Pearson plc

07/05/2023 | Press release | Distributed by Public on 07/05/2023 06:04

Notification of Director and PDMRs' Interests - Form 6-K

Notification of Director and PDMRs' Interests
Below are details of purchases (made under the Company's Non-Executive Directors' Share Purchase Plan) of Pearson plc ordinary shares of 25p each and American Depositary Receipts (ADRs) made on the London and New York Stock Exchanges on behalf of the Company's Chair, Deputy Chair and Senior Independent Director, and Non-Executive Directors on 30 June 2023:
Name of Director
No. of Shares Purchased
Price per Share*
Total Holding Following Notification
Sherry Coutu
1,152
£8.22
12,899
Alison Dolan
82
£8.22
82
Graeme Pitkethly
261
£8.22
10,995
Tim Score
2,962
£8.22
73,366
Annette Thomas
506
£8.22
3,303
Lincoln Wallen
480
£8.22
17,560
Name of Director
No. of ADRs Purchased
Price per ADR*
Total Holding Following Notification
Alex Hardiman
94
$10.45
94
Omid Kordestani
8,510
$10.45
49,045
Esther Lee
479
$10.45
2,738
* rounded to two decimal places.
The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give further detail.
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
Sherry Coutu
2
Reason for the notification
a)
Position/status
Non-Executive Director
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
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Purchase price:£8.221274per share
1,152
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 1,152shares
Aggregated price: £9,470.91
e)
Date of the transaction
30 June 2023
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Alison Dolan
2
Reason for the notification
a)
Position/status
Non-Executive Director
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
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Purchase price:£8.221274per share
82
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 82shares
Aggregated price: £674.14
e)
Date of the transaction
30 June 2023
f)
Place of the transaction
London Stock Exchange (XLON)

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Graeme Pitkethly
2
Reason for the notification
a)
Position/status
Non-Executive Director
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
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Purchase price:£8.221274per share
261
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 261 shares
Aggregated price: £2,145.75
e)
Date of the transaction
30 June 2023
f)
Place of the transaction
London Stock Exchange (XLON)

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Tim Score
2
Reason for the notification
a)
Position/status
Deputy Chair and Senior Independent Director
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
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Purchase price:£8.221274per share
2,962
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 2,962shares
Aggregated price: £24,351.41
e)
Date of the transaction
30 June 2023
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Annette Thomas
2
Reason for the notification
a)
Position/status
Non-Executive Director
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
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Purchase price:£8.221274per share
506
d)
Aggregated information
- Aggregated volume
- Price

Aggregated volume: 506 shares
Aggregated price: £4,159.96
e)
Date of the transaction
30 June 2023
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Lincoln Wallen
2
Reason for the notification
a)
Position/status
Non-Executive Director
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
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Purchase price:£8.221274per share
480
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 480 shares
Aggregated price: £3,946.21
e)
Date of the transaction
30 June 2023
f)
Place of the transaction
London Stock Exchange (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Alex Hardiman
2
Reason for the notification
a)
Position/status
Non-Executive Director
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) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc
ISIN: US7050151056
b)
Nature of the transaction
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Purchase price: $10.4531 per ADR
94
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 94 ADRs
Aggregated price: $982.59
e)
Date of the transaction
30 June 2023
f)
Place of the transaction
New York Stock Exchange (XNYS)

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Omid Kordestani
2
Reason for the notification
a)
Position/status
Chair
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) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc
ISIN: US7050151056
b)
Nature of the transaction
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Purchase price: $10.4531 per ADR
8,510
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 8,510 ADRs
Aggregated price: $88,955.88
e)
Date of the transaction
30 June 2023
f)
Place of the transaction
New York Stock Exchange (XNYS)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Esther Lee
2
Reason for the notification
a)
Position/status
Non-Executive Director
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) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc
ISIN: US7050151056
b)
Nature of the transaction
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Purchase price: $10.4531 per ADR
479
d)
Aggregated information
- Aggregated volume
- Price
Aggregated volume: 479 ADRs
Aggregated price: $5,007.03
e)
Date of the transaction
30 June 2023
f)
Place of the transaction
New York Stock Exchange (XNYS)