REG - Pearson PLC - Director/PDMR Shareholding
RNS Number : 7214UPearson PLC07 April 2021Pearson 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
/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 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 shares following release of MIP award
Sale of ordinary shares to cover tax liability
Conversion of residual ordinary shares to ADRs
Volume: 128,583
Price : n/a
Volume: 62,358
Price: £7.79034 per share
Aggregated price: £485,790
Volume: 66,225
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
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
/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
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 shares following release of MIP award
Sale of shares to cover tax liability
Volume: 93,928
Price : n/a
Volume: 44,280
Price: £7.79034 per share
Aggregated price: £344,956
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above
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
/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
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 shares following release of MIP award
Sale of shares to cover tax liability
Volume: 119,606
Price : n/a
Volume: 20,516
Price: £7.79034 per share
Aggregated price: £159,827
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above
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
/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
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 shares following release of MIP award
Sale of shares to cover tax liability
Volume: 6,268
Price : n/a
Volume: 635
Price: £7.79034 per share
Aggregated price: £4,947
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above
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
/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
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 shares following release of MIP award
Sale of shares to cover tax liability
Volume: 113,787
Price : n/a
Volume: 53,642
Price: £7.79034 per share
Aggregated price: £417,889
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above
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
/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
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 shares following release of MIP award
Sale of shares to cover tax liability
Volume: 15,283
Price : n/a
Volume: 7,205
Price: £7.79034 per share
Aggregated price: £56,129
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above
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
/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 Management Incentive Plan (MIP) and sale of shares
c)
Price(s) and volume(s)
Allotment of ordinary shares following release of MIP award
Sale of ordinary shares
Conversion of residual ordinary shares to ADRs
Volume: 98,774
Price : n/a
Volume: 80,899
Price: £7.79034 per share
Aggregated price: £630,231
Volume: 17,875
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
31 March 2021
f)
Place of the transaction
London Stock Exchange (XLON)
New York Stock Exchange (NYSE)
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