TR-1: 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 |
Yes |
||||||||
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:
|
Legal & General Group Plc (L&G) |
||||||||
4. Full name of shareholder(s) (if different from 3.):
|
N/A |
||||||||
5. Date of the transaction and date on which the threshold is crossed or reached:
|
26 October 2011 |
||||||||
6. Date on which issuer notified:
|
27 October 2011 |
||||||||
7. Threshold(s) that is/are crossed or reached:
|
From 4% to 3% |
||||||||
8. Notified details: |
|
||||||||
A: Voting rights attached to shares |
|
||||||||
Class/type of
|
Situation previous |
Resulting situation after the triggering transaction |
|
||||||
Number |
Number |
Number |
Number of voting |
% of voting rights |
|
||||
Direct |
Direct |
Indirect |
Direct |
Indirect |
|
||||
Ordinary 25p |
32,673,972
(as on 03/08/2011)
|
32,385,175 |
32,385,175 |
|
3.97% |
|
|
||
|
|
||||||||
B: Qualifying Financial Instruments |
|||||||||
Resulting situation after the triggering transaction |
|||||||||
Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
|||||
|
|
|
|
|
|||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
|||||||||
Resulting situation after the triggering transaction |
|||||||||
Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights
|
||||
|
|
|
|
|
Nominal |
Delta
|
|||
|
|
||||||||
Total (A+B+C) |
|||||||||
Number of voting rights |
Percentage of voting rights |
||||||||
32,385,175 |
3.97% |
||||||||
9. Chain of controlled undertakings through which the voting rights and/or the |
|||||||||||||||||||||||||
|
|||||||||||||||||||||||||
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: |
Notification using the total voting rights figure of 814,885,470 |
||||||||||||||||||||||||
14. Contact name:
|
Daksha Hirani, Assistant Company Secretary |
||||||||||||||||||||||||
15. Contact telephone number:
|
020 7010 2261 |