Pearson plc - (the "Company") Notification of PDMR Interests
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 |
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a) |
Name |
Tom ap Simon |
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2 |
Reason for the notification |
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a) |
Position/status |
President - Higher Education and Virtual Learning |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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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 |
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a) |
Description of the financial instrument, type of instrument |
American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc |
|
|
Identification code |
ISIN: US7050151056 |
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b) |
Nature of the transaction |
Release of ADRs following release of share award under the Company's Management Incentive Plan (MIP) and sale of shares to cover tax liabilities arising from vesting share awards |
|
c) |
Price(s) and volume(s) |
Release of ADRs following release of MIP award |
Sale of ADRs to cover tax liability |
Volume: 8,222 Price: n/a |
Volume: 3,787 Price: $13.0397 per share Aggregated price: $49,381.34 |
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d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above |
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e) |
Date of the transaction |
02 April 2024 |
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f) |
Place of the transaction |
New York Stock Exchange (XNYS) |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Giovanni Giovannelli |
|
2 |
Reason for the notification |
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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
|
Ordinary shares of 25 pence each in Pearson plc |
|
|
Identification code |
ISIN: GB0006776081 |
|
b) |
Nature of the transaction |
Release of ordinary shares following release of share award under the Company's Management Incentive Plan (MIP) and sale of shares to cover tax liabilities arising from vesting share awards |
|
c) |
Price(s) and volume(s) |
Release of ordinary shares following release of MIP award |
Sale of ordinary shares to cover tax liability |
Volume: 30,302 Price: n/a |
Volume: 6,147 Price: £10.406661 per share Aggregated price: £63,969.75 |
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d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above |
|
e) |
Date of the transaction |
02 April 2024 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
a) |
Name |
Arthur Valentine |
|
2 |
Reason for the notification |
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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
|
American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc |
|
|
Identification code |
ISIN: US7050151056 |
|
b) |
Nature of the transaction |
Release of ADRs following release of share award under the Company's Management Incentive Plan (MIP) and sale of shares to cover tax liabilities arising from vesting share awards |
|
c) |
Price(s) and volume(s) |
Release of ADRs following release of MIP award |
Sale of ADRs to cover tax liability |
Volume: 1,821 Price: n/a |
Volume: 517 Price: $13.0397 per share Aggregated price: $6,741.52 |
||
d) |
Aggregated information - Aggregated volume - Price |
Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above |
|
e) |
Date of the transaction |
02 April 2024 |
|
f) |
Place of the transaction |
New York Stock Exchange (XNYS) |