Pearson PLC 6-K, filed Oct 4, 2021
Pearson PLC (PSO)
About this 6-K
Pearson PLC filed this 6-K on October 4, 2021.
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 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 Interests
The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, give details of transactions under the Company's Dividend Reinvestment Plan ("DRIP") and Long-Term Incentive Plan ("LTIP").
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | |||||||
|---|---|---|---|---|---|---|---|
| a) | Tom ap Simon | ||||||
| 2 | |||||||
| a) | President - Virtual Learning | ||||||
| b) | Initial notification | ||||||
| 3 | |||||||
| a) | Pearson plc | ||||||
| b) | 2138004JBXWWJKIURC57 | ||||||
| 4 | |||||||
| a) | American Depositary Receipts (ADRs), each representing one ordinary<br>share of 25 pence, in Pearson plc<br><br><br> <br><br><br>ISIN: US7050151056 | ||||||
| b) | Purchase of ADRs arising from Company's Dividend Reinvestment Plan<br>("DRIP") | ||||||
| c) | Price(s) | Volume(s) | |||||
| 9.73 per ADR | 48 ADRs | ||||||
| d) | Aggregated<br>volume: 48<br><br>Aggregated<br>price: 467.04 | ||||||
| e) | 30th September<br>2021 | ||||||
| f) | New York Stock Exchange (NYSE) | ||||||
| 1 | |||||||
| a) | |||||||
| 2 | |||||||
| a) | |||||||
| b) | |||||||
| 3 | |||||||
| a) | |||||||
| b) | |||||||
| 4 | |||||||
| a) | Ordinary shares of<br>25 pence each in Pearson plc | American Depositary<br>Receipts (ADRs), each representing one ordinary share of 25<br>pence, in Pearson plc | |||||
| ISIN:<br>GB0006776081 | ISIN:<br>US7050151056 | ||||||
| b) | Allotment of<br>ordinary shares following release of share award under the<br>Company's Long-Term Incentive Plan (LTIP) and sale of shares to<br>cover tax liabilities arising from vesting share<br>awards | ||||||
| c) | Allotment of<br>ordinary shares following release of LTIP award | Sale of<br>ordinary shares to cover tax liability | Conversion of<br>residual ordinary shares to ADRs | ||||
| Volume:<br>28,813<br><br><br>Price :<br>n/a | Volume:<br>13,974<br><br> <br><br>Price:<br>7.26222 per share<br><br> <br><br>Aggregated price:<br>101,482.26 | Volume:<br>14,839<br><br><br><br><br><br>Price:<br>n/a | |||||
| d) | Aggregated volume:<br>see 4 (c) above Aggregated price: see 4 (c) above | ||||||
| e) | 1<br>October 2021 | ||||||
| f) | London<br>Stock Exchange (XLON) | New<br>York Stock Exchange (NYSE) |
All values are in US Dollars.
| 1 | Details of the person discharging managerial<br>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,<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), each representing one ordinary<br>share of 25 pence, in Pearson plc<br><br><br> <br><br><br>ISIN: US7050151056 |
| b) | Nature of the transaction | Purchase of ADRs arising from Company's Dividend Reinvestment Plan<br>("DRIP") |
| c) | Price(s) and volume(s) | Price(s) |
| 9.73 per ADR | ||
| d) | Aggregated information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated<br>volume: 751<br><br>Aggregated<br>price: 7,307.23 |
| e) | Date of the transaction | 30th September<br>2021 |
| f) | Place of the transaction | New York Stock Exchange (NYSE) |
All values are in US Dollars.
| 1 | Details of the person discharging managerial<br>responsibilities/person closely associated | |
|---|---|---|
| a) | Name | Bob 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,<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), each representing one ordinary<br>share of 25 pence, in Pearson plc<br><br><br> <br><br><br>ISIN: US7050151056 |
| b) | Nature of the transaction | Purchase of ADRs arising from Company's Dividend Reinvestment Plan<br>("DRIP") |
| c) | Price(s) and volume(s) | Price(s) |
| 9.73 per ADR | ||
| d) | Aggregated information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated<br>volume: 330<br><br>Aggregated<br>price: 3,210.90 |
| e) | Date of the transaction | 30th September<br>2021 |
| f) | Place of the transaction | New York Stock Exchange (NYSE) |
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: 04<br>October 2021 | |
| By: /s/<br>NATALIE WHITE | |
| ------------------------------------ | |
| Natalie<br>White | |
| Deputy<br>Company Secretary |