18th Apr 2005 10:57
Pearson PLC18 April 2005 Pearson plc - Notification of Directors' Interests Pearson operates the Annual Bonus Share Matching Plan (the "Plan") wherebyexecutive directors and certain senior executives are able to elect to investtheir annual bonus in ordinary shares in the Company ("Shares"). The participantis then entitled to receive, after tax thereon, one additional Share free ofcharge for every Share left in trust for five years (or half that number ofadditional Shares after three years). Entitlement to the additional Shares isdependent on Pearson satisfying a corporate performance target and will normallybe lost if the participant leaves Pearson's employment. The director named below has informed the Company on 15 April 2005 that theyhave purchased Shares in order to participate in the Plan in respect of theirannual bonus for 2004. The purchase price for these Shares was 633.0p per share. Director Shares Resultant Percentage Purchased Holding Holding R A Fairhead 11,848 27,508 0.00342% This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Pearson