Source - LSE Regulatory
RNS Number : 7214U
Pearson PLC
07 April 2021
 

Pearson plc - (the "Company")

Notification of PDMR's Interests

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Timothy Bozik

2

Reason for the notification

a)

Position/status

President - Higher Education

b)

Initial notification

/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Pearson plc

b)

LEI

2138004JBXWWJKIURC57

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Ordinary shares of 25 pence each in Pearson plc

American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc

 

 

Identification code

ISIN: GB0006776081

ISIN: US7050151056

b)

Nature of the transaction

Allotment of ordinary shares following release of share award under the Company's Management Incentive Plan (MIP) and sale of shares to cover tax liabilities arising from vesting share awards

c)

Price(s) and volume(s)

Allotment of ordinary shares following release of MIP award

Sale of ordinary shares to cover tax liability

 

Conversion of residual ordinary shares to ADRs

Volume: 128,583

 

Price : n/a

Volume: 62,358

 

Price: £7.79034 per share

 

Aggregated price: £485,790

Volume: 66,225

 

Price: n/a

 

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above

e)

Date of the transaction

31 March 2021

f)

Place of the transaction

London Stock Exchange (XLON)

New York Stock Exchange (NYSE)

           

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Roderick Bristow

2

Reason for the notification

a)

Position/status

President, Pearson UK & Global Online Learning

b)

Initial notification

/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Pearson plc

b)

LEI

2138004JBXWWJKIURC57

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Ordinary shares of 25 pence each in Pearson plc

 

Identification code

ISIN: GB0006776081

b)

Nature of the transaction

Allotment of ordinary shares following release of share award under the Company's Management Incentive Plan (MIP) and sale of shares to cover tax liabilities arising from vesting share awards

c)

Price(s) and volume(s)

Allotment of ordinary shares following release of MIP award

Sale of shares to cover tax liability

Volume: 93,928

 

Price : n/a

Volume: 44,280

 

Price: £7.79034 per share

 

Aggregated price: £344,956

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above

e)

Date of the transaction

31 March 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Giovanni Giovannelli

2

Reason for the notification

a)

Position/status

President - English Language Learning

b)

Initial notification

/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Pearson plc

b)

LEI

2138004JBXWWJKIURC57

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Ordinary shares of 25 pence each in Pearson plc

 

Identification code

ISIN: GB0006776081

b)

Nature of the transaction

Allotment of ordinary shares following release of share award under the Company's Management Incentive Plan (MIP) and sale of shares to cover tax liabilities arising from vesting share awards

c)

Price(s) and volume(s)

Allotment of ordinary shares following release of MIP award

Sale of shares to cover tax liability

Volume: 119,606

 

Price : n/a

Volume: 20,516

 

Price: £7.79034 per share

 

Aggregated price: £159,827

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above

e)

Date of the transaction

31 March 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Cinthia Nespoli

2

Reason for the notification

a)

Position/status

Chief Legal Officer

b)

Initial notification

/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Pearson plc

b)

LEI

2138004JBXWWJKIURC57

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Ordinary shares of 25 pence each in Pearson plc

 

Identification code

ISIN: GB0006776081

b)

Nature of the transaction

Allotment of ordinary shares following release of share award under the Company's Management Incentive Plan (MIP) and sale of shares to cover tax liabilities arising from vesting share awards

c)

Price(s) and volume(s)

Allotment of ordinary shares following release of MIP award

Sale of shares to cover tax liability

Volume: 6,268

 

Price : n/a

Volume: 635

 

Price: £7.79034 per share

 

Aggregated price: £4,947

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above

e)

Date of the transaction

31 March 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Albert Hitchcock

2

Reason for the notification

a)

Position/status

Head of Telecom and Technology Partnerships

b)

Initial notification

/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Pearson plc

b)

LEI

2138004JBXWWJKIURC57

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Ordinary shares of 25 pence each in Pearson plc

 

Identification code

ISIN: GB0006776081

b)

Nature of the transaction

Allotment of ordinary shares following release of share award under the Company's Management Incentive Plan (MIP) and sale of shares to cover tax liabilities arising from vesting share awards

c)

Price(s) and volume(s)

Allotment of ordinary shares following release of MIP award

Sale of shares to cover tax liability

Volume: 113,787

 

Price : n/a

Volume: 53,642

 

Price: £7.79034 per share

 

Aggregated price: £417,889

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above

e)

Date of the transaction

31 March 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Sally Johnson

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification

/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Pearson plc

b)

LEI

2138004JBXWWJKIURC57

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Ordinary shares of 25 pence each in Pearson plc

 

Identification code

ISIN: GB0006776081

b)

Nature of the transaction

Allotment of ordinary shares following release of share award under the Company's Management Incentive Plan (MIP) and sale of shares to cover tax liabilities arising from vesting share awards

c)

Price(s) and volume(s)

Allotment of ordinary shares following release of MIP award

Sale of shares to cover tax liability

Volume: 15,283

 

Price : n/a

Volume: 7,205

 

Price: £7.79034 per share

 

Aggregated price: £56,129

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above

e)

Date of the transaction

31 March 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Robert Whelan

2

Reason for the notification

a)

Position/status

President - Assessment & Qualifications

b)

Initial notification

/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Pearson plc

b)

LEI

2138004JBXWWJKIURC57

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Ordinary shares of 25 pence each in Pearson plc

American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc

 

 

Identification code

ISIN: GB0006776081

ISIN: US7050151056

b)

Nature of the transaction

Allotment of ordinary shares following release of share award under the Company's Management Incentive Plan (MIP) and sale of shares

c)

Price(s) and volume(s)

Allotment of ordinary shares following release of MIP award

Sale of ordinary shares

Conversion of residual ordinary shares to ADRs

Volume: 98,774

 

Price : n/a

Volume: 80,899

 

Price: £7.79034 per share

 

Aggregated price: £630,231

Volume: 17,875

 

Price: n/a

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above

e)

Date of the transaction

31 March 2021

f)

Place of the transaction

London Stock Exchange (XLON)

New York Stock Exchange (NYSE)

           

 

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