17th Apr 2009 10:53
Pearson plc - Notification of Directors' Interests
Pearson announces that the following directors have purchased shares in the company under its Annual Bonus Share Matching Plan:
Name ADRs Purchase Resultant Percentage
Price Holding Holding
W T Ethridge 61,158 $9.9986 189,916 0.02345%
Name Ordinary Purchase Resultant Percentage
Shares Price Holding Holding
R A Freestone 20,913 £6.694308 65,292 0.00806%
The Plan is designed to encourage executives to build up their shareholding in Pearson by investing up to half of their after-tax annual bonus in ordinary shares. Subject to Pearson meeting a corporate performance target, participants are then entitled to receive, after allowing for tax on their original investment, up to one additional matching share for each of their own shares held for three years.
Details of the Plan are included in the company's remuneration report at http://www.pearson.com/investor/ar2008/governance/rptDirRemun.html
Related Shares:
Pearson