6-K 1 a7212u.htm DIRECTOR/PDMR SHAREHOLDING a7212u
 
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 2021
 
 
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's 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
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
Allotment 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)
Allotment of ordinary shares following release of MIP award
Sale of ordinary shares to cover tax liability
 
Conversion of residual ordinary shares to ADRs
Volume: 128,583
 
Price : n/a
Volume: 62,358
 
Price: £7.79034 per share
 
Aggregated price: £485,790
 
Volume: 66,225
 
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 2021
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
Roderick Bristow
2
Reason for the notification
a)
Position/status
President, Pearson UK & Global Online 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
Allotment 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)
Allotment of ordinary shares following release of MIP award
Sale of shares to cover tax liability
Volume: 93,928
 
Price : n/a
Volume: 44,280
 
Price: £7.79034 per share
 
Aggregated price: £344,956
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 2021
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
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
Allotment 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)
Allotment of ordinary shares following release of MIP award
Sale of shares to cover tax liability
Volume: 119,606
 
Price : n/a
Volume: 20,516
 
Price: £7.79034 per share
 
Aggregated price: £159,827
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 2021
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Cinthia Nespoli
2
Reason for the notification
a)
Position/status
Chief Legal 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
Allotment 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)
Allotment of ordinary shares following release of MIP award
Sale of shares to cover tax liability
Volume: 6,268
 
Price : n/a
Volume: 635
 
Price: £7.79034 per share
 
Aggregated price: £4,947
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 2021
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Albert Hitchcock
2
Reason for the notification
a)
Position/status
Head of Telecom and Technology Partnerships
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
Allotment 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)
Allotment of ordinary shares following release of MIP award
Sale of shares to cover tax liability
Volume: 113,787
 
Price : n/a
Volume: 53,642
 
Price: £7.79034 per share
 
Aggregated price: £417,889
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 2021
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
Allotment 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)
Allotment of ordinary shares following release of MIP award
Sale of shares to cover tax liability
Volume: 15,283
 
Price : n/a
Volume: 7,205
 
Price: £7.79034 per share
 
Aggregated price: £56,129
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 2021
f)
Place of the transaction
London Stock Exchange (XLON)
 
 
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Robert Whelan
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
Allotment of ordinary shares following release of share award under the Company's Management Incentive Plan (MIP) and sale of shares
c)
Price(s) and volume(s)
Allotment of ordinary shares following release of MIP award
Sale of ordinary shares
Conversion of residual ordinary shares to ADRs
Volume: 98,774
 
Price : n/a
Volume: 80,899
 
Price: £7.79034 per share
 
Aggregated price: £630,231
 
Volume: 17,875
 
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 2021
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: 07 April 2021
 
 
 
By: /s/ NATALIE WHITE
 
 
 
 
------------------------------------
 
 
Natalie White
 
 
Deputy Company Secretary