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 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 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 ADRs following release of MIP award | Sale of ADRs to cover tax liability |
Volume: 8,222 Price: n/a | Volume: 3,787 Price: $13.0397 per share Aggregated price: $49,381.34 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above | |
e) | Date of the transaction | 02 April 2024 | |
f) | Place of the transaction | New York Stock Exchange (XNYS) |
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: 30,302 Price: n/a | Volume: 6,147 Price: £10.406661 per share Aggregated price: £63,969.75 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above | |
e) | Date of the transaction | 02 April 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 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 ADRs following release of MIP award | Sale of ADRs to cover tax liability |
Volume: 1,821 Price: n/a | Volume: 517 Price: $13.0397 per share Aggregated price: $6,741.52 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: see 4 (c) above Aggregated price: see 4 (c) above | |
e) | Date of the transaction | 02 April 2024 | |
f) | Place of the transaction | New York Stock Exchange (XNYS) |
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: 04 April 2024 | |
By: /s/ NATALIE WHITE | |
------------------------------------ | |
Natalie White | |
Deputy Company Secretary |