Form 8.5 (EPT/NON-RI) Pearson plc

RNS Number : 7104E

Barclays PLC

14 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:		11 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:			PEARSON PLC
			Interests		Short Positions
			Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:		6,234,248	0.82%	2,894,519	0.38%
(2)	Cash-settled derivatives:
			2,691,686	0.36%	2,515,176	0.33%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:		0	0.00%	0	0.00%
	TOTAL:		8,925,934	1.18%	5,409,695	0.71%

(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
PEARSON PLC		Purchase		3,948,530		8.0080 GBP	6.514 GBP
PEARSON PLC		Sale		5,802,602		8.0029 GBP	6.594 GBP

(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
PEARSON PLC		SWAP		Opening Long		28	6.5787 GBP
PEARSON PLC		SWAP		Opening Long		72	6.5500 GBP
PEARSON PLC		SWAP		Opening Long		638	6.5940 GBP
PEARSON PLC		SWAP		Opening Long		1,391	7.6659 GBP
PEARSON PLC		SWAP		Opening Long		1,596	8.0251 GBP
PEARSON PLC		SWAP		Opening Long		3,986	8.0102 GBP
PEARSON PLC		SWAP		Opening Long		4,793	7.8296 GBP
PEARSON PLC		SWAP		Opening Long		7,868	6.9377 GBP
PEARSON PLC		SWAP		Opening Long		8,582	7.4506 GBP
PEARSON PLC		SWAP		Opening Long		11,732	7.9333 GBP
PEARSON PLC		SWAP		Opening Long		14,815	6.8575 GBP
PEARSON PLC		SWAP		Opening Long		20,000	6.6495 GBP
PEARSON PLC		SWAP		Opening Long		37,255	7.4767 GBP
PEARSON PLC		SWAP		Opening Long		37,368	7.5685 GBP
PEARSON PLC		SWAP		Opening Long		38,354	7.8435 GBP
PEARSON PLC		SWAP		Opening Long		42,438	7.4136 GBP
PEARSON PLC		SWAP		Opening Long		62,395	7.0827 GBP
PEARSON PLC		SWAP		Opening Long		74,740	7.3877 GBP
PEARSON PLC		SWAP		Opening Long		81,073	7.5399 GBP
PEARSON PLC		SWAP		Opening Long		89,962	7.7056 GBP
PEARSON PLC		SWAP		Opening Long		117,769	7.6481 GBP
PEARSON PLC		SWAP		Opening Long		120,740	7.5832 GBP
PEARSON PLC		SWAP		Opening Long		199,693	7.8184 GBP
PEARSON PLC		SWAP		Opening Long		208,417	7.6941 GBP
PEARSON PLC		SWAP		Opening Long		210,306	7.9400 GBP
PEARSON PLC		SWAP		Opening Long		212,868	7.4011 GBP
PEARSON PLC		SWAP		Opening Long		217,523	7.6623 GBP
PEARSON PLC		SWAP		Opening Long		222,039	7.8549 GBP
PEARSON PLC		SWAP		Opening Long		276,262	6.7764 GBP
PEARSON PLC		SWAP		Opening Long		2,280,366	7.8458 GBP
PEARSON PLC		SWAP		Opening Short		308	7.0849 GBP
PEARSON PLC		SWAP		Opening Short		342	7.3062 GBP
PEARSON PLC		SWAP		Opening Short		399	7.9478 GBP
PEARSON PLC		SWAP		Opening Short		713	7.6062 GBP
PEARSON PLC		SWAP		Opening Short		902	7.8083 GBP
PEARSON PLC		SWAP		Opening Short		1,426	7.6062 GBP
PEARSON PLC		CFD		Opening Short		4,258	7.1134 GBP
PEARSON PLC		SWAP		Opening Short		6,000	7.7437 GBP
PEARSON PLC		SWAP		Opening Short		9,669	7.5536 GBP
PEARSON PLC		SWAP		Opening Short		10,607	7.7526 GBP
PEARSON PLC		SWAP		Opening Short		12,593	7.9034 GBP
PEARSON PLC		SWAP		Opening Short		15,078	7.7022 GBP
PEARSON PLC		CFD		Opening Short		16,034	7.1091 GBP
PEARSON PLC		CFD		Opening Short		16,185	7.1413 GBP
PEARSON PLC		SWAP		Opening Short		22,034	7.7924 GBP
PEARSON PLC		SWAP		Opening Short		24,122	6.7954 GBP
PEARSON PLC		SWAP		Opening Short		59,250	7.8099 GBP
PEARSON PLC		SWAP		Opening Short		63,250	7.3201 GBP
PEARSON PLC		CFD		Opening Short		206,087	7.9249 GBP
PEARSON PLC		SWAP		Opening Long		11,086	7.7451 GBP
PEARSON PLC		SWAP		Opening Long		1,024,112	7.5605 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:				14 Mar 2022
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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