Last checked at 27 Sep 2016 10:57
PEARSON PLC
(the "Company")
Notification of Interests of Persons Discharging Managerial Responsibility ("PDMRs")
Below are details of an acquisition of American Depositary Receipts ("ADRs") following a reinvestment of dividend under the Company's Dividend Reinvestment Plan in the USA on 21 September 2016, notified to the Company on 26 September 2016 (settlement date): -
Name of PDMR | No. of ADRs Purchased | Percentage of Issued Stock | Price per ADR | Total Holding Following Notification | Total Percentage Following Notification |
Melinda Wolfe | 922 | 0.00011% | $10.1992 | 41,158 | 0.00501% |
The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives 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 | Melinda Wolfe | |
2 | Reason for the notification | ||
a) | Position/status | Chief Human Resources Officer | |
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 Dividend Reinvestment Plan | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
Purchase price: $10.1992 per ADR | 922
| ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume: 922 ADRs. Aggregated price: $9403.6624 | |
e) | Date of the transaction | 21 September 2016 (Purchase Date) 26 September 2016(Settlement Date) | |
f) | Place of the transaction | New York Stock Exchange (XNYS) | |