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Pearson PLC — Regulatory Filings 2010
Mar 24, 2010
5260_ffr_2010-03-24_24cc4b53-56cb-4d4b-b124-06b9cb7f5a61.zip
Regulatory Filings
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2010
PEARSON plc (Exact name of registrant as specified in its charter) N/A (Translation of registrant's name into English)
80 Strand London, England WC2R 0RL 44-20-7010-2000 (Address of principal executive office) Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F X Form 40-F Indicate by check mark whether the Registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934 Yes No X
This Report includes the following documents: 1. A press release from Pearson plc announcing Director/PDMR Shareholding
PEARSON PLC
(the "Company" )
Annual Bonus Share Matching Plan (the "Plan")
On 24 March 2010, participants became entitled to ordinary shares in the Company ("
Shares
") on maturity of their right to "matching shares" under the rules of the Plan (the "
Rules
"). Under the Plan, participants who invest their after-tax bonus in shares become entitled, without payment, to "matching shares" on a one-for-one basis if a corporate performance target is met over a five year period. In relation to awards made on 15 April 2005, the five year performance target was met in 2010. Accordingly, under the Rules, participants are now entitled to matching shares on a one-for-one basis.
The Rules require that sufficient shares are sold to discharge the PAYE income tax liability on the shares released. In consequence, the shares set out in the second column below were sold on 24 March 2010 at a price of £10.05325 per share, leaving the after-tax number of shares set out in the final column below:-
| Name of Director | Number of Shares Sold | Number of Shares Retained |
|---|---|---|
| Rona Fairhead | 82 | 199 |
As a result, the executive director named below is interested in the following shares (excluding shares to which she may become entitled, subject to satisfaction of any relevant conditions, under the Company's employee share schemes):-
| Name of Director | Number of Shares | % of Issued Share Capital |
|---|---|---|
| Rona Fairhead | 377,779 | 0.04655% |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
PEARSON plc
Date: 24 March, 2010
By: /s/ STEPHEN JONES ----------------------- Stephen Jones Deputy Secretary