REG - Pearson PLC - Holding(s) in Company

PearsonAnnouncement

16/06/2022 13:15

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RNS Number : 1775P  Pearson PLC  16 June 2022

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0006776081

Issuer Name

PEARSON PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Cevian Capital II G.P. Limited

City of registered office (if applicable)

`St Helier

Country of registered office (if applicable)

Jersey

4. Details of the shareholder

 Name                                                                             City of registered office                                                        Country of registered office

 Aurora Nominees Limited                                                          London                                                                           England

5. Date on which the threshold was crossed or reached

13-Jun-2022

6. Date on which Issuer notified

15-Jun-2022

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

                                                                                                    % of voting rights attached to                                                  % of voting rights through                                                  Total of both in % (8.A + 8.B)                                                  Total number of voting rights
                                                                            shares (total of 8.A)                                                           financial instruments (total of 8.B 1 + 8.B 2)
                                                                               held in issuer

 Resulting situation on the date on which threshold was crossed or reached  11.158585                                                                       0.000000                                                                    11.158585                                                                       82952354
 Position of previous notification (if applicable)                          10.190092                                                                       0.000000                                                                    10.190092

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

8A. Voting rights attached to shares

                                 Class/Type of                                                                  Number of                                                                  Number of                                                                  % of direct                                                                  % of indirect
 shares ISIN code(if possible)                                                  direct voting rights (DTR5.1)                                              indirect voting rights (DTR5.2.1)                                          voting rights (DTR5.1)                                                       voting rights (DTR5.2.1)

                                                                                                                                                           82952354                                                                                                                                                11.158585

 GB0006776081

                                                                                82952354                                                                                                                                              11.158585%

                                 Sub Total 8.A

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

                                 Type of                                                                         Expiration date                                                                                                                                   Number of                                                                     % of voting
 financial instrument
                                                                                Exercise/conversion period                                       voting rights that may be acquired if the instrument is exercised/converted   rights

                                 Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

                                 Type of                                                                         Expiration date                                                                                                                                   Physical or                                                                  Number of                                                                  % of voting
 financial instrument
                                                                                Exercise/conversion period                                       cash settlement                                                              voting rights                                                              rights

                                 Sub Total 8.B2

9. Information in relation to the person subject to the notification
obligation

2. 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 entities (please add additional
rows as necessary)

                                 Ultimate                                                                        Name of                                                                                                                                                      % of voting                                                                  Total of both
 controlling person                                                              controlled undertaking
                                                                            rights through financial instruments if it equals or is higher than the      if it equals or is higher than the notifiable threshold

                                                                                                               % of voting                                  notifiable threshold

                                                                                                                                                                 rights if it equals or is higher than the notifiable threshold

                                                                                                                                                                 11.158585                                                                                                                                                 11.158585%

                                     Cevian                                                                          Cevian
 Capital II G.P. Limited                                                         Capital II Master Fund L.P.

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

Cevian Capital II G.P. Limited acts as general partner for Cevian Capital II
Master Fund L.P.

The legal owner of the shares is Aurora Nominees Limited (acting as nominee),
which holds the shares on behalf of UBS AG (acting as custodian).

12. Date of Completion

15-Jun-2022

13. Place Of Completion

Jersey

 

 

 

Emily Spooner

Assistant Company Secretary

Pearson plc

16(th) June 2022

 

 

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