Pearson PLC
1 November 2000
To Company Announcements Office
In accordance with the requirements of section 329(1) of the Companies
Act 1985, we hereby notify you that, after the Dividend Reinvestment
issue in respect of the interim dividend for the year ended 31 December
2000, which was paid out on Friday, 27 October 2000, the following
executive director of the company is interested, under the company's
Incentive Share Plan, in additional ordinary shares of 25p each in the
company as detailed below:-
Name of Director Maximum Number of Additional Shares
subject to Conditional Award under the Plan
Lord Stevenson 332 shares
The value of these shares was 1821.4p per share in accordance with the
terms of the Dividend Reinvestment Plan and the market value of the
shares on 27 October 2000.
No consideration was paid for the awards in respect of the additional
shares referred to above. The shares covered by the conditional award
will vest in the directors if and to the extent certain performance
criteria have been met at the end of the incentive period and/or at
the discretion of the Pearson Employee Share Trustees Limited the
Trustee of the Scheme.
From Pearson Plc
The Pearson Employee Share Trustees Limited has received an additional 938
ordinary shares of 25p each in the company as a result of a Dividend
Reinvestment Plan effective on 27 October 2000. These shares will be held under
the Pearson Employee Share Trust and will be available to satisfy conditional
awards of shares to various Pearson executive directors and certain executives
under the company's Incentive Share Plan. The release of the shares to the
executive directors is dependent on certain performance targets being met.
The value of these shares was 1821.4p per share in accordance with the terms of
the Dividend Reinvestment Plan and the market value of the shares on 27 October
2000.
As the Trust is a discretionary trust under which all employees (including
executive directors) of Pearson are potential beneficiaries, each executive
director is treated for Companies Act purposes as interested in the shares
referred to above.
DEALINGS BY DIRECTORS
1) NAME OF COMPANY
PEARSON PLC
2) NAME OF DIRECTOR
MARJORIE SCARDINO
3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder
if it is a holding of that person's spouse or children under the
age of 18 or in respect of an non-beneficial interest
IN RESPECT OF DIRECTOR'S OWN HOLDING
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them. (If notified)
AS (2) ABOVE
5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)
NO
6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary
REINVESTMENT OF DIVIDENDS UNDER THE COMPANY'S DIVIDEND REINVESTMENT PLAN
7) Number of shares/amount of
stock acquired
280
8) (0.00004%)
of issued Class
9) Number of shares/amount
of stock disposed
10) ( N/A %)
of issued Class
11) Class of security
ORDINARY SHARES OF 25P EACH
12) Price per share
£18-214
13) Date of transaction
27 OCTOBER 2000
14) Date company informed
31 OCTOBER 2000
15) Total holding following this notification
71,259
16) Total percentage holding of issued class following this notification
0.009%
IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
COMPLETE THE FOLLOWING BOXES
17) Date of grant
18) Period during which or date on which exercisable
19) Total amount paid (if any) for grant of the option
20) Description of shares or debentures involved: class, number.
21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise
22) Total number of shares or debentures over which options held
following this notification
23) Any additional information
PEARSON OPERATES AN EVERGREEN MANDATE UNDER ITS DIVIDEND REINVESTMENT PLAN
24) Name of contact and telephone number for queries
STEPHEN JONES 020 7411 2257
25) Name and signature of authorised company official responsible for
making this notification
Date of Notification 1 NOVEMBER 2000
DEALINGS BY DIRECTORS
1) NAME OF COMPANY
PEARSON PLC
2) NAME OF DIRECTOR
LORD STEVENSON
3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder
if it is a holding of that person's spouse or children under the
age of 18 or in respect of an non-beneficial interest
IN RESPECT OF DIRECTOR'S OWN HOLDING
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them. (If notified)
AS (2) ABOVE
5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)
NO
6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary
REINVESTMENT OF DIVIDENDS UNDER THE COMPANY'S DIVIDEND REINVESTMENT PLAN
7) Number of shares/amount of
stock acquired
314
8) (0.00004%)
of issued Class
9) Number of shares/amount
of stock disposed
10) ( N/A %)
of issued Class
11) Class of security
ORDINARY SHARES OF 25P EACH
12) Price per share
£18-214
13) Date of transaction
27 OCTOBER 2000
14) Date company informed
31 OCTOBER 2000
15) Total holding following this notification
90,406
16) Total percentage holding of issued class following this notification
0.0113%
IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
COMPLETE THE FOLLOWING BOXES
17) Date of grant
18) Period during which or date on which exercisable
19) Total amount paid (if any) for grant of the option
20) Description of shares or debentures involved: class, number.
21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise
22) Total number of shares or debentures over which options held
following this notification
23) Any additional information
PEARSON OPERATES AN EVERGREEN MANDATE UNDER ITS DIVIDEND REINVESTMENT PLAN
24) Name of contact and telephone number for queries
STEPHEN JONES 020 7411 2257
25) Name and signature of authorised company official responsible for
making this notification
Date of Notification 1 NOVEMBER 2000
DEALINGS BY DIRECTORS
1) NAME OF COMPANY
PEARSON PLC
2) NAME OF DIRECTOR
JOHN CROWTHER MAKINSON
3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder
if it is a holding of that person's spouse or children under the
age of 18 or in respect of an non-beneficial interest
IN RESPECT OF DIRECTOR'S OWN HOLDING
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them. (If notified)
AS (2) ABOVE
5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)
NO
6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary
REINVESTMENT OF DIVIDENDS UNDER THE COMPANY'S DIVIDEND REINVESTMENT PLAN
7) Number of shares/amount of
stock acquired
68
8) (0.000009%)
of issued Class
9) Number of shares/amount
of stock disposed
10) ( N/A %)
of issued Class
11) Class of security
ORDINARY SHARES OF 25P EACH
12) Price per share
£18-214
13) Date of transaction
27 OCTOBER 2000
14) Date company informed
31 OCTOBER 2000
15) Total holding following this notification
22,465
16) Total percentage holding of issued class following this notification
0.0028%
IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
COMPLETE THE FOLLOWING BOXES
17) Date of grant
18) Period during which or date on which exercisable
19) Total amount paid (if any) for grant of the option
20) Description of shares or debentures involved: class, number.
21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise
22) Total number of shares or debentures over which options held
following this notification
23) Any additional information
PEARSON OPERATES AN EVERGREEN MANDATE UNDER ITS DIVIDEND REINVESTMENT PLAN
24) Name of contact and telephone number for queries
STEPHEN JONES 020 7411 2257
25) Name and signature of authorised company official responsible for
making this notification
Date of Notification 1 NOVEMBER 2000
DEALINGS BY DIRECTORS
1) NAME OF COMPANY
PEARSON PLC
2) NAME OF DIRECTOR
DAVID CHARLES MAURICE BELL
3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder
if it is a holding of that person's spouse or children under the
age of 18 or in respect of an non-beneficial interest
IN RESPECT OF DIRECTOR'S OWN HOLDING
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them. (If notified)
AS (2) ABOVE
5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)
NO
6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary
REINVESTMENT OF DIVIDENDS UNDER THE COMPANY'S DIVIDEND REINVESTMENT PLAN
7) Number of shares/amount of
stock acquired
145
8) (0.00002%)
of issued Class
9) Number of shares/amount
of stock disposed
10) ( N/A %)
of issued Class
11) Class of security
ORDINARY SHARES OF 25P EACH
12) Price per share
£18-214
13) Date of transaction
27 OCTOBER 2000
14) Date company informed
31 OCTOBER 2000
15) Total holding following this notification
44,087
16) Total percentage holding of issued class following this notification
0.006%
IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
COMPLETE THE FOLLOWING BOXES
17) Date of grant
18) Period during which or date on which exercisable
19) Total amount paid (if any) for grant of the option
20) Description of shares or debentures involved: class, number.
21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise
22) Total number of shares or debentures over which options held
following this notification
23) Any additional information
PEARSON OPERATES AN EVERGREEN MANDATE UNDER ITS DIVIDEND REINVESTMENT PLAN
24) Name of contact and telephone number for queries
STEPHEN JONES 020 7411 2257
25) Name and signature of authorised company official responsible for
making this notification
Date of Notification 1 NOVEMBER 2000
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Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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