0001654954-23-005774.txt : 20230504 0001654954-23-005774.hdr.sgml : 20230504 20230504140755 ACCESSION NUMBER: 0001654954-23-005774 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230504 FILED AS OF DATE: 20230504 DATE AS OF CHANGE: 20230504 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: 23887884 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 a4811y.htm DIRECTOR/PDMR SHAREHOLDING a4811y
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 2023
 
 
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
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 - Higher Education and 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
 
American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc
 
Identification code
ISIN: US7050151056
 
b)
Nature of the transaction
 
Release of ADRs 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)
Release of ADRs following release of LTIP award
 
Sale of ADRs to cover tax liability
Volume: 23,082
Price: n/a
Volume: 10,662
Price: $9.3374 per share
Aggregated price: $99,555.36
 
d)
Aggregated information
 
- Aggregated volume
- Price
 
 
 
Aggregated volume: see 4 (c) above
Aggregated price: see 4 (c) above
e)
Date of the transaction
 
2 May 2023
f)
Place of the transaction
 
New York Stock Exchange (XNYS)
 
 
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
 
Release 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)
Release of ordinary Shares following release of LTIP award
 
Sale of ordinary shares to cover tax liability
Volume: 38,552
Price: n/a
 
Volume: 5,661
Price: £7.62265 per share
Aggregated price: £43,151.83
 
d)
Aggregated information
 
- Aggregated volume
- Price
 
 
 
Aggregated volume: see 4 (c) above
Aggregated price: see 4 (c) above
e)
Date of the transaction
 
2 May 2023
f)
Place of the transaction
 
London Stock Exchange (XLON)
 
 
1
Details of the person discharging managerial responsibilities/person closely associated
 
a)
Name
 
Mike Howells
2
Reason for the notification
 
a)
Position/status
 
President - Workforce Skills
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
 
Release 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)
Release of ordinary Shares following release of LTIP award
 
Sale of ordinary shares to cover tax liability
Volume: 21,410
Price: n/a
Volume: 10,095
Price: £7.622651
per share Aggregated price: £76,950.66
 
d)
Aggregated information
 
- Aggregated volume
- Price
 
 
 
Aggregated volume: see 4 (c) above
Aggregated price: see 4 (c) above
e)
Date of the transaction
 
2 May 2023
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
 
Release 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)
Release of ordinary Shares following release of LTIP award
 
Sale of ordinary shares to cover tax liability
Volume: 138,349
Price: n/a
Volume: 65,220
Price: £7.622651
per share Aggregated price: £497,149.30
 
d)
Aggregated information
 
- Aggregated volume
- Price
 
 
 
Aggregated volume: see 4 (c) above
Aggregated price: see 4 (c) above
e)
Date of the transaction
 
2 May 2023
f)
Place of the transaction
 
London Stock Exchange (XLON)
 
 
1
Details of the person discharging managerial responsibilities/person closely associated
 
a)
Name
 
Arthur Valentine
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
 
American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc
 
Identification code
 
ISIN: US7050151056
b)
Nature of the transaction
 
Release of ADRs 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)
Release of ADRs following release of LTIP award
 
Sale of ADRs to cover tax liability
Volume: 13,477
Price: n/a
Volume: 3,698
Price: $9.3374 per share
Aggregated price: $34,529.71
 
d)
Aggregated information
 
- Aggregated volume
- Price
 
 
 
Aggregated volume: see 4 (c) above
Aggregated price: see 4 (c) above
e)
Date of the transaction
 
2 May 2023
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: 04 May 2023
 
 
By: /s/ NATALIE WHITE
 
 
 
------------------------------------
 
Natalie White
 
Deputy Company Secretary