Director/PDMR Shareholding

RNS Number : 9451K

Pearson PLC

27 September 2016

 

PEARSON PLC

(the "Company")

Notification of Interests of Persons Discharging Managerial Responsibility ("PDMRs")

Below are details of an acquisition of American Depositary Receipts ("ADRs") following a reinvestment of dividend under the Company's Dividend Reinvestment Plan in the USA on 21 September 2016, notified to the Company on 26 September 2016 (settlement date): -

Name of PDMR	No. of ADRs Purchased	Percentage of Issued Stock	Price per ADR	Total Holding Following Notification	Total Percentage Following Notification
Melinda Wolfe	922	0.00011%	$10.1992	41,158	0.00501%

The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives 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	Melinda Wolfe
2	Reason for the notification
a)	Position/status	Chief Human Resources Officer
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) in Pearson plc (each ADR represents one ordinary share of 25 pence in Pearson plc) ISIN: US7050151056
b)	Nature of the transaction	Purchase of shares arising from Company's Dividend Reinvestment Plan
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Purchase price: $10.1992 per ADR	922
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 922 ADRs. Aggregated price: $9403.6624
e)	Date of the transaction	21 September 2016 (Purchase Date) 26 September 2016(Settlement Date)
f)	Place of the transaction	New York Stock Exchange (XNYS)

 

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