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

PearsonAnnouncement

23/03/2022 10:30

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RNS Number : 7519F  Barclays PLC  23 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:                                                    22 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:                                6,711,134           0.89%               3,651,235           0.48%

 (2)                Cash-settled derivatives:
                                                                      3,408,413           0.45%               2,633,772           0.35%

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

                    TOTAL:                                            10,119,547          1.34%               6,285,007           0.83%

 (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                                     391,837                                 7.9520 GBP              7.8618 GBP
 25p ordinary                                Sale                                         457,115                                 7.9560 GBP              7.8762 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                         110                     7.9040 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         171                     7.9006 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         398                     7.9081 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         769                     7.9340 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         1,093                   7.9030 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         6,068                   7.8968 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         8,591                   7.8995 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         11,166                  7.9100 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         13,316                  7.8999 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         13,483                  7.9114 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         19,563                  7.9134 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         20,775                  7.8756 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         22,040                  7.8854 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         28,481                  7.8749 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         32,819                  7.8951 GBP
 25p ordinary                                 SWAP                                        Decreasing Long                         51,590                  7.9212 GBP
 25p ordinary                                 SWAP                                        Decreasing Short                        98                      7.9160 GBP
 25p ordinary                                 SWAP                                        Decreasing Short                        529                     7.8659 GBP
 25p ordinary                                 CFD                                         Decreasing Short                        1,112                   7.9334 GBP
 25p ordinary                                 SWAP                                        Decreasing Short                        9,596                   7.9243 GBP
 25p ordinary                                 CFD                                         Decreasing Short                        12,993                  7.8923 GBP
 25p ordinary                                 SWAP                                        Decreasing Short                        21,228                  7.9033 GBP
 25p ordinary                                 CFD                                         Decreasing Short                        42,644                  7.9100 GBP
 25p ordinary                                 SWAP                                        Increasing Long                         288                     7.9139 GBP
 25p ordinary                                 SWAP                                        Increasing Long                         576                     7.9139 GBP
 25p ordinary                                 SWAP                                        Increasing Long                         811                     7.9152 GBP
 25p ordinary                                 SWAP                                        Increasing Long                         13,572                  7.9096 GBP
 25p ordinary                                 SWAP                                        Increasing Long                         21,228                  7.9033 GBP
 25p ordinary                                 SWAP                                        Increasing Short                        87                      7.8705 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:                                                                      23 Mar 2022
 Contact name:                                                                            Large Holdings Regulatory Operations
 Telephone number:                                                                        020 3134 7213

 

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