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REG - Pearson PLC - Director/PDMR Shareholding

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RNS Number : 2921V  Pearson PLC  04 April 2023

PEARSON PLC

(the "Company")

 

Notification of Director and PDMRs' Interests

 

 

Below are details of purchases (made under the Company's Non-Executive
Directors' Share Purchase Plan) of Pearson plc ordinary shares of 25p each and
American Depositary Receipts (ADRs) made on the London and New York Stock
Exchanges on behalf of the Company's Chair, Deputy Chair and Senior
Independent Director, and Non-Executive Directors on 31 March 2023:

 

 

 Name of Director  No. of Shares Purchased  Price per Share*  Total Holding Following Notification
 Sherry Coutu      1,180                    £8.32             11,747
 Graeme Pitkethly  257                      £8.32             10,734
 Tim Score         2,929                    £8.32             70,404
 Annette Thomas    480                      £8.32             2,797
 Lincoln Wallen    474                      £8.32             16,789

 

 

 Name of Director  No. of ADRs Purchased  Price per ADR*  Total Holding Following Notification
 Omid Kordestani   8,439                  $10.39          40,535
 Esther Lee        762                    $10.39          2,259
 Linda Lorimer     478                    $10.39          18,516

 

* rounded to two decimal places.

 

The following notifications, made in accordance with the requirements of the
UK Market Abuse Regulation, give further detail.

 

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                                                         Sherry Coutu
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 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

     Identification code

                                                                  ISIN: GB0006776081
 b)  Nature of the transaction                                    Purchase of shares arising from Company's Non-Executive Directors' Share
                                                                  Purchase Plan
 c)  Price(s) and volume(s)                                       Price(s)                               Volume(s)
     Purchase price: £8.3160 per share                                                                   1,180
 d)  Aggregated information

     - Aggregated volume                                          Aggregated volume: 1,180 shares

     - Price                                                      Aggregated price: £9,812.88
 e)  Date of the transaction                                      31 March 2023
 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Graeme Pitkethly
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 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

     Identification code

                                                                  ISIN: GB0006776081
 b)  Nature of the transaction                                    Purchase of shares arising from Company's Non-Executive Directors' Share
                                                                  Purchase Plan
 c)  Price(s) and volume(s)                                       Price(s)                               Volume(s)
     Purchase price: £8.3160 per share                                                                   257
 d)  Aggregated information

     - Aggregated volume                                          Aggregated volume: 257 shares

     - Price                                                      Aggregated price: £2,137.21
 e)  Date of the transaction                                      31 March 2023
 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Tim Score
 2   Reason for the notification
 a)  Position/status                                              Deputy Chair and Senior Independent Director
 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

     Identification code

                                                                  ISIN: GB0006776081
 b)  Nature of the transaction                                    Purchase of shares arising from Company's Non-Executive Directors' Share
                                                                  Purchase Plan
 c)  Price(s) and volume(s)                                       Price(s)                               Volume(s)
     Purchase price: £8.3160 per share                                                                   2,929

 d)  Aggregated information

     - Aggregated volume                                          Aggregated volume: 2,929 shares

     - Price                                                      Aggregated price: £24,357.56
 e)  Date of the transaction                                      31 March 2023
 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Annette Thomas
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 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

     Identification code

                                                                  ISIN: GB0006776081
 b)  Nature of the transaction                                    Purchase of shares arising from Company's Non-Executive Directors' Share
                                                                  Purchase Plan
 c)  Price(s) and volume(s)                                       Price(s)                               Volume(s)
     Purchase price: £8.3160 per share                                                                   480
 d)  Aggregated information

     - Aggregated volume                                          Aggregated volume: 480 shares

     - Price                                                      Aggregated price: £3,991.68
 e)  Date of the transaction                                      31 March 2023
 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Lincoln Wallen
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 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

     Identification code

                                                                  ISIN: GB0006776081
 b)  Nature of the transaction                                    Purchase of shares arising from Company's Non-Executive Directors' Share
                                                                  Purchase Plan
 c)  Price(s) and volume(s)                                       Price(s)                               Volume(s)
     Purchase price: £8.3160 per share                                                                   474

 d)  Aggregated information

     - Aggregated volume                                          Aggregated volume: 474 shares

     - Price                                                      Aggregated price: £3,941.78
 e)  Date of the transaction                                      31 March 2023
 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)                                    Name                                                         Omid Kordestani
 2                                     Reason for the notification
 a)                                    Position/status                                              Chair
 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  American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one

                                                            ordinary share of 25 pence in Pearson plc
                                       Identification code

                                                                                                    ISIN: US7050151056
 b)                                    Nature of the transaction                                    Purchase of shares arising from Company's Non-Executive Directors' Share
                                                                                                    Purchase Plan
 c)                                    Price(s) and volume(s)                                       Price(s)                                Volume(s)
     Purchase price: $10.3925 per ADR  8,439
 d)                                    Aggregated information

                                       - Aggregated volume                                          Aggregated volume: 8,439 ADRs

                                       - Price                                                      Aggregated price: $87,702.31
 e)                                    Date of the transaction                                      31 March 2023
 f)                                    Place of the transaction                                     New York Stock Exchange (XNYS)

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Esther Lee
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 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  American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one

                                                            ordinary share of 25 pence in Pearson plc
     Identification code

                                                                  ISIN: US7050151056
 b)  Nature of the transaction                                    Purchase of shares arising from Company's Non-Executive Directors' Share
                                                                  Purchase Plan
 c)  Price(s) and volume(s)                                       Price(s)                                Volume(s)
     Purchase price: $10.3925 per ADR                                                                     762
 d)  Aggregated information

     - Aggregated volume                                          Aggregated volume: 762 ADRs

     - Price                                                      Aggregated price: $7,919.09
 e)  Date of the transaction                                      31 March 2023
 f)  Place of the transaction                                     New York Stock Exchange (XNYS)

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Linda Lorimer
 2   Reason for the notification
 a)  Position/status                                              Non-Executive Director
 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  American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one

                                                            ordinary share of 25 pence in Pearson plc
     Identification code

                                                                  ISIN: US7050151056
 b)  Nature of the transaction                                    Purchase of shares arising from Company's Non-Executive Directors' Share
                                                                  Purchase Plan
 c)  Price(s) and volume(s)                                       Price(s)                                Volume(s)
     Purchase price: $10.3925 per ADR                                                                     478

 d)  Aggregated information

     - Aggregated volume                                          Aggregated volume: 478 ADRs

     - Price                                                      Aggregated price: $4,967.62
 e)  Date of the transaction                                      31 March 2023
 f)  Place of the transaction                                     New York Stock Exchange (XNYS)

 

 

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