Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 9650N
Pearson PLC
04 October 2021
 

 

Pearson plc - (the "Company")

 

Notification of PDMR Interests

 

 

The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give details of transactions under the Company's Dividend Reinvestment Plan ("DRIP") and Long-Term Incentive Plan ("LTIP").

 

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 - 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

Identification code

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

 

ISIN: US7050151056

 

b)

Nature of the transaction

Purchase of ADRs arising from Company's Dividend Reinvestment Plan ("DRIP")

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

$9.73 per ADR

48 ADRs

 

d)

Aggregated information

- Aggregated volume

- Price

 

Aggregated volume: 48

Aggregated price: $467.04

 

e)

Date of the transaction

30th September 2021

 

f)

Place of the transaction

New York Stock Exchange (NYSE)

 

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 - 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

 

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 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: 28,813

Price : n/a

Volume: 13,974

 

Price: £7.26222 per share

 

Aggregated price: £101,482.26

 Volume: 14,839

 

 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

1 October 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

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

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

 

ISIN: US7050151056

b)

Nature of the transaction

Purchase of ADRs arising from Company's Dividend Reinvestment Plan ("DRIP")

c)

Price(s) and volume(s)

Price(s)

Price(s) and volume(s)

$9.73 per ADR

751 ADRs

d)

Aggregated information

- Aggregated volume

- Price

 

Aggregated volume: 751

Aggregated price: $7,307.23

e)

Date of the transaction

30th September 2021

f)

Place of the transaction

New York Stock Exchange (NYSE)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Bob 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

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

 

ISIN: US7050151056

b)

Nature of the transaction

Purchase of ADRs arising from Company's Dividend Reinvestment Plan ("DRIP")

c)

Price(s) and volume(s)

Price(s)

Volume(s)

$9.73 per ADR

330 ADRs

d)

Aggregated information

- Aggregated volume

- Price

 

Aggregated volume: 330

Aggregated price: $3,210.90

e)

Date of the transaction

30th September 2021

f)

Place of the transaction

New York Stock Exchange (NYSE)

 

 

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