REG - Pearson PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">PSON.L</Origin>

PearsonAnnouncement

08/10/2015 10:10

RNS Number : 6545B
Pearson PLC
08 October 2015
Pearson plc - (the "Company")
Notification of PDMRs' Interests
Long-Term Incentive Plan ("LTIP") - 2015 Release
In 2001, the Company established the Pearson Long-Term Incentive Plan (the "LTIP"). Its purpose is to link management's long-term reward with Pearson's financial performance and returns to shareholders. 
Restricted Share Awards 
Under the terms of the LTIP, all shares are released to participants on the vesting date, providing that the participant is still employed by the Company. 
The following table sets out the number of shares released to PDMRs on 5 October 2015, as notified to the Company on 7 October 2015. The LTIP rules require that sufficient shares are sold to discharge the tax liability arising on the shares released. The shares set out in the third column below were sold on 5 October 2015 at the price shown, with the number of shares or American Depositary Receipts (ADRs) set out in the fourth column below being retained by the PDMRs.
Name of PDMR
Shares Released 
Shares sold to discharge tax liabilities
Shares/ADRs Retained
Sale price per share ()
Michael Barber
22,900
10,801
12,099
11.857
Tim Bozik
30,915
11,278
19,637
11.857
Rod Bristow
22,900
10,801
12,099
11.857
Luyen Chou
17,175
9,001
8,174
11.857
Don Kilburn
26,335
8,603
17,732
11.857
Doug Kubach
36,640
12,355
24,285
11.857
Tamara Minick-Scokalo
22,900
8,446
14,454
11.857
Melinda Wolfe
43,920
24,603
19,317
11.826
Interests of the PDMRs
As a result of the above transactions, the PDMRs are interested in the following shares or ADRs (excluding those to which they are notionally entitled or may become entitled, subject to the satisfaction of any relevant conditions, under the Company's employee share plans):
Name of PDMR
Number of Shares/ADRs
% of Capital
Michael Barber
30,092
0.00367
Tim Bozik
36,353
0.00443
Rod Bristow
40,522
0.00494
Luyen Chou
9,476
0.00115
Don Kilburn
19,938
0.00243
Doug Kubach
24,295
0.00296
Tamara Minick-Scokalo
14,684
0.00179
Melinda Wolfe
38,627
0.00470

This information is provided by RNS
The company news service from the London Stock Exchange
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