RNS Number : 7677W
Pearson PLC
17 July 2024
 

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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