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REG - Pearson PLC Schroders PLC - Holding(s) in Company <Origin Href="QuoteRef">PSON.L</Origin> <Origin Href="QuoteRef">SDR.L</Origin>

RNS Number : 0414I
Pearson PLC
04 December 2015

NOTIFICATION OF MAJOR INTEREST IN SHARES



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:

Pearson plc

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached.


An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


An event changing the breakdown of voting rights


Other (please specify):



3. Full name of person(s) subject to the
notification obligation:

Schroders plc

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

Schroder Investment Management Limited

5. Date of the transaction and date on
which the threshold is crossed or
reached:

2 December 2015

6. Date on which issuer notified:

3 December 2015

7. Threshold(s) that is/are crossed or
reached:

Above 5%



8. Notified details:

A: Voting rights attached to shares

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights

Direct

Indirect

Direct

Indirect

Ordinary shares

GB0006776081

Below 5%

Below 5%

43,233,562

N/A

42,151,560

N/A

5.134%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date

Exercise/
Conversion Period

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

% of voting
rights

N/A

N/A

N/A

N/A

N/A


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date

Exercise/
Conversion period

Number of voting rights instrument refers to

% of voting rights

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

42,151,560

5.134%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Schroder Investment Management Limited 42,151,560 5.134%


Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease
to hold:

N/A

12. Date on which proxy holder will cease to hold
voting rights:

N/A



13. Additional information:

This notification is being made based on the legal entity position exceeding 5%. Schroders Plc's position remains as per the previous disclosure. The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. This disclosure has been calculated based on issue share capital amount 821,066,980.

14. Contact name:

Chloe Talbot

15. Contact telephone number:

+44 207 658 6000

Natalie Dale

Assistant Company Secretary

Pearson plc

4 December 2015


This information is provided by RNS
The company news service from the London Stock Exchange
END
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