Regulatory Operations
 Telephone number:                                                    020 3134 7213

 

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