Source - LSE Regulatory
RNS Number : 3880J
Pearson PLC
04 April 2024
 

 

Pearson plc - (the "Company") Notification of PDMR 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

Tom ap Simon

2

Reason for the notification

a)

Position/status

President - Higher Education and Virtual 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

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


Identification code

ISIN: US7050151056

b)

Nature of the transaction

Release of ADRs 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)

Release of ADRs following release of MIP award

Sale of ADRs to cover tax liability

Volume: 8,222

Price: n/a

Volume: 3,787

Price: $13.0397 per share

Aggregated price: $49,381.34

d)

Aggregated information

- Aggregated volume

- Price

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

e)

Date of the transaction

02 April 2024

f)

Place of the transaction

New York Stock Exchange (XNYS)


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

Release 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)

Release of ordinary shares following release of MIP award

Sale of ordinary shares to cover tax liability

Volume: 30,302

Price: n/a

Volume: 6,147

Price: £10.406661 per share

Aggregated price: £63,969.75

d)

Aggregated information

- Aggregated volume

- Price

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

e)

Date of the transaction

02 April 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 



 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Arthur Valentine

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

 

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


Identification code

ISIN: US7050151056

b)

Nature of the transaction

Release of ADRs 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)

Release of ADRs following release of MIP award

Sale of ADRs to cover tax liability

Volume: 1,821

Price: n/a

Volume: 517

Price: $13.0397 per share

Aggregated price: $6,741.52

d)

Aggregated information

- Aggregated volume

- Price

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

e)

Date of the transaction

02 April 2024

f)

Place of the transaction

New York Stock Exchange (XNYS)

 

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