Pearson issues 320,603 shares for employee plan
Rhea-AI Filing Summary
PEARSON PLC (PSO) reported the routine issuance of 320,603 ordinary shares of 25 pence each to satisfy the vesting of awards under its Save for Shares Plan. The shares were issued on various dates between 1 August 2026 and 31 August 2026, are fungible with existing shares, and have been admitted to trading on the London Stock Exchange Main Market under an existing block admission dated 19 January 2024.
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Key Figures
Ordinary shares issued: 320,603 shares
Nominal value per ordinary share: 25 pence per share
Issuance period: 1 August 2026 to 31 August 2026
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4 metrics
Ordinary shares issued
320,603 shares
Issued to satisfy vesting of awards under the Save for Shares Plan
Nominal value per ordinary share
25 pence per share
Par value of newly issued ordinary shares
Issuance period
1 August 2026 to 31 August 2026
Dates on which the new shares were issued
Block admission date
19 January 2024
Existing block admission under which the new shares were admitted
Key Terms
Save for Shares Plan, ordinary shares, fungible, block admission
4 terms
fungible financial
"These shares were issued ... are fungible with existing shares"
Fungible describes an asset that is interchangeable with another of the same kind because each unit holds the same value and function. For investors this matters because fungible assets are easier to trade, price, and store—think of cash or grains where one unit can replace another, unlike a unique artwork or a signed collectible which may be worth more or less depending on provenance. Fungibility affects liquidity, market efficiency, and how assets are settled or regulated.
block admission regulatory
"under the Company's existing block admission of shares for this purpose"
FAQ
What did PEARSON PLC (PSO) announce in this September 2026 Form 6-K?
Pearson plc announced it issued 320,603 ordinary shares of 25 pence each to satisfy the vesting of awards under its Save for Shares Plan, with the shares admitted to trading on the London Stock Exchange Main Market under an existing block admission.
AI-generated analysis. How Rhea-AI works. Not financial advice.