Form 8.5 (EPT/NON-RI) Pearson plc

RNS Number : 7679G

Barclays PLC

31 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:		30 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:		25p ordinary
		Interests		Short Positions
		Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:	7,692,196	1.02%	3,937,978	0.52%

(2)	Cash-settled derivatives:
		3,736,082	0.49%	3,683,222	0.49%

(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:	0	0.00%	0	0.00%


	TOTAL:	11,428,278	1.51%	7,621,200	1.01%

(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
25p ordinary		Purchase	1,527,053	7.8320 GBP	6.946 GBP
25p ordinary		Sale	938,782	7.8260 GBP	6.946 GBP

(b)	Cash-settled derivative transactions
Class of		Product	Nature of dealing	Number of	Price per
relevant		description		reference	unit
security				securities
25p ordinary		SWAP	Decreasing Long	85	7.3114 GBP
25p ordinary		SWAP	Decreasing Long	260,919	6.9839 GBP
25p ordinary		SWAP	Decreasing Long	390,661	7.1502 GBP
25p ordinary		CFD	Decreasing Short	516	7.3926 GBP
25p ordinary		CFD	Decreasing Short	2,934	7.7072 GBP
25p ordinary		SWAP	Decreasing Short	4,218	6.9628 GBP
25p ordinary		CFD	Decreasing Short	9,495	7.4265 GBP
25p ordinary		SWAP	Decreasing Short	12,045	7.3410 GBP
25p ordinary		SWAP	Decreasing Short	54,219	7.3920 GBP
25p ordinary		CFD	Decreasing Short	65,280	7.3920 GBP
25p ordinary		SWAP	Increasing Long	316	7.4489 GBP
25p ordinary		SWAP	Increasing Long	4,084	7.1315 GBP
25p ordinary		SWAP	Increasing Long	4,510	7.3294 GBP
25p ordinary		SWAP	Increasing Long	4,945	7.2730 GBP
25p ordinary		SWAP	Increasing Long	22,927	7.1370 GBP
25p ordinary		SWAP	Increasing Long	52,762	7.1750 GBP
25p ordinary		SWAP	Increasing Long	54,219	7.3920 GBP
25p ordinary		SWAP	Increasing Long	59,268	7.1768 GBP
25p ordinary		SWAP	Increasing Long	93,912	7.3130 GBP
25p ordinary		SWAP	Increasing Long	101,551	7.3454 GBP
25p ordinary		SWAP	Increasing Long	208,322	7.1557 GBP
25p ordinary		SWAP	Increasing Long	225,415	7.2976 GBP
25p ordinary		SWAP	Increasing Long	314,433	7.2462 GBP
25p ordinary		SWAP	Increasing Short	650	7.8126 GBP
25p ordinary		SWAP	Increasing Short	38,100	7.3923 GBP
25p ordinary		SWAP	Increasing Short	42,948	7.2194 GBP
25p ordinary		SWAP	Opening Short	5,000	7.3909 GBP
25p ordinary		SWAP	Opening Short	6,768	7.3172 GBP
25p ordinary		SWAP	Opening Short	14,349	7.2606 GBP
25p ordinary		SWAP	Opening Long	9,000	7.0735 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				Exercising/ exercised against		securities	unit


(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security				Details		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:				31 Mar 2022
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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