Close

Form 6-K PEARSON PLC For: Jul 05

July 5, 2022 6:22 AM EDT

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.
 
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 July 2022
 
 
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 30th June 2022:
 
 
Name of Director
 
No. of Shares Purchased
 
Price per Share*
 
Total Holding Following Notification
 
Sherry Coutu
 
1,067
£7.44
 
8,646
 
Graeme Pitkethly
 
276
£7.44
 
9,996
 
Tim Score
 
2,683
£7.44
 
61,796
 
Annette Thomas
 
477
£7.44
 
1,433
 
Lincoln Wallen
 
530
£7.44
 
15,306
 
 
 
Name of Director
 
No. of ADRs Purchased
 
Price per ADR*
 
Total Holding Following Notification
 
Omid Kordestani
 
13,517
 
$9.09
 
15,706
 
Esther Lee
 
458
 
$9.09
 
763
 
Linda Lorimer
 
579
 
$9.09
 
17,108
 
 
* rounded to two decimal places.
 
The following notifications, made in accordance with the requirements of the UK 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 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, 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
 
Identification code
 
Ordinary shares of 25 pence each in Pearson plc
 
ISIN: GB0006776081
 
b)
 
Nature of the transaction
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: £7.444 per share
 
1,067
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 1,067 shares
 
Aggregated price: £7,942.75
 
e)
 
Date of the transaction
 
30 June 2022
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
 
 
1
 
Details of the person discharging managerial 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, 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
 
Identification code
 
Ordinary shares of 25 pence each in Pearson plc
 
ISIN: GB0006776081
 
b)
 
Nature of the transaction
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: £7.444 per share
 
276
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 276 shares
 
Aggregated price: £2,054.54
 
e)
 
Date of the transaction
 
30 June 2022
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 

1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Tim Score
 
2
 
Reason for the notification
 
a)
 
Position/status
 
Deputy Chair
 
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
Identification code
 
Ordinary shares of 25 pence each in Pearson plc
 
ISIN: GB0006776081
 
b)
 
Nature of the transaction
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: £7.444 per share
2,683
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 2,683 shares
 
Aggregated price: £19,972.25
 
e)
 
Date of the transaction
 
30 June 2022
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 

1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Annette Thomas
 
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, 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
 
Identification code
 
Ordinary shares of 25 pence each in Pearson plc
 
ISIN: GB0006776081
 
b)
 
Nature of the transaction
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: £7.444 per share
 
477
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 477 shares
 
Aggregated price: £3,550.79
 
e)
 
Date of the transaction
 
30 June 2022
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
 
 
1
 
Details of the person discharging managerial 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, 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
 
Identification code
 
Ordinary shares of 25 pence each in Pearson plc
 
ISIN: GB0006776081
 
b)
 
Nature of the transaction
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: £7.444 per share
530
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 530 shares
 
Aggregated price: £3,945.32
 
e)
 
Date of the transaction
 
30 June 2022
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
 
a)
 
Name
 
Omid Kordestani
 
 
2
 
Reason for the notification
 
 
a)
 
Position/status
 
Chair
 
 
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
 
Identification code
 
American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc
 
ISIN: US7050151056
 
 
b)
 
Nature of the transaction
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
 
Purchase price: $9.0877 per ADR
 
13,517
 
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 13,517 ADRs
 
Aggregated price: $122,838.44
 
 
e)
 
Date of the transaction
 
30 June 2022
 
 
f)
 
Place of the transaction
 
New York Stock Exchange (XNYS)
 
 
 
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Esther Lee
 
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, 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
Identification code
 
American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc
ISIN: US7050151056
 
b)
 
Nature of the transaction
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: $9.0877 per ADR
 
458
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 458 ADRs
 
Aggregated price: $4,162.17
 
e)
 
Date of the transaction
 
30 June 2022
 
f)
 
Place of the transaction
 
New York Stock Exchange (XNYS)
 
 

 
1
 
Details of the person discharging managerial 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, 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
 
Identification code
 
American Depositary Receipts (ADRs) in Pearson plc, each ADR represents one ordinary share of 25 pence in Pearson plc
 
ISIN: US7050151056
 
b)
 
Nature of the transaction
 
Purchase of shares arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: $9.0877 per ADR
579
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 579 ADRs
 
Aggregated price: $5,261.78
 
e)
 
Date of the transaction
 
30 June 2022
 
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 July 2022
 
 
By: /s/ NATALIE WHITE
 
 
 
------------------------------------
 
Natalie White
 
Deputy Company Secretary
 
 



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings