Pearson plc - (the "Company")
The following amendment has been made to the 'Notification of PDMR Interests' announcement released on 03/05/2024 at 3.30pm under RNS No. 2461N:
The volume of ADRs released for Arthur Valentine (4c) has been corrected. It was previously announced that 31,640 ADRs were released, the corrected figure is 29,127 ADRs.
All other details remain unchanged. The full amendment text is shown below.
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 settled on a net-of-tax basis, following release of share award under the Company's Long-Term Incentive Plan (LTIP) |
| c) | Price(s) and volume(s) | Volume: 52,704 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 May 2024 |
| f) | Place of the transaction | Outside a trading venue |
| 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: 157,241 Price: n/a | Volume: 31,206 Price: £9.706565 per share Aggregated price: £302,903.07 | ||
| d) | Aggregated information - Aggregated volume - Price | Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above | |
| e) | Date of the transaction | 1 May 2024 | |
| 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: 141,930 Price: n/a | Volume: 66,708 Price: £9.706565 per share Aggregated price: £647,505.54 | ||
| d) | Aggregated information - Aggregated volume - Price | Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above | |
| e) | Date of the transaction | 1 May 2024 | |
| 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 settled on a net-of-tax basis, following release of share award under the Company's Long-Term Incentive Plan (LTIP) |
| c) | Price(s) and volume(s) | Volume: 29,127 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 May 2024 |
| f) | Place of the transaction | Outside a trading venue |
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