NOTIFICATION OF MAJOR INTEREST IN SHARES |
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1. Identity of the issuer or the underlying issuer |
Pearson plc |
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2. Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached.
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
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An event changing the breakdown of voting rights |
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Other (please specify):
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3. Full name of person(s) subject to the |
Ameriprise Financial, Inc. and its group |
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4. Full name of shareholder(s) |
Nortrust Nominees Ltd Vidacos Nominees Ltd State Street Nominees Limited HSBC Global Custody Nominee (UK) Limited Chase Nominees Limited Roy Nominees Ltd The Bank of New York (Nominees) Limited BNP Paribas Nominees Pty Limited BNY Mellon Nominees Ltd State Street Bank and Trust Company |
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5. Date of the transaction and date on |
8 April 2016 |
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6. Date on which issuer notified: |
12 April 2016 |
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7. Threshold(s) that is/are crossed or
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Above the threshold of 5% |
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8. Notified details:
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A: Voting rights attached to shares |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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Ordinary shares GB0006776081 |
N/A |
N/A |
318,779 |
318,779 |
40,850,796 |
0.039% |
4.972% |
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US7050151056 |
N/A |
N/A |
0 |
0 |
66,800 |
0% |
0.008% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial
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Exercise price |
Expiration date |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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41,236,375 |
5.019% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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Threadneedle Asset Management Limited (4.763%) Columbia Management Investment Advisers, LLC (0.255%) Ameriprise Financial Services, Inc. (0.001%) Columbia Management Investment Advisers, LLC is wholly owned by Ameriprise Financial, Inc. Ameriprise Financial Services, Inc. is wholly owned by AMPF Holding Corporation, which is itself wholly owned by Ameriprise Financial, Inc. Threadneedle Asset Management Limited is wholly owned by TC Financing Limited, which is itself wholly owned by Threadneedle Asset Management Holdings Limited, which is itself wholly owned by TAM UK Holdings Limited, which is itself wholly owned by Threadneedle Holdings Limited, which is itself wholly owned by Threadneedle Asset Management Holdings SARL, which is itself wholly owned by Ameriprise International Holdings GmbH, which is itself wholly owned by Ameriprise Financial, Inc. |
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Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
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11. Number of voting rights proxy holder will cease |
N/A |
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12. Date on which proxy holder will cease to hold |
N/A |
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The Shares referred to in section 9 of this form are held in portfolios and funds managed on a discretionary basis by the entities set out in section 9. Please note that the Shares are held through certain nominee companies. |
14. Contact name: |
Mark Powney, Threadneedle Asset Management Ltd. |
15. Contact telephone number: |
+44 (0) 1793 363 135 |
Natalie Dale
Deputy Company Secretary
Pearson plc
13 April 2016