3rd May 2024 15:30
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 /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 | 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 settled on a net-of-tax basis, following release of share award under the Company's Long-Term Incentive Plan (LTIP) |
c) | Price(s) and volume(s) | Volume: 52,704 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 | 1 May 2024 |
f) | Place of the transaction | Outside a trading venue |
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 | Release 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) | Release of ordinary shares following release of LTIP award | Sale of ordinary shares to cover tax liability |
Volume: 157,241 Price: n/a | Volume: 31,206 Price: £9.706565 per share Aggregated price: £302,903.07 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above | |
e) | Date of the transaction | 1 May 2024 | |
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 | Release 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) | Release of ordinary shares following release of LTIP award | Sale of ordinary shares to cover tax liability |
Volume: 141,930 Price: n/a | Volume: 66,708 Price: £9.706565 per share Aggregated price: £647,505.54 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above | |
e) | Date of the transaction | 1 May 2024 | |
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 /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
| 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 settled on a net-of-tax basis, following release of share award under the Company's Long-Term Incentive Plan (LTIP) |
c) | Price(s) and volume(s) | Volume: 31,640 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 | 1 May 2024 |
f) | Place of the transaction | Outside a trading venue |
Related Shares:
Pearson