Director/PDMR Shareholding

RNS Number : 9551X

Pearson PLC

07 May 2021

 

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 DepositaryReceipts (ADRs),eachrepresenting oneordinaryshareof25 pence, inPearsonplc 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	Saleofordinaryshares to covertaxliability	Conversion ofresidualordinarysharestoADRs
		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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