0001654954-20-007221.txt : 20200701 0001654954-20-007221.hdr.sgml : 20200701 20200701113355 ACCESSION NUMBER: 0001654954-20-007221 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200701 FILED AS OF DATE: 20200701 DATE AS OF CHANGE: 20200701 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEARSON PLC CENTRAL INDEX KEY: 0000938323 STANDARD INDUSTRIAL CLASSIFICATION: BOOKS: PUBLISHING OR PUBLISHING AND PRINTING [2731] IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16055 FILM NUMBER: 201004544 BUSINESS ADDRESS: STREET 1: 80 STRAND CITY: LONDON ENGLAND STATE: X0 ZIP: WC2R 0RL BUSINESS PHONE: 442070102000 MAIL ADDRESS: STREET 1: 80 STRAND CITY: LONDON ENGLAND STATE: X0 ZIP: WC2R 0RL 6-K 1 a7542r2.htm DIRECTOR/PDMR SHAREHOLDING a7542r2
 
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 July 2020
 
 
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 Director and PDMRs' Interests
 
 
Below are details of purchases (made under the Company's Non-Executive Directors' Share Purchase Plan) of Pearson plc ordinary shares of 25p each and American Depositary Receipts (ADRs) made on the London and New York Stock Exchanges on behalf of the Company's Chair and Non-Executive Directors on 30 June 2020:
 
 
 
Name of Director
 
No. of Shares Purchased
 
Price per Share*
 
Total Holding Following Notification
 
Elizabeth Corley
 
2,606
 
£5.80
 
27,385
 
Sherry Coutu
 
405
 
£5.80
3,953
 
Vivienne Cox
 
402
 
£5.80
8,216
 
Graeme Pitkethly
 
529
 
£5.80
1,688
 
Tim Score
 
2,186
 
£5.80
43,901
 
Lincoln Wallen
 
618
 
£5.80
10,147
 
 
 
 
Name of Director
 
No. of ADRs Purchased
 
Price per ADR*
 
Total Holding Following Notification
 
Andy Bird
 
612
 
$7.14
612
 
Linda Lorimer
 
688
 
$7.14
 
12,510
 
Michael Lynton
 
2,335
 
$7.14
 
13,822
 
Sidney Taurel
 
4,880
 
$7.14
 
213,156
 
 
* rounded to two decimal places.
 
The following notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.
 
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
 
Elizabeth Corley
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Non-Executive Director
 
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
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: £5.8020 per share
 
2,606
 
d)
 
Aggregated information
- Aggregated volume
- Price
 
 
Aggregated volume: 2,606 shares
Aggregated price: £15,120.01
 
e)
 
Date of the transaction
 
30 June 2020
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Sherry Coutu
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Non-Executive Director
 
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
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: £5.8020 per share
 
405
 
d)
 
Aggregated information
- Aggregated volume
- Price
 
 
Aggregated volume: 405 shares
Aggregated price: £2,349.81
 
e)
 
Date of the transaction
 
30 June 2020
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Vivienne Cox
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Non-Executive Director
 
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
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: £5.8020 per share
 
402
 
d)
 
Aggregated information
- Aggregated volume
- Price
 
 
Aggregated volume: 402 shares
Aggregated price: £2,332.40
 
e)
 
Date of the transaction
 
30 June 2020
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Graeme Pitkethly
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Non-Executive Director
 
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
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: £5.8020 per share
 
529
 
d)
 
Aggregated information
- Aggregated volume
- Price
 
 
Aggregated volume: 529 shares
Aggregated price: £3,069.26
 
e)
 
Date of the transaction
 
30 June 2020
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Tim Score
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Non-Executive Director
 
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
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: £5.8020 per share
 
2,186
 
d)
 
Aggregated information
- Aggregated volume
- Price
 
 
Aggregated volume: 2,186 shares
Aggregated price: £12,683.17
 
e)
 
Date of the transaction
 
30 June 2020
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Lincoln Wallen
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Non-Executive Director
 
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
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: £5.8020 per share
 
618
 
d)
 
Aggregated information
- Aggregated volume
- Price
 
 
Aggregated volume: 618 shares
Aggregated price: £3,585.64
 
e)
 
Date of the transaction
 
30 June 2020
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Andy Bird
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Non-Executive Director
 
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
 
American Depositary Receipts (ADRs) in Pearson plc (each ADR represents one ordinary share of 25 pence in Pearson plc)
ISIN: US7050151056
 
b)
 
Nature of the transaction
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: $7.1395 per ADR
 
612
 
d)
 
Aggregated information
- Aggregated volume
- Price
 
 
Aggregated volume: 612 ADRs
Aggregated price: $4,369.37
 
e)
 
Date of the transaction
 
30 June 2020
 
f)
 
Place of the transaction
 
New York Stock Exchange (XNYS)
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Linda Lorimer
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Non-Executive Director
 
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
 
American Depositary Receipts (ADRs) in Pearson plc (each ADR represents one ordinary share of 25 pence in Pearson plc)
ISIN: US7050151056
 
b)
 
Nature of the transaction
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: $7.1395 per ADR
 
688
 
d)
 
Aggregated information
- Aggregated volume
- Price
 
 
Aggregated volume: 688 ADRs
Aggregated price: $4,911.98
 
e)
 
Date of the transaction
 
30 June 2020
 
f)
 
Place of the transaction
 
New York Stock Exchange (XNYS)
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Michael Lynton
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Non-Executive Director
 
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
 
American Depositary Receipts (ADRs) in Pearson plc (each ADR represents one ordinary share of 25 pence in Pearson plc)
ISIN: US7050151056
 
b)
 
Nature of the transaction
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: $7.1395 per ADR
 
2,335
 
d)
 
Aggregated information
- Aggregated volume
- Price
 
 
Aggregated volume: 2,335 ADRs
Aggregated price: $16,670.73
 
e)
 
Date of the transaction
 
30 June 2020
 
f)
 
Place of the transaction
 
New York Stock Exchange (XNYS)
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Sidney Taurel
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Chair
 
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
 
American Depositary Receipts (ADRs) in Pearson plc (each ADR represents one ordinary share of 25 pence in Pearson plc)
ISIN: US7050151056
 
b)
 
Nature of the transaction
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: $7.1395 per ADR
 
4,880
 
d)
 
Aggregated information
- Aggregated volume
- Price
 
 
Aggregated volume: 4,880 ADRs
Aggregated price: $34,840.76
 
e)
 
Date of the transaction
 
30 June 2020
 
f)
 
Place of the transaction
 
New York Stock Exchange (XNYS)
 
 
 
 
 
 
 
 
 
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: 01 July 2020
 
 
By: /s/ NATALIE WHITE
 
 
 
------------------------------------
 
Natalie White
 
Deputy Company Secretary