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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