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Pearson PLC — Director's Dealing 2021
Apr 7, 2021
5260_dirs_2021-04-07_74aa9bf1-d82a-49e2-9c06-124108459581.html
Director's Dealing
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RNS Number : 7214U
Pearson PLC
07 April 2021
Pearson 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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