REG - Pearson PLC - Director/PDMR Shareholding
RNS Number : 9551XPearson PLC07 May 2021
Pearson plc - (the "Company")
Notification of PDMRs' Interests
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
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
Ordinary shares of 25 pence each in Pearson plc
ISIN: GB0006776081
American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc
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: 28,046
Purchase price: N/A
Volume: 9,382
Price £7.973 per share
Aggregated price: £74,803
Volume:18,664
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
4 May 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
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
Identification code
Ordinary shares of 25 pence each in Pearson plc
ISIN: GB0006776081
American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc
ISIN: US7050151056
b)
Nature of the transaction
Allotment of ordinary shares following release of share award under the Company's Long-Term Incentive Plan 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
Conversion of residual ordinary shares to ADRs
Volume: 28,046
Price n/a
Volume: 8,608
Price: £7.973 per share
Aggregated price: £ 68,632
Volume: 19,438
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
4 May 2021
f)
Place of t transaction
London Stock Exchange (XLON)
New York Stock Exchange (NYSE)
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
Identification code
Ordinary shares of 25 pence each in Pearson plc
ISIN: GB0006776081
b)
Nature of the transaction
Allotment of ordinary shares following release of share award under the Company's Long-Term Incentive Plan 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 shares to cover tax liability
Volume: 28,046
Price: N/A
Volume: 1,541
Price: £7.973 per share
Aggregated price: £12,287
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: see 4 (c) above
Aggregated price: see 4 (c) above
e)
Date of the transaction
4 May 2021
f)
Place of the transaction
London Stock Exchange (XLON)
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