Source - LSE Regulatory
RNS Number : 9551X
Pearson PLC
07 May 2021
 

 

Pearson plc - (the "Company")

 

Notification of PDMRs' Interests

 

 

The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give further detail.

 

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

 

Identification code

Ordinary shares of 25 pence each in Pearson plc

 

 

ISIN: GB0006776081

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

ISIN: US7050151056

b)

Nature of the transaction

Allotment of ordinary shares following release of share award under the Company's Long-Term Incentive Plan (LTIP) 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 LTIP award

Sale of ordinary shares to cover tax liability

Conversion of residual ordinary shares to ADRs

Volume: 28,046

Purchase price: N/A

Volume: 9,382

Price £7.973 per share

Aggregated price: £74,803

Volume:18,664

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

4 May 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

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

Identification code

Ordinary shares of 25 pence each in Pearson plc

 

ISIN: GB0006776081

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

 

ISIN: US7050151056

b)

Nature of the transaction

Allotment of ordinary shares following release of share award under the Company's Long-Term Incentive Plan 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 LTIP award

Sale of ordinary shares

Conversion of residual ordinary shares to ADRs

Volume: 28,046

Price n/a

Volume: 8,608

Price: £7.973 per share

Aggregated price: £ 68,632

Volume: 19,438

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

4 May 2021

f)

Place of t transaction

London Stock Exchange (XLON)

New York Stock Exchange (NYSE)

 

 

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

Identification code

Ordinary shares of 25 pence each in Pearson plc

 

 

 

ISIN: GB0006776081

b)

Nature of the transaction

Allotment of ordinary shares following release of share award under the Company's Long-Term Incentive Plan 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 LTIP award

Sale of shares to cover tax liability

Volume: 28,046

Price: N/A

Volume: 1,541

Price: £7.973 per  share

Aggregated price: £12,287

d)

Aggregated information

- Aggregated volume

- Price

 

Aggregated volume: see 4 (c) above

Aggregated price: see 4 (c) above

e)

Date of the transaction

4 May 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

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