Artisan boosts Pearson (NYSE: PSO) stake to 11.006% of voting rights
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Pearson plc reports a notification of major holdings from Artisan Partners Limited Partnership. Artisan now holds 66,909,195 voting rights in Pearson, representing 11.006052% of the company’s voting rights attached to shares, with no additional exposure through financial instruments.
The position increased from a previously notified level of 10.108540% of voting rights. The holding is structured through a chain of controlled undertakings under Artisan Partners Asset Management Inc., with the disclosed stake concentrated in direct voting rights to Pearson shares.
Positive
- None.
Negative
- None.
Key Figures
Current voting rights percentage: 11.006052%
Current voting rights held: 66,909,195 voting rights
Previous voting rights percentage: 10.108540%
+1 more
4 metrics
Current voting rights percentage
11.006052%
Resulting situation when threshold crossed
Current voting rights held
66,909,195 voting rights
Resulting situation when threshold crossed
Previous voting rights percentage
10.108540%
Position of previous notification
Financial instruments voting rights
0.000000%
Voting rights through financial instruments
Key Terms
TR-1, voting rights attached to shares, financial instruments, ultimate controlling person, +1 more
5 terms
TR-1 regulatory
"TR-1: Standard form for notification of major holdings"
A TR-1 is a financial form used by investors to report significant ownership stakes in a company, typically when they acquire or dispose of a large number of shares. It helps keep the market informed about major shareholders and potential changes in control, allowing other investors to make better-informed decisions. This transparency encourages fair trading and reduces surprises related to ownership shifts.
financial instruments financial
"% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)"
Financial instruments are assets or contracts that hold monetary value and can be bought, sold, or traded. They serve as tools for investors to grow, protect, or transfer money, much like how a ticket or voucher can be used to access goods or services. These instruments help individuals and organizations manage financial goals and risks across different markets and economic conditions.
ultimate controlling person regulatory
"Ultimate controlling person | Name of controlled undertaking"
proxy voting regulatory
"10. In case of proxy voting Name of the proxy holder"
Proxy voting is a process that allows investors to have their voting power on company decisions exercised by someone else if they cannot attend meetings in person. It ensures that their opinions are still represented, similar to authorizing someone else to vote on their behalf at an election. This helps investors influence company actions even when they cannot be physically present.
FAQ
Did the percentage of voting rights in Pearson (PSO) change in this notification?
Yes, the notified percentage of voting rights increased. Artisan Partners’ holding rose from a previously notified 10.108540% of Pearson’s voting rights to 11.006052%, all represented by direct voting rights attached to Pearson shares, with no reported derivative instruments.
Are there any financial instruments reported in the Pearson (PSO) TR-1 filing?
No financial instruments with attached voting rights are reported. The TR-1 shows 0.000000% of voting rights through financial instruments, meaning the entire 11.006052% interest in Pearson is held as voting rights attached directly to the company’s shares.