PEARSON PLC
(the "Company")
Notification of Directors' Interests
Below are details of purchases, made under the Company's Annual Bonus Share Matching Plan (the "Plan"), of ordinary shares of 25p each and American Depositary Receipts (ADRs) made on the London and New York Stock Exchanges on and notified to the Company on Tuesday, 15 May 2012:-
Name of Director |
No. of shares purchased |
Percentage of issued stock |
Price per share |
Total holding following notification |
Total percentage following notification |
Robin Freestone |
8,560 |
0.00105% |
£11.68 |
367,649 |
0.04506% |
Name of director |
No. of ADRs purchased |
Percentage of issued stock |
Price per ADR |
Total holding following notification |
Total percentage following notification |
Will Ethridge |
2,691 |
0.00033% |
$18.58 |
416,758 |
0.05107% |
The Plan is designed to encourage executives to build up their shareholding in Pearson by investing up to half of their after-tax annual bonus in ordinary shares. Subject to Pearson meeting a corporate performance target, participants are then entitled to receive, after allowing for tax on their original investment, up to one additional matching share for each of their own shares held for three years.
Details of the Plan are included in the company's remuneration report at http://www.pearson.com/investors/financial-information/reports-and-results/
This notification is made in accordance with DTR 3.1.4R.