Director/PDMR Shareholding

RNS Number : 3684F
Pearson PLC
21 April 2011
 



 

PEARSON PLC

(the "Company")

 

 

Notification of Directors' Interests

 

Below are details of purchases, made under the Company's Annual Bonus Share Matching Plan (the "Plan"), of ordinary shares of 25p each and American Depositary Receipts (ADRs) made on the London and New York Stock Exchanges on and notified to the Company on Wednesday, 20 April 2011:-

 

Name of Director

No. of shares purchased

Percentage of issued stock

Price per share

Total holding following notification

Total percentage following notification

 

Robin Freestone

 

14,234

0.00175%

£11.24

 

 

261,640

 

0.03217

Marjorie Scardino

 

35,723

0.00439%

£11.24

 

1,317,045

0.16195

 

 

Name of director

No. of ADRs purchased

Percentage of issued stock

Price per ADR

Total holding following notification

Total percentage following notification

 

Will Ethridge

 

2,710

 

0.00033%

 

$18.45

 

376,078

 

0.04624

 

The Plan is designed to encourage executives to build up their shareholding in Pearson by investing up to half of their after-tax annual bonus in ordinary shares. Subject to Pearson meeting a corporate performance target, participants are then entitled to receive, after allowing for tax on their original investment, up to one additional matching share for each of their own shares held for three years.

 

Details of the Plan are included in the company's remuneration report at http://www.pearson.com/investors/financial-information/reports-and-results/

 

This notification is made in accordance with DTR 3.1.2R and LR9.8.6R(1).

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Pearson (PSON)
UK 100

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