0001654954-23-015657.txt : 20231218 0001654954-23-015657.hdr.sgml : 20231218 20231218070103 ACCESSION NUMBER: 0001654954-23-015657 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231218 FILED AS OF DATE: 20231218 DATE AS OF CHANGE: 20231218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PEARSON PLC CENTRAL INDEX KEY: 0000938323 STANDARD INDUSTRIAL CLASSIFICATION: BOOKS: PUBLISHING OR PUBLISHING AND PRINTING [2731] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16055 FILM NUMBER: 231492224 BUSINESS ADDRESS: STREET 1: 80 STRAND CITY: LONDON ENGLAND STATE: X0 ZIP: WC2R 0RL BUSINESS PHONE: 442070102000 MAIL ADDRESS: STREET 1: 80 STRAND CITY: LONDON ENGLAND STATE: X0 ZIP: WC2R 0RL 6-K 1 a1462x.htm DIRECTOR/PDMR SHAREHOLDING a1462x
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 December 2023
 
 
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, Deputy Chair and Senior Independent Director, and Non-Executive Directors on 15 December 2023:
 
 
 
Name of Director
 
No. of Shares Purchased
 
Price per Share*
 
Total Holding Following Notification
 
Sherry Coutu
 
1,006
£9.41
 
14,987
 
Alison Dolan
 
244
£9.41
 
671
 
Graeme Pitkethly
 
228
£9.41
 
11,467
 
Tim Score
 
2,588
£9.41
 
78,735
 
Annette Thomas
 
405
£9.41
 
4,192
 
Lincoln Wallen
 
451
£9.41
 
18,664
 
 
 
 
Name of Director
 
No. of ADRs Purchased
 
Price per ADR*
 
Total Holding Following Notification
 
Alex Hardiman
 
340
 
$11.90
 
930
 
Omid Kordestani
 
7,404
 
$11.90
 
65,059
 
Esther Lee
 
417
 
$11.90
 
3,639
 
 
* 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: £9.4090 per share
 
1,006
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
Aggregated volume: 1,006 shares
 
Aggregated price: £9,465.45
 
e)
 
Date of the transaction
 
15 December 2023
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Alison Dolan
 
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: £9.4090 per share
 
244
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 244 shares
 
Aggregated price: £2,295.80
 
e)
 
Date of the transaction
 
15 December 2023
 
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: £9.4090 per share
 
228
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 228 shares
 
Aggregated price: £2,145.25
 
e)
 
Date of the transaction
 
15 December 2023
 
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 and Senior Independent 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: £9.4090 per share
 
2,588
 
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 2,588 shares
 
Aggregated price: £24,350.49
 
e)
 
Date of the transaction
 
15 December 2023
 
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: £9.4090 per share
 
405
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 405shares
 
Aggregated price: £3,810.65
 
e)
 
Date of the transaction
 
15 December 2023
 
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: £9.4090 per share
 
451
 
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 451 shares
 
Aggregated price: £4,243.46
 
e)
 
Date of the transaction
 
15 December 2023
 
f)
 
Place of the transaction
 
London Stock Exchange (XLON)
 
 
 
1
 
Details of the person discharging managerial responsibilities/person closely associated
 
a)
 
Name
 
Alex Hardiman
 
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 ADRs rising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: $11.8997 per ADR
 
340
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 340 ADRs
 
Aggregated price: $4,045.90
 
e)
 
Date of the transaction
 
15 December 2023
 
f)
 
Place of the transaction
 
New York Stock Exchange (XNYS)
 
 
 
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 ADRs arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: $11.8997 per ADR
 
7,404
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 7,404 ADRs
 
Aggregated price: $88,105.38
 
e)
 
Date of the transaction
 
15 December 2023
 
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 ADRs arising from Company's Non-Executive Directors' Share Purchase Plan
 
c)
 
Price(s) and volume(s)
 
Price(s)
 
Volume(s)
 
Purchase price: $11.8997 per ADR
 
417
 
d)
 
Aggregated information
 
- Aggregated volume
 
- Price
 
 
 
Aggregated volume: 417 ADRs
 
Aggregated price: $4,962.17
 
e)
 
Date of the transaction
 
15 December 2023
 
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: 18 December 2023
 
 
By: /s/ NATALIE WHITE
 
 
 
------------------------------------
 
Natalie White
 
Deputy Company Secretary