a3332k
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 April
2024
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 notification below outlines the award of restricted shares
granted to Omar Abbosh in accordance with the terms of the Chief
Executive's remuneration package as disclosed on 20 September
2023.
The award will vest in three equal tranches as soon as practicable
following 31 December 2024, 31 December 2025 and 31 December
2026. The vesting of each tranche is conditional on Mr. Abbosh
remaining in continued employment as at each vesting date. Any
shares which vest pursuant to the award will be subject to a
holding period lasting up to the vesting date of the final tranche
(31 December 2026), and may not be transferred, assigned, sold,
pledged or otherwise disposed of during the holding period save as
to satisfy any tax liability
incurred in connection with the award. The award also attracts
dividend equivalent awards.
The notification below is made in accordance with the requirements
of the UK Market Abuse Regulation. Further details will be
disclosed as appropriate in the 2024 Annual Report.
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
|
Omar Abbosh
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief Executive
|
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
|
Grant of restricted shares under the Long-Term Incentive Plan in
accordance with Mr. Abbosh's remuneration package
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
n/a
|
1,378,942 shares (see
note 1)
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Aggregated volume: 1,378,942 shares
Aggregated price: n/a
|
e)
|
Date of the transaction
|
9 April 2024
|
f)
|
Place of the transaction
|
n/a
|
Note
1: The 2023 Directors' Remuneration Report referred to the award
being over 1,391,718 shares in error.
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: 11
April
2024
|
|
|
By: /s/
NATALIE WHITE
|
|
|
|
------------------------------------
|
|
Natalie
White
|
|
Deputy
Company Secretary
|