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 2022
 
 
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
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 Management Incentive Plan (MIP) 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 MIP award
 
Sale of ordinary shares to cover tax liability
Volume: 8,081
 
Price: n/a
Volume: 3,810
 
Price: £7.52842 per share
 
Aggregated price: £28,683.28
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
Aggregated volume: see 4 (c) above
 
Aggregated price: see 4 (c) above
e)
Date of the transaction
31 March 2022
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
 
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 - 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
Ordinary shares of 25 pence each in Pearson plc
American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc
 
 
Identification code
ISIN: GB0006776081
ISIN: US7050151056
 
b)
Nature of the transaction
Release of ordinary shares following release of share award under the Company's Management Incentive Plan (MIP) 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 MIP award
Sale of ordinary shares to cover tax liability
Conversion of residual ordinary shares to ADRs
 
Volume: 16,563
 
Price: n/a
Volume: 4,984
 
Price: £7.52842 per share
 
Aggregated price: £37,521.65
 
Volume: 11,579
 
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
31 March 2022
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
New York Stock Exchange (NYSE)
 
 
1
Details of the person discharging managerial responsibilities/person closely associated
 
a)
Name
Timothy Bozik
 
2
Reason for the notification
 
a)
Position/status
President - Higher Education
 
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
American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc
 
Identification code
ISIN: GB0006776081
ISIN: US7050151056
 
b)
Nature of the transaction
Release of ordinary shares following release of share award under the Company's Management Incentive Plan (MIP) 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 MIP award
Sale of ordinary shares to cover tax liability
Conversion of residual ordinary shares to ADRs
 
Volume: 99,567
 
Price: n/a
Volume: 32,958
 
Price: £7.52842 per share
 
Aggregated price: £248,121.67
 
Volume: 66,609
 
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
31 March 2022
 
f)
Place of the transaction
London Stock Exchange (XLON)
New York Stock Exchange (NYSE)
 
 
 
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 Management Incentive Plan (MIP) 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 MIP award
Sale of ordinary shares to cover tax liability
 
Volume: 92,616
 
Price: n/a
Volume: 20,802
 
Price: £7.52842 per share
 
Aggregated price: £156,606.19
 
d)
Aggregated information
 
- Aggregated volume
 
- Price
 
Aggregated volume: see 4 (c) above
 
Aggregated price: see 4 (c) above
 
e)
Date of the transaction
31 March 2022
 
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
 
Ordinary shares of 25 pence each in Pearson plc
American Depositary Receipts (ADRs), each representing one ordinary share of 25 pence, in Pearson plc
 
 
Identification code
ISIN: GB0006776081
ISIN: US7050151056
 
b)
Nature of the transaction
Release of ordinary shares following release of share award under the Company's Management Incentive Plan (MIP) 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 MIP award
Sale of ordinary shares to cover tax liability
Conversion of residual ordinary shares to ADRs
Volume: 7,640
 
Price: n/a
 
Volume: 1,919
 
Price: £7.52842 per share
 
Aggregated price: £14,447.04
 
Volume: 5,721
 
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
31 March 2022
 
f)
Place of the transaction
London Stock Exchange (XLON)
 
New York Stock Exchange (NYSE)
 
 
 
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: 4 April 2022
 
 
By: /s/ NATALIE WHITE
 
 
 
------------------------------------
 
Natalie White
 
Deputy Company Secretary
 
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