TIDMPSON

RNS Number : 7214U

Pearson PLC

07 April 2021

Pearson plc - (the "Company")

Notification of PDMR's 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 
 a)   Name                        Timothy Bozik 
     --------------------------  ---------------------------------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------------------------------- 
 a)   Position/status             President - Higher Education 
     --------------------------  ---------------------------------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ---------------------------------------------------------------------- 
 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          Ordinary shares of 25 pence each               American Depositary 
       financial instrument,       in Pearson plc                                 Receipts (ADRs), 
       type of instrument                                                         each representing 
                                                                                  one ordinary share 
                                                                                  of 25 pence, in 
                                                                                  Pearson plc 
      Identification code         ISIN: GB0006776081                             ISIN: US7050151056 
     --------------------------  ---------------------------------------------  ----------------------- 
 b)   Nature of the transaction   Allotment 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)      Allotment of ordinary   Sale of ordinary     Conversion of residual 
                                   shares following        shares to cover      ordinary shares 
                                   release of MIP          tax liability        to ADRs 
                                   award 
     --------------------------  ----------------------  -------------------  ------------------------- 
                                  Volume: 128,583         Volume: 62,358      Volume: 66,225 
 
                                   Price : n/a             Price: GBP7.79034   Price: n/a 
                                                           per share 
 
                                                           Aggregated price: 
                                                           GBP485,790 
     --------------------------  ----------------------  -------------------  ------------------------- 
 d)    Aggregated information     Aggregated volume: see 4 (c) above Aggregated price: 
         *    Aggregated volume    see 4 (c) above 
 
 
         *    Price 
     --------------------------  ---------------------------------------------------------------------- 
 e)   Date of the transaction     31 March 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                        Roderick Bristow 
     --------------------------  ----------------------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------------------- 
 a)   Position/status             President, Pearson UK & Global Online Learning 
     --------------------------  ----------------------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------------------------- 
 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          Ordinary shares of 25 pence each in Pearson plc 
       financial instrument, 
       type of instrument 
      Identification code         ISIN: GB0006776081 
     --------------------------  ----------------------------------------------------------- 
 b)   Nature of the transaction   Allotment 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)      Allotment of ordinary        Sale of shares to cover 
                                   shares following release     tax liability 
                                   of MIP award 
     --------------------------  ---------------------------  ------------------------------ 
                                  Volume: 93,928               Volume: 44,280 
 
                                   Price : n/a                  Price: GBP7.79034 per share 
 
                                                                Aggregated price: GBP344,956 
     --------------------------  ---------------------------  ------------------------------ 
 d)    Aggregated information     Aggregated volume: see 4 (c) above Aggregated price: 
         *    Aggregated volume    see 4 (c) above 
 
 
         *    Price 
     --------------------------  ----------------------------------------------------------- 
 e)   Date of the transaction     31 March 2021 
     --------------------------  ----------------------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  ----------------------------------------------------------- 
 
 
 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        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------------------------- 
 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          Ordinary shares of 25 pence each in Pearson plc 
       financial instrument, 
       type of instrument 
      Identification code         ISIN: GB0006776081 
     --------------------------  ----------------------------------------------------------- 
 b)   Nature of the transaction   Allotment 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)      Allotment of ordinary        Sale of shares to cover 
                                   shares following release     tax liability 
                                   of MIP award 
     --------------------------  ---------------------------  ------------------------------ 
                                  Volume: 119,606              Volume: 20,516 
 
                                   Price : n/a                  Price: GBP7.79034 per share 
 
                                                                Aggregated price: GBP159,827 
     --------------------------  ---------------------------  ------------------------------ 
 d)    Aggregated information     Aggregated volume: see 4 (c) above Aggregated price: 
         *    Aggregated volume    see 4 (c) above 
 
 
         *    Price 
     --------------------------  ----------------------------------------------------------- 
 e)   Date of the transaction     31 March 2021 
     --------------------------  ----------------------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  ----------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                        Cinthia Nespoli 
     --------------------------  ----------------------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------------------- 
 a)   Position/status             Chief Legal Officer 
     --------------------------  ----------------------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------------------------- 
 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          Ordinary shares of 25 pence each in Pearson plc 
       financial instrument, 
       type of instrument 
      Identification code         ISIN: GB0006776081 
     --------------------------  ----------------------------------------------------------- 
 b)   Nature of the transaction   Allotment 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)      Allotment of ordinary        Sale of shares to cover 
                                   shares following release     tax liability 
                                   of MIP award 
     --------------------------  ---------------------------  ------------------------------ 
                                  Volume: 6,268                Volume: 635 
 
                                   Price : n/a                  Price: GBP7.79034 per share 
 
                                                                Aggregated price: GBP4,947 
     --------------------------  ---------------------------  ------------------------------ 
 d)    Aggregated information     Aggregated volume: see 4 (c) above Aggregated price: 
         *    Aggregated volume    see 4 (c) above 
 
 
         *    Price 
     --------------------------  ----------------------------------------------------------- 
 e)   Date of the transaction     31 March 2021 
     --------------------------  ----------------------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  ----------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                        Albert Hitchcock 
     --------------------------  ----------------------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------------------- 
 a)   Position/status             Head of Telecom and Technology Partnerships 
     --------------------------  ----------------------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------------------------- 
 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          Ordinary shares of 25 pence each in Pearson plc 
       financial instrument, 
       type of instrument 
      Identification code         ISIN: GB0006776081 
     --------------------------  ----------------------------------------------------------- 
 b)   Nature of the transaction   Allotment 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)      Allotment of ordinary        Sale of shares to cover 
                                   shares following release     tax liability 
                                   of MIP award 
     --------------------------  ---------------------------  ------------------------------ 
                                  Volume: 113,787              Volume: 53,642 
 
                                   Price : n/a                  Price: GBP7.79034 per share 
 
                                                                Aggregated price: GBP417,889 
     --------------------------  ---------------------------  ------------------------------ 
 d)    Aggregated information     Aggregated volume: see 4 (c) above Aggregated price: 
         *    Aggregated volume    see 4 (c) above 
 
 
         *    Price 
     --------------------------  ----------------------------------------------------------- 
 e)   Date of the transaction     31 March 2021 
     --------------------------  ----------------------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  ----------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                        Sally Johnson 
     --------------------------  ----------------------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------------------- 
 a)   Position/status             Chief Financial Officer 
     --------------------------  ----------------------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------------------------- 
 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          Ordinary shares of 25 pence each in Pearson plc 
       financial instrument, 
       type of instrument 
      Identification code         ISIN: GB0006776081 
     --------------------------  ----------------------------------------------------------- 
 b)   Nature of the transaction   Allotment 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)      Allotment of ordinary        Sale of shares to cover 
                                   shares following release     tax liability 
                                   of MIP award 
     --------------------------  ---------------------------  ------------------------------ 
                                  Volume: 15,283               Volume: 7,205 
 
                                   Price : n/a                  Price: GBP7.79034 per share 
 
                                                                Aggregated price: GBP56,129 
     --------------------------  ---------------------------  ------------------------------ 
 d)    Aggregated information     Aggregated volume: see 4 (c) above Aggregated price: 
         *    Aggregated volume    see 4 (c) above 
 
 
         *    Price 
     --------------------------  ----------------------------------------------------------- 
 e)   Date of the transaction     31 March 2021 
     --------------------------  ----------------------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  ----------------------------------------------------------- 
 
 
 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        Initial notification 
       /Amendment 
     --------------------------  ---------------------------------------------------------------------- 
 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          Ordinary shares of 25 pence each               American Depositary 
       financial instrument,       in Pearson plc                                 Receipts (ADRs), 
       type of instrument                                                         each representing 
                                                                                  one ordinary share 
                                                                                  of 25 pence, in 
                                                                                  Pearson plc 
      Identification code         ISIN: GB0006776081                             ISIN: US7050151056 
     --------------------------  ---------------------------------------------  ----------------------- 
 b)   Nature of the transaction   Allotment of ordinary shares following release 
                                   of share award under the Company's Management Incentive 
                                   Plan (MIP) and sale of shares 
     --------------------------  ---------------------------------------------------------------------- 
 c)   Price(s) and volume(s)      Allotment of ordinary   Sale of ordinary     Conversion of residual 
                                   shares following        shares               ordinary shares 
                                   release of MIP                               to ADRs 
                                   award 
     --------------------------  ----------------------  -------------------  ------------------------- 
                                  Volume: 98,774          Volume: 80,899       Volume: 17,875 
 
                                   Price : n/a             Price: GBP7.79034    Price: n/a 
                                                           per share 
 
                                                           Aggregated price: 
                                                           GBP630,231 
     --------------------------  ----------------------  -------------------  ------------------------- 
 d)    Aggregated information     Aggregated volume: see 4 (c) above Aggregated price: 
         *    Aggregated volume    see 4 (c) above 
 
 
         *    Price 
     --------------------------  ---------------------------------------------------------------------- 
 e)   Date of the transaction     31 March 2021 
     --------------------------  ---------------------------------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON)                   New York Stock 
                                                                                  Exchange (NYSE) 
     --------------------------  ---------------------------------------------  ----------------------- 
 
 

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April 07, 2021 10:12 ET (14:12 GMT)

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