6-K 1 a9655n.htm DIRECTOR/PDMR SHAREHOLDING a9655n
 
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 October 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 PDMR Interests
 
 
The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give details of transactions under the Company's Dividend Reinvestment Plan ("DRIP") and Long-Term Incentive Plan ("LTIP").
 
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 - 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
Identification code
 
American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc
 
ISIN: US7050151056
 
b)
 
Nature of the transaction
 
Purchase of ADRs arising from Company's Dividend Reinvestment Plan ("DRIP")
 
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
$9.73 per ADR
 
48 ADRs
 
 
d)
 
Aggregated information
- Aggregated volume
- Price
 
 
Aggregated volume: 48
Aggregated price: $467.04
 
 
e)
 
Date of the transaction
 
30th September 2021
 
 
f)
 
Place of the transaction
 
New York Stock Exchange (NYSE)
 
 
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 - 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
 
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 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: 28,813
Price : n/a
Volume: 13,974
 
Price: £7.26222 per share
 
Aggregated price: £101,482.26
 Volume: 14,839
 
 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 October 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
 
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
 
American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc
 
ISIN: US7050151056
b)
 
Nature of the transaction
 
Purchase of ADRs arising from Company's Dividend Reinvestment Plan ("DRIP")
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Price(s) and volume(s)
 
$9.73 per ADR
 
751 ADRs
 
d)
 
Aggregated information
- Aggregated volume
- Price
 
 
Aggregated volume: 751
Aggregated price: $7,307.23
 
e)
 
Date of the transaction
 
30th September 2021
 
f)
 
Place of the transaction
 
New York Stock Exchange (NYSE)
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Bob 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
 
American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc
 
ISIN: US7050151056
b)
 
Nature of the transaction
 
Purchase of ADRs arising from Company's Dividend Reinvestment Plan ("DRIP")
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
$9.73 per ADR
 
330 ADRs
 
d)
 
Aggregated information
- Aggregated volume
- Price
 
 
Aggregated volume: 330
Aggregated price: $3,210.90
 
e)
 
Date of the transaction
 
30th September 2021
 
f)
 
Place of the transaction
 
New York Stock Exchange (NYSE)
 
 
 
 
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: 04 October 2021
 
 
By: /s/ NATALIE WHITE
 
 
 
------------------------------------
 
Natalie White
 
Deputy Company Secretary