Director/PDMR Shareholding

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 ofinstrument			Ordinary shares of 25 pence each in Pearson plc			American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc
			Identificationcode			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 - Aggregatedvolume - 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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