REG - Goldman Sachs (EPT) Pearson PLC - Form 8.5 (EPT/RI)

PearsonAnnouncement

18/03/2022 11:30

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RNS Number : 2963F  GoldmanSachs International  18 March 2022

 

FORM 8.5 (EPT/RI)

 

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED
INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

 (a) Name of exempt principal trader:                                            (GS) GOLDMAN SACHS INTERNATIONAL
 (b) Name of offeror/offeree in relation to whose relevant securities this form  PEARSON PLC
 relates:

      Use a separate form for each offeror/offeree
 (c) Name of the party to the offer with which exempt principal trader is        PEARSON PLC
 connected:
 (d) Date dealing undertaken:                                                    17 March 2022
 (e) In addition to the company in 1(b) above, is the exempt principal trader    N/A
 making disclosures in respect of any other party to the offer?

      If it is a cash offer or possible cash offer, state "N/A"

 

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

 

Where there have been dealings in more than one class of relevant securities
of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as
appropriate) for each additional class of relevant security dealt in.

 

The currency of all prices and other monetary amounts should be stated.

 

(a)        Purchases and sales

 

 Class of relevant security  Purchases/ sales  Total number of securities  Highest price per unit paid/received  Lowest price per unit paid/received

 25p ordinary                Purchases         1,527,311                   8.3640 GBP                            8.0400 GBP
 25p ordinary                Sales             3,327,596                   8.4360 GBP                            8.0360 GBP
 ADR                         Purchases         1,800                       10.8000 USD                           10.7460 USD
 ADR                         Sales             1,800                       10.8000 USD                           10.7460 USD

 

 

 

(b)        Cash-settled derivative transactions

 

 Class of relevant security  Product description  Nature of dealing                                                              Number of reference securities  Price per unit

                             e.g. CFD             e.g. opening/closing a long/short position, increasing/reducing a long/short
                                                  position
 25p ordinary                CFD                  Reducing a long position                                                       1,100                           8.0779 GBP
 25p ordinary                CFD                  Reducing a long position                                                       4,750                           8.0894 GBP
 25p ordinary                CFD                  Reducing a long position                                                       35,709                          8.0894 GBP
 25p ordinary                CFD                  Reducing a long position                                                       32,077                          8.0894 GBP
 25p ordinary                CFD                  Reducing a long position                                                       241                             8.0894 GBP
 25p ordinary                CFD                  Reducing a long position                                                       241                             8.0894 GBP
 25p ordinary                CFD                  Reducing a short position                                                      336                             8.0923 GBP
 25p ordinary                CFD                  Increasing a long position                                                     85                              8.0968 GBP
 25p ordinary                CFD                  Increasing a long position                                                     375                             8.0976 GBP
 25p ordinary                CFD                  Increasing a long position                                                     440                             8.0976 GBP
 25p ordinary                CFD                  Increasing a long position                                                     173                             8.0976 GBP
 25p ordinary                CFD                  Increasing a long position                                                     128,603                         8.1004 GBP
 25p ordinary                CFD                  Opening a short position                                                       28,438                          8.1021 GBP
 25p ordinary                CFD                  Reducing a long position                                                       10,793                          8.1021 GBP
 25p ordinary                CFD                  Reducing a long position                                                       242                             8.1032 GBP
 25p ordinary                CFD                  Opening a short position                                                       7,000                           8.1041 GBP
 25p ordinary                CFD                  Reducing a short position                                                      1,500                           8.1135 GBP
 25p ordinary                CFD                  Reducing a long position                                                       17,052                          8.1185 GBP
 25p ordinary                CFD                  Reducing a long position                                                       2,525                           8.1185 GBP
 25p ordinary                CFD                  Reducing a long position                                                       18,982                          8.1185 GBP
 25p ordinary                CFD                  Reducing a long position                                                       129                             8.1185 GBP
 25p ordinary                CFD                  Reducing a long position                                                       128                             8.1185 GBP
 25p ordinary                CFD                  Reducing a long position                                                       330                             8.1212 GBP
 25p ordinary                CFD                  Opening a short position                                                       22,706                          8.1271 GBP
 25p ordinary                CFD                  Opening a short position                                                       15,866                          8.1419 GBP
 25p ordinary                CFD                  Increasing a short position                                                    300                             8.1480 GBP
 25p ordinary                CFD                  Reducing a short position                                                      180                             8.1656 GBP
 25p ordinary                CFD                  Opening a long position                                                        25,000                          8.2043 GBP

 

 

 

(c)        Stock-settled derivative transactions (including options)

 

(i)         Writing, selling, purchasing or varying

 

 Class of relevant security  Product description e.g. call option  Writing, purchasing, selling, varying etc.  Number of securities to which option relates  Exercise price per unit  Type                           Expiry date  Option money paid/ received per unit

                                                                                                                                                                                      e.g. American, European etc.

 

(ii)        Exercise

 

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

                             e.g. call option

 

(d)        Other dealings (including subscribing for new securities)

 

 Class of relevant security  Nature of dealing               Details  Price per unit (if applicable)

                             e.g. subscription, conversion

 

 

3.         OTHER INFORMATION

 

(a)        Indemnity and other dealing 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:

 Irrevocable commitments and letters of intent should not be included. If there
 are no such agreements, arrangements or understandings, state "none"

 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 or future acquisition or disposal of any relevant
 securities to which any derivative is referenced:

 If there are no such agreements, arrangements or understandings, state "none"

 NONE

 

 

 Date of disclosure:  18 March 2022
 Contact name:        Papa Lette and Andrzej Szyszka
 Telephone number:    +33(1) 4212 1459 / +48(22) 317 4817

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory
Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation
to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk
(http://www.thetakeoverpanel.org.uk) .

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