NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant
issuer and to the FCA in Microsoft Word format if possible)
i
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1a. Identity of the issuer or the underlying issuer of existing
shares to which voting rights are attached ii :
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Pearson
plc
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1b. Please indicate if the issuer is a non-UK issuer
(please mark with an "X" if
appropriate)
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Non-UK issuer
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2. Reason for the notification (please mark the appropriate
box or boxes with an "X")
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An
acquisition or disposal of voting rights
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X
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An
acquisition or disposal of financial instruments
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An
event changing the breakdown of voting rights
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Other
(please specify)iii:
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3. Details of person subject to the notification obligation
iv
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Name
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Silchester
International Investors LLP
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City
and country of registered office (if applicable)
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London,
UK
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4. Full name of shareholder(s) (if different from 3.)
v
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Name
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No
individual shareholder holds more than 5% of voting
rights.
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City
and country of registered office (if applicable)
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Not
applicable.
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5. Date on which the threshold was crossed or reached
vi
:
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17th February
2020
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6. Date on which issuer notified
(DD/MM/YYYY):
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18th February
2020
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7. Total positions of person(s) subject to the notification
obligation
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% of
voting rights attached to shares (total of 8. A)
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% of
voting rights through financial instruments
(total
of 8.B 1 + 8.B 2)
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Total
of both in % (8.A + 8.B)
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Total
number of voting rights of issuer vii
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||
Resulting
situation on the date on which threshold was crossed or
reached
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11.00%
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Nil
|
11.00%
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773,346,233
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||
Position
of previous notification (if
applicable)
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10.03%
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Nil
|
10.03%
|
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8. Notified details of the resulting situation on the date on which
the threshold was crossed or reached viii
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A: Voting rights attached to shares
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Class/type ofshares
ISIN
code (if possible)
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Number of voting rights ix
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% of voting rights
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Direct
(Art 9
of Directive 2004/109/EC) (DTR5.1)
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Indirect
(Art 10
of Directive 2004/109/EC) (DTR5.2.1)
|
Direct
(Art 9
of Directive 2004/109/EC) (DTR5.1)
|
Indirect
(Art 10
of Directive 2004/109/EC) (DTR5.2.1)
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GB0006776081
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Nil
|
85,106,480
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Nil
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11.00%
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SUBTOTAL 8. A
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85,106,480
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11.00%
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B 1: Financial Instruments according to Art. 13(1)(a) of Directive
2004/109/EC (DTR5.3.1.1 (a))
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Type of financial instrument
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Expirationdate x
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Exercise/Conversion Period xi
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Number of voting rights that may be acquired if the instrument is
exercised/converted.
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% of voting rights
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N/A
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N/A
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N/A
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N/A
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N/A
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SUBTOTAL 8. B 1
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N/A
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N/A
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B 2: Financial Instruments with similar economic effect according
to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1
(b))
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Type of financial instrument
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Expirationdate x
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Exercise/Conversion Period xi
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Physical or cash Settlement xii
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Number of voting rights
|
% of voting rights
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N/A
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N/A
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N/A
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N/A
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N/A
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N/A
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SUBTOTAL 8.B.2
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N/A
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N/A
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9. Information in relation to the person subject to the
notification obligation (please mark the applicable box with
an "X")
|
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Person
subject to the notification obligation is not controlled by any
natural person or legal entity and does not control any other
undertaking(s) holding directly or indirectly an interest in the
(underlying) issuer xiii
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X
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Full
chain of controlled undertakings through which the voting rights
and/or thefinancial instruments are effectively held starting with
the ultimate controlling natural person or legal entity
xiv
(please add additional rows as necessary)
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Name xv
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% of voting rights if it equals or is higher than the notifiable
threshold
|
% of voting rights through financial instruments if it equals or is
higher than the notifiable threshold
|
Total of both if it equals or is higher than the notifiable
threshold
|
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N/A
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10. In case of proxy voting, please identify:
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Name of
the proxy holder
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Silchester
International Investors LLP
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The
number and % of voting rights held
|
N/A
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The
date until which the voting rights will be held
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N/A
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11. Additional information xvi
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Silchester
International Investors LLP ("Silchester") acts as investment
manager for certain commingled funds (our "Clients"). In acting for
our Clients, Silchester is given full discretion over their
investments and is empowered to vote on their behalf. However, we
do not act as our Clients' custodian and therefore shares are not
held in our name but in the name of each Client's custodian bank.
The change in Silchester's holdings was due to a series of
transactions over a series of different trading days.
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Place of completion
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London,
UK
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Date of completion
|
18th February
2020
|
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PEARSON
plc
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Date: 18
February 2020
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By: /s/
NATALIE WHITE
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------------------------------------
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Natalie
White
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Deputy
Company Secretary
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