Holding(s) in Company

RNS Number : 0451V
Pearson PLC
13 April 2016
 

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:

Ameriprise Financial, Inc. and its group

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

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

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

8 April 2016

6. Date on which issuer notified:

12 April 2016

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

 

Above the threshold of 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

N/A

N/A

318,779

318,779

40,850,796

0.039%

4.972%

US7050151056

N/A

N/A

0

0

66,800

0%

0.008%


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







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

 






Nominal

Delta



 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

41,236,375

5.019%

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

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.


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:

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


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