REG - Pearson PLC - Director/PDMR Shareholding

PearsonAnnouncement

04/10/2021 16:50

RNS Number : 9650N
  
Pearson PLC
  
04 October 2021
  
 

 
Pearson plc - (the "Company") 
 
Notification of PDMR Interests 
 
 
The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give details of transactions under the Company's Dividend Reinvestment Plan ("DRIP") and Long-Term Incentive Plan ("LTIP").
 
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


Tom ap Simon


 




2


Reason for the notification


 




a)


Position/status


President - Virtual 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
Identification code


American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc
 
ISIN: US7050151056


 




b) 


Nature of the transaction


Purchase of ADRs arising from Company's Dividend Reinvestment Plan ("DRIP")


 




c) 


Price(s) and volume(s)


Price(s)


Volume(s)


 




$9.73 per ADR


48 ADRs


 




d)


Aggregated information
- Aggregated volume
- Price


 
Aggregated volume: 48
Aggregated price: $467.04


 




e)


Date of the transaction


30th September 2021


 




f)


Place of the transaction


New York Stock Exchange (NYSE)


 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Tom ap Simon




2


Reason for the notification




a)


Position/status


President - Virtual 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


American Depositary Receipts (ADRs), 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 Long-Term Incentive Plan (LTIP) and sale of shares to cover tax liabilities arising from vesting share awards




 


c)


Price(s) and volume(s)


Allotment of ordinary shares following release of LTIP award


Sale of ordinary shares to cover tax liability


Conversion of residual ordinary shares to ADRs




 


Volume: 28,813
Price : n/a


Volume: 13,974
 
Price: £7.26222 per share 
 
Aggregated price: £101,482.26


 Volume: 14,839
 
 Price: n/a
 
 




 


d)


Aggregated information
- Aggregated volume
- Price


Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above




 


e)


Date of the transaction


1 October 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


Timothy Bozik




2


Reason for the notification




a)


Position/status


President - Higher Education




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
Identification code


American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc
 
ISIN: US7050151056




b) 


Nature of the transaction


Purchase of ADRs arising from Company's Dividend Reinvestment Plan ("DRIP")




c) 


Price(s) and volume(s)


Price(s)


Price(s) and volume(s)




$9.73 per ADR


751 ADRs




d)


Aggregated information
- Aggregated volume
- Price


 
Aggregated volume: 751
Aggregated price: $7,307.23




e)


Date of the transaction


30th September 2021




f)


Place of the transaction


New York Stock Exchange (NYSE)




 
 




1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Bob Whelan




2


Reason for the notification




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
Identification code


American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc
 
ISIN: US7050151056




b) 


Nature of the transaction


Purchase of ADRs arising from Company's Dividend Reinvestment Plan ("DRIP")




c) 


Price(s) and volume(s)


Price(s)


Volume(s)




$9.73 per ADR


330 ADRs




d)


Aggregated information
- Aggregated volume
- Price


 
Aggregated volume: 330
Aggregated price: $3,210.90




e)


Date of the transaction


30th September 2021




f)


Place of the transaction


New York Stock Exchange (NYSE)




 
 

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