Director dealings: Pearson director makes share purchase
Updated : 16:48
Pearson revealed on Tuesday that non-executive director Graeme Pitkethly had acquired 6,075 ordinary shares in the FTSE 100-listed education publishing and assessment service.
Pitkethly, who was appointed to the board of Pearson back in May 2019, purchased the shares on Monday at an average price of 823.32p each, for a total value of £50,016.52.
Earlier in the day, Société Générale downgraded its rating for Pearson to 'hold' after a strong run for the blue chip's shares.
Société Générale, which previously had a 'buy' rating on the educational publisher, said the digital acceleration driven by Covid-19 helped Pearson’s "much-needed" print-to-digital transition.
As pf 1645 GMT, Pearson shares were down 1.18% at 799.30p.
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London Stock Exchange Group (LSEG)
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Pearson (PSON)
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The Panoply Holdings (TPX)
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Taylor Wimpey (TW.)
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Cls Holdings (CLI)
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Cls Holdings (CLI)
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