Pearson PLC — Foreign Filer Report 2021

May 7, 2021

6-K 1 a9553x.htm DIRECTOR/PDMR SHAREHOLDING Document created using Blueprint(R) - powered by Issuer Direct - www.issuerdirect.com Copyright 2021 Issuer Direct Corporation a9553x

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 May 2021

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

Pearson plc - (the "Company")

Notification of PDMRs' Interests

The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

| 1 — a) | Details of the person discharging managerial
responsibilities/person closely associated — 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 Identification code | Ordinary shares of 25 pence each in Pearson plc ISIN: GB0006776081 | | American Depositary Receipts
(ADRs), each representing
one ordinary share of 25 pence,
in Pearson plc ISIN: US7050151056 |
| b) | Nature of the transaction | Allotment 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) | Allotment of ordinary shares following release of LTIP
award | Sale of ordinary shares to
cover tax liability | Conversion
of residual ordinary shares to ADRs |
| | | Volume: 28,046 Purchase price: N/A | Volume: 9,382 Price £7.973 per share Aggregated price: £74,803 | Volume:18,664 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 | 4 May 2021 | | |
| f) | Place of the transaction | London Stock Exchange (XLON) | | New York Stock Exchange (NYSE) |

| 1 — a) | Details of the person discharging managerial
responsibilities/person closely associated — 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 Identification code | Ordinary shares of 25 pence each in Pearson plc ISIN: GB0006776081 | | American Depositary Receipts (ADRs), each representing one ordinary
share of 25 pence, in Pearson plc ISIN: US7050151056 |
| b) | Nature of the transaction | Allotment of ordinary shares following release of share award under
the Company's Long-Term Incentive Plan 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 LTIP
award | Sale of ordinary shares | Conversion of residual ordinary shares to ADRs |
| | | Volume: 28,046 Price n/a | Volume: 8,608 Price: £7.973 per share Aggregated price: £ 68,632 | Volume: 19,438 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 | 4 May 2021 | | |
| f) | Place of t transaction | London Stock Exchange (XLON) | New York Stock Exchange (NYSE) | |

| 1 — a) | Details of the person discharging managerial
responsibilities/person closely associated — 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 Identification code | Ordinary shares of 25 pence each in Pearson plc ISIN: GB0006776081 | |
| b) | Nature of the transaction | Allotment of ordinary shares following release of share award under
the Company's Long-Term Incentive Plan 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 LTIP
award | Sale of shares to cover tax liability |
| | | Volume: 28,046 Price: N/A | Volume: 1,541 Price: £7.973 per share Aggregated price: £12,287 |
| d) | Aggregated information - Aggregated volume - Price | Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above | |
| e) | Date of the transaction | 4 May 2021 | |
| f) | Place of the transaction | London Stock Exchange (XLON) | |

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.

Date: 07
May 2021
By: /s/
NATALIE WHITE
------------------------------------
Natalie
White
Deputy
Company Secretary

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