Pearson PLC 6-K, filed Oct 2, 2020
Pearson PLC (PSO)
6-K
2020-10-02
For: 2020-10-02
View Original
Added on
April 08, 2026
About this 6-K
Pearson PLC filed this 6-K on October 2, 2020.
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 October 2020
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 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 and Non-Executive Directors on 30 September 2020:
| Name of Director | No. of Shares Purchased | Price per Share* | Total Holding Following Notification |
|---|---|---|---|
| Elizabeth Corley | 2,879 | £5.55 | 30,264 |
| Sherry Coutu | 513 | £5.55 | 4,466 |
| Vivienne Cox | 404 | £5.55 | 8,620 |
| Graeme Pitkethly | 271 | £5.55 | 1,959 |
| Tim Score | 2,428 | £5.55 | 46,329 |
| Lincoln Wallen | 797 | £5.55 | 11,067 |
| Name of Director | No. of ADRs Purchased | Price per ADR* | Total Holding Following Notification |
| --- | --- | --- | --- |
| Andy Bird | 825 | $7.17 | 586,437 |
| Linda Lorimer | 724 | $7.17 | 13,234 |
| Michael Lynton | 2,637 | $7.17 | 16,459 |
| Sidney Taurel | 5,890 | $7.17 | 219,046 |
* rounded to two decimal places.
The following notifications, made in accordance with the requirements of the EU 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<br>responsibilities/person closely associated | |
|---|---|---|
| a) | Name | Elizabeth Corley |
| 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,<br>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<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | |
| a) | Description of the financial instrument, type of<br>instrument<br><br><br>Identification code | Ordinary shares of 25 pence each in Pearson plc<br><br><br> <br><br><br>ISIN: GB0006776081 |
| b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors'<br>Share Purchase Plan |
| c) | Price(s) and volume(s) | Price(s) |
| Purchase price: 5.5460 per share | ||
| d) | Aggregated information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated volume: 2,879 shares<br><br><br>Aggregated price: 15,966.93 |
| e) | Date of the transaction | 30 September 2020 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| 1 | Details of the person discharging managerial<br>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,<br>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<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | |
| a) | Description of the financial instrument, type of<br>instrument<br><br><br>Identification code | Ordinary shares of 25 pence each in Pearson plc<br><br><br> <br><br><br>ISIN: GB0006776081 |
| b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors'<br>Share Purchase Plan |
| c) | Price(s) and volume(s) | Price(s) |
| Purchase price: 5.5460 per share | ||
| d) | Aggregated information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated volume: 513 shares<br><br><br>Aggregated price: 2,845.10 |
| e) | Date of the transaction | 30 September 2020 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| 1 | Details of the person discharging managerial<br>responsibilities/person closely associated | |
|---|---|---|
| a) | Name | Vivienne Cox |
| 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,<br>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<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | |
| a) | Description of the financial instrument, type of<br>instrument<br><br><br>Identification code | Ordinary shares of 25 pence each in Pearson plc<br><br><br> <br><br><br>ISIN: GB0006776081 |
| b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors'<br>Share Purchase Plan |
| c) | Price(s) and volume(s) | Price(s) |
| Purchase price: 5.5460 per share | ||
| d) | Aggregated information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated volume: 404 shares<br><br><br>Aggregated price: 2,240.58 |
| e) | Date of the transaction | 30 September 2020 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| 1 | Details of the person discharging managerial<br>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,<br>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<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | |
| a) | Description of the financial instrument, type of<br>instrument<br><br><br>Identification code | Ordinary shares of 25 pence each in Pearson plc<br><br><br> <br><br><br>ISIN: GB0006776081 |
| b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors'<br>Share Purchase Plan |
| c) | Price(s) and volume(s) | Price(s) |
| Purchase price: 5.5460 per share | ||
| d) | Aggregated information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated volume: 271 shares<br><br><br>Aggregated price: 1,502.97 |
| e) | Date of the transaction | 30 September 2020 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| 1 | Details of the person discharging managerial<br>responsibilities/person closely associated | |
|---|---|---|
| a) | Name | Tim Score |
| 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,<br>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<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | |
| a) | Description of the financial instrument, type of<br>instrument<br><br><br>Identification code | Ordinary shares of 25 pence each in Pearson plc<br><br><br> <br><br><br>ISIN: GB0006776081 |
| b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors'<br>Share Purchase Plan |
| c) | Price(s) and volume(s) | Price(s) |
| Purchase price: 5.5460 per share | ||
| d) | Aggregated information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated volume: 2,428 shares<br><br><br>Aggregated price: 13,465.69 |
| e) | Date of the transaction | 30 September 2020 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| 1 | Details of the person discharging managerial<br>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,<br>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<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | |
| a) | Description of the financial instrument, type of<br>instrument<br><br><br>Identification code | Ordinary shares of 25 pence each in Pearson plc<br><br><br> <br><br><br>ISIN: GB0006776081 |
| b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors'<br>Share Purchase Plan |
| c) | Price(s) and volume(s) | Price(s) |
| Purchase price: 5.5460 per share | ||
| d) | Aggregated information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated volume: 797 shares<br><br><br>Aggregated price: 4,420.16 |
| e) | Date of the transaction | 30 September 2020 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
All values are in British Pounds.
| 1 | Details of the person discharging managerial<br>responsibilities/person closely associated | |
|---|---|---|
| a) | Name | Andy Bird |
| 2 | Reason for the notification | |
| a) | Position/status | Non-Executive Director and Chief Executive-elect |
| b) | Initial notification /Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant,<br>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<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | |
| a) | Description of the financial instrument, type of<br>instrument<br><br><br>Identification code | American Depositary Receipts (ADRs) in Pearson plc (each ADR<br>represents one ordinary share of 25 pence in Pearson<br>plc)<br><br><br>ISIN: US7050151056 |
| b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors'<br>Share Purchase Plan |
| c) | Price(s) and volume(s) | Price(s) |
| Purchase price: 7.1718 per ADR | ||
| d) | Aggregated information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated volume: 825 ADRs<br><br><br>Aggregated price: 5,916.74 |
| e) | Date of the transaction | 30 September 2020 |
| f) | Place of the transaction | New York Stock Exchange (XNYS) |
All values are in US Dollars.
| 1 | Details of the person discharging managerial<br>responsibilities/person closely associated | |
|---|---|---|
| a) | Name | Linda Lorimer |
| 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,<br>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<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | |
| a) | Description of the financial instrument, type of<br>instrument<br><br><br>Identification code | American Depositary Receipts (ADRs) in Pearson plc (each ADR<br>represents one ordinary share of 25 pence in Pearson<br>plc)<br><br><br>ISIN: US7050151056 |
| b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors'<br>Share Purchase Plan |
| c) | Price(s) and volume(s) | Price(s) |
| Purchase price: 7.1718 per ADR | ||
| d) | Aggregated information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated volume: 724 ADRs<br><br><br>Aggregated price: 5,192.38 |
| e) | Date of the transaction | 30 September 2020 |
| f) | Place of the transaction | New York Stock Exchange (XNYS) |
All values are in US Dollars.
| 1 | Details of the person discharging managerial<br>responsibilities/person closely associated | |
|---|---|---|
| a) | Name | Michael Lynton |
| 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,<br>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<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | |
| a) | Description of the financial instrument, type of<br>instrument<br><br><br>Identification code | American Depositary Receipts (ADRs) in Pearson plc (each ADR<br>represents one ordinary share of 25 pence in Pearson<br>plc)<br><br><br>ISIN: US7050151056 |
| b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors'<br>Share Purchase Plan |
| c) | Price(s) and volume(s) | Price(s) |
| Purchase price: 7.1718 per<br>ADR | ||
| d) | Aggregated information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated volume: 2,637 ADRs<br><br><br>Aggregated price: 18,912.04 |
| e) | Date of the transaction | 30 September 2020 |
| f) | Place of the transaction | New York Stock Exchange (XNYS) |
All values are in US Dollars.
| 1 | Details of the person discharging managerial<br>responsibilities/person closely associated | |
|---|---|---|
| a) | Name | Sidney Taurel |
| 2 | Reason for the notification | |
| a) | Position/status | Chair |
| b) | Initial notification /Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant,<br>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<br>type of instrument; (ii) each type of transaction; (iii) each date;<br>and (iv) each place where transactions have been<br>conducted | |
| a) | Description of the financial instrument, type of<br>instrument<br><br><br>Identification code | American Depositary Receipts (ADRs) in Pearson plc (each ADR<br>represents one ordinary share of 25 pence in Pearson<br>plc)<br><br><br>ISIN: US7050151056 |
| b) | Nature of the transaction | Purchase of shares arising from Company's Non-Executive Directors'<br>Share Purchase Plan |
| c) | Price(s) and volume(s) | Price(s) |
| Purchase price: 7.1718 per ADR | ||
| d) | Aggregated information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated volume: 5,890 ADRs<br><br><br>Aggregated price: 42,241.90 |
| e) | Date of the transaction | 30 September 2020 |
| f) | Place of the transaction | New York Stock Exchange (XNYS) |
All values are in US Dollars.
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<br>plc | |
|---|---|
| Date: 02<br>October 2020 | |
| By: /s/<br>NATALIE WHITE | |
| ------------------------------------ | |
| Natalie<br>White | |
| Deputy<br>Company Secretary |