Cevian Capital secures a board seat at Pearson PLC

Cevian Capital II GP LTD filed a Schedule 13D amendment on Sept. 23, 2026 reporting beneficial ownership of 116,765,346 shares of Pearson PLC Ordinary Shares, par value GBP 0.25, or 19.4% of the class. The filing gives Sept. 22, 2026 as the date of the event that required it.

The filing says:

"On September 22, 2026, the Reporting Person entered into a relationship agreement (the "Relationship Agreement") with the Issuer pursuant to which the Issuer agreed, subject to the terms and conditions of the Relationship Agreement, to appoint Alexander Svensson (the "Shareholder Director") to serve as a non-executive director of the Issuer's board of directors (the "Board") and as a member of the Nomination & Governance Committee of the Board with effect from October 1, 2026, and to recommend the re-election of the Shareholder Director at each annual general meeting of the Issuer during the term of the Relationship Agreement."