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RNS Number : 3019V Pearson PLC 04 April 2023
Pearson plc - (the "Company") Notification of PDMR 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 Tom Ap Simon
2 Reason for the notification
a) Position/status President - Higher Education and Virtual 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 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 Release of ADRs 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) Release of ADRs following release of MIP award Sale of ADRs to cover tax liability
Volume: 10,818 Volume: 4,998
Price: n/a Price: $10.3966 per share
Aggregated price: $51,962.21
d) Aggregated information Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above
- Aggregated volume
- Price
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 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 financial instrument, type of instrument Ordinary shares of 25 pence each in Pearson plc
Identification code ISIN: GB0006776081
b) Nature of the transaction Release 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) Release of ordinary shares following release of MIP award Sale of ordinary shares to cover tax liability
Volume: 44,376 Volume: 8,340
Price: n/a Price: £8.32647 per share Aggregated price: £69,442.76
d) Aggregated information Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above
- Aggregated volume
- Price
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 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 financial instrument, type of instrument Ordinary shares of 25 pence each in Pearson plc
Identification code ISIN: GB0006776081
b) Nature of the transaction Release 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) Release of ordinary shares following release of MIP award Sale of ordinary shares to cover tax liability
Volume: 2,555 Volume: 1,205
Price: n/a Price: £8.32647 per share Aggregated price: £10,033.40
d) Aggregated information Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above
- Aggregated volume
- Price
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 Arthur Valentine
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 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 Release of ADRs 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) Release of ADRs following release of MIP award Sale of ADRs to cover tax liability
Volume: 3,408 Volume: 938
Price: n/a Price: $10.3966 per share
Aggregated price: $9,752.01
d) Aggregated information Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above
- Aggregated volume
- Price
e) Date of the transaction 31 March 2023
f) Place of the transaction New York Stock Exchange (XNYS)
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