Pearson PLC 6-K, filed Apr 7, 2021
Pearson PLC (PSO)
6-K
2021-04-07
For: 2021-04-07
View Original
Added on
July 04, 2026
About this 6-K
Pearson PLC filed this 6-K on April 7, 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 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<br>responsibilities/person closely associated | ||||
|---|---|---|---|---|---|
| a) | Name | Timothy<br>Bozik | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | President<br>- Higher Education | |||
| b) | Initial<br>notification / Amendment | Initial<br>notification | |||
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||||
| a) | Name | Pearson<br>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<br>of the financial instrument, type of instrument | Ordinary<br>shares of 25 pence each in Pearson plc | American<br>Depositary Receipts (ADRs), each representing one ordinary share of<br>25 pence, in Pearson plc | ||
| Identification code | ISIN:<br>GB0006776081 | ISIN:<br>US7050151056 | |||
| b) | Nature<br>of the transaction | Allotment<br>of ordinary shares following release of share award under the<br>Company's Management Incentive Plan (MIP) and sale of shares to<br>cover tax liabilities arising from vesting share<br>awards | |||
| c) | Price(s)<br>and volume(s) | Allotment<br>of ordinary shares following release of MIP award | Sale<br>of ordinary shares to cover tax liability | Conversion<br>of residual ordinary shares to ADRs | |
| Volume:<br>128,583<br><br><br><br><br><br>Price<br>: n/a | Volume: 62,358<br><br><br><br><br><br>Price: £7.79034 per share<br><br><br><br><br><br>Aggregated price: £485,790 | Volume: 66,225<br><br><br><br><br><br>Price: n/a | |||
| d) | Aggregated<br>information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated<br>volume: see 4 (c) above Aggregated price: see 4 (c)<br>above | |||
| e) | Date<br>of the transaction | 31<br>March 2021 | |||
| f) | Place<br>of the transaction | London<br>Stock Exchange (XLON) | New<br>York Stock Exchange (NYSE) | ||
| 1 | Details of the person discharging managerial<br>responsibilities/person closely associated | ||||
| --- | --- | --- | --- | ||
| a) | Name | Roderick<br>Bristow | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | President,<br>Pearson UK & Global Online Learning | |||
| b) | Initial<br>notification / Amendment | Initial<br>notification | |||
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||||
| a) | Name | Pearson<br>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<br>of the financial instrument, type of instrument | Ordinary<br>shares of 25 pence each in Pearson plc | |||
| Identification code | ISIN:<br>GB0006776081 | ||||
| b) | Nature<br>of the transaction | Allotment<br>of ordinary shares following release of share award under the<br>Company's Management Incentive Plan (MIP) and sale of shares to<br>cover tax liabilities arising from vesting share<br>awards | |||
| c) | Price(s)<br>and volume(s) | Allotment<br>of ordinary shares following release of MIP award | Sale<br>of shares to cover tax liability | ||
| Volume:<br>93,928<br><br><br><br><br><br>Price<br>: n/a | Volume:<br>44,280<br><br><br><br><br><br>Price:<br>£7.79034 per share<br><br><br><br><br><br>Aggregated<br>price: £344,956 | ||||
| d) | Aggregated<br>information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated<br>volume: see 4 (c) above Aggregated price: see 4 (c)<br>above | |||
| e) | Date<br>of the transaction | 31<br>March 2021 | |||
| f) | Place<br>of the transaction | London<br>Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial<br>responsibilities/person closely associated | ||||
| --- | --- | --- | --- | ||
| a) | Name | Giovanni<br>Giovannelli | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | President<br>- English Language Learning | |||
| b) | Initial<br>notification / Amendment | Initial<br>notification | |||
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||||
| a) | Name | Pearson<br>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<br>of the financial instrument, type of instrument | Ordinary<br>shares of 25 pence each in Pearson plc | |||
| Identification code | ISIN:<br>GB0006776081 | ||||
| b) | Nature<br>of the transaction | Allotment<br>of ordinary shares following release of share award under the<br>Company's Management Incentive Plan (MIP) and sale of shares to<br>cover tax liabilities arising from vesting share<br>awards | |||
| c) | Price(s)<br>and volume(s) | Allotment<br>of ordinary shares following release of MIP award | Sale<br>of shares to cover tax liability | ||
| Volume:<br>119,606<br><br><br><br><br><br>Price<br>: n/a | Volume:<br>20,516<br><br><br><br><br><br>Price:<br>£7.79034 per share<br><br><br><br><br><br>Aggregated<br>price: £159,827 | ||||
| d) | Aggregated<br>information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated<br>volume: see 4 (c) above Aggregated price: see 4 (c)<br>above | |||
| e) | Date<br>of the transaction | 31<br>March 2021 | |||
| f) | Place<br>of the transaction | London<br>Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial<br>responsibilities/person closely associated | ||||
| --- | --- | --- | --- | ||
| a) | Name | Cinthia<br>Nespoli | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief<br>Legal Officer | |||
| b) | Initial<br>notification / Amendment | Initial<br>notification | |||
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||||
| a) | Name | Pearson<br>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<br>of the financial instrument, type of instrument | Ordinary<br>shares of 25 pence each in Pearson plc | |||
| Identification code | ISIN:<br>GB0006776081 | ||||
| b) | Nature<br>of the transaction | Allotment<br>of ordinary shares following release of share award under the<br>Company's Management Incentive Plan (MIP) and sale of shares to<br>cover tax liabilities arising from vesting share<br>awards | |||
| c) | Price(s)<br>and volume(s) | Allotment<br>of ordinary shares following release of MIP award | Sale<br>of shares to cover tax liability | ||
| Volume:<br>6,268<br><br><br><br><br><br>Price<br>: n/a | Volume:<br>635<br><br><br><br><br><br>Price:<br>£7.79034 per share<br><br><br><br><br><br>Aggregated<br>price: £4,947 | ||||
| d) | Aggregated<br>information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated<br>volume: see 4 (c) above Aggregated price: see 4 (c)<br>above | |||
| e) | Date<br>of the transaction | 31<br>March 2021 | |||
| f) | Place<br>of the transaction | London<br>Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial<br>responsibilities/person closely associated | ||||
| --- | --- | --- | --- | ||
| a) | Name | Albert<br>Hitchcock | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Head<br>of Telecom and Technology Partnerships | |||
| b) | Initial<br>notification / Amendment | Initial<br>notification | |||
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||||
| a) | Name | Pearson<br>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<br>of the financial instrument, type of instrument | Ordinary<br>shares of 25 pence each in Pearson plc | |||
| Identification code | ISIN:<br>GB0006776081 | ||||
| b) | Nature<br>of the transaction | Allotment<br>of ordinary shares following release of share award under the<br>Company's Management Incentive Plan (MIP) and sale of shares to<br>cover tax liabilities arising from vesting share<br>awards | |||
| c) | Price(s)<br>and volume(s) | Allotment<br>of ordinary shares following release of MIP award | Sale<br>of shares to cover tax liability | ||
| Volume:<br>113,787<br><br><br><br><br><br>Price<br>: n/a | Volume:<br>53,642<br><br><br><br><br><br>Price:<br>£7.79034 per share<br><br><br><br><br><br>Aggregated<br>price: £417,889 | ||||
| d) | Aggregated<br>information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated<br>volume: see 4 (c) above Aggregated price: see 4 (c)<br>above | |||
| e) | Date<br>of the transaction | 31<br>March 2021 | |||
| f) | Place<br>of the transaction | London<br>Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial<br>responsibilities/person closely associated | ||||
| --- | --- | --- | --- | ||
| a) | Name | Sally<br>Johnson | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief<br>Financial Officer | |||
| b) | Initial<br>notification / Amendment | Initial<br>notification | |||
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||||
| a) | Name | Pearson<br>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<br>of the financial instrument, type of instrument | Ordinary<br>shares of 25 pence each in Pearson plc | |||
| Identification code | ISIN:<br>GB0006776081 | ||||
| b) | Nature<br>of the transaction | Allotment<br>of ordinary shares following release of share award under the<br>Company's Management Incentive Plan (MIP) and sale of shares to<br>cover tax liabilities arising from vesting share<br>awards | |||
| c) | Price(s)<br>and volume(s) | Allotment<br>of ordinary shares following release of MIP award | Sale<br>of shares to cover tax liability | ||
| Volume:<br>15,283<br><br><br><br><br><br>Price<br>: n/a | Volume:<br>7,205<br><br><br><br><br><br>Price:<br>£7.79034 per share<br><br><br><br><br><br>Aggregated<br>price: £56,129 | ||||
| d) | Aggregated<br>information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated<br>volume: see 4 (c) above Aggregated price: see 4 (c)<br>above | |||
| e) | Date<br>of the transaction | 31<br>March 2021 | |||
| f) | Place<br>of the transaction | London<br>Stock Exchange (XLON) | |||
| 1 | Details of the person discharging managerial<br>responsibilities/person closely associated | ||||
| --- | --- | --- | --- | --- | --- |
| a) | Name | Robert<br>Whelan | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | President<br>- Assessment & Qualifications | |||
| b) | Initial<br>notification / Amendment | Initial<br>notification | |||
| 3 | Details of the issuer, emission allowance market participant,<br>auction platform, auctioneer or auction monitor | ||||
| a) | Name | Pearson<br>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<br>of the financial instrument, type of instrument | Ordinary<br>shares of 25 pence each in Pearson plc | American<br>Depositary Receipts (ADRs), each representing one ordinary share of<br>25 pence, in Pearson plc | ||
| Identification code | ISIN:<br>GB0006776081 | ISIN:<br>US7050151056 | |||
| b) | Nature<br>of the transaction | Allotment<br>of ordinary shares following release of share award under the<br>Company's Management Incentive Plan (MIP) and sale of<br>shares | |||
| c) | Price(s)<br>and volume(s) | Allotment<br>of ordinary shares following release of MIP award | Sale<br>of ordinary shares | Conversion<br>of residual ordinary shares to ADRs | |
| Volume:<br>98,774<br><br><br><br><br><br>Price<br>: n/a | Volume:<br>80,899<br><br><br><br><br><br>Price:<br>£7.79034 per share<br><br><br><br><br><br>Aggregated<br>price: £630,231 | Volume:<br>17,875<br><br><br><br><br><br>Price:<br>n/a | |||
| d) | Aggregated<br>information<br><br><br>- Aggregated volume<br><br><br>- Price | Aggregated<br>volume: see 4 (c) above Aggregated price: see 4 (c)<br>above | |||
| e) | Date<br>of the transaction | 31<br>March 2021 | |||
| f) | Place<br>of the transaction | London<br>Stock Exchange (XLON) | New<br>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<br>plc | |
|---|---|
| Date: 07<br>April 2021 | |
| By: /s/<br>NATALIE WHITE | |
| ------------------------------------ | |
| Natalie<br>White | |
| Deputy<br>Company Secretary |