Recent Updates — PSO
Pearson plc issued 21,379 ordinary shares of 25 pence each between October 1 and October 31, 2026. The issuance was made to satisfy the vesting of awards under the Company's Save for Shares Plan. These shares are fungible with existing shares and have been admitted to trading on the London Stock Exchange Main Market under an existing block admission dated January 19, 2024. Pearson plc is a global education company that provides learning materials, digital products, and assessment services.
Pearson plc reported underlying group revenue growth of 5% for the nine months ended September 30, 2026, with acceleration to 6% in Q3. The company narrowed its full-year adjusted operating profit guidance range to £650m-£675m at constant foreign exchange rates, previously £640m-£685m, while maintaining expectations for mid-single-digit revenue growth and 90%-100% free cash flow conversion. Pearson announced the completion of its acquisition of ITS and an agreement to acquire Workera to strengthen assessment and AI-driven skills verification capabilities. Additionally, the company re-segmented into four customer-focused business units effective January 2027, incurring approximately £50m in one-off reorganization costs. Tom ap Simon is departing as President Higher Education and Virtual Learning, with Kate Eberle Walker appointed to lead the new US Higher Education unit. Pearson operates as a global lifelong learning company providing digital content, assessments, qualifications, and data.
Following the acquisition of Schroders plc by Pantheon LLC on October 1, 2026, Pearson plc confirms that its Non-Executive Director Annette Thomas ceased her role as a Non-Executive Director of Schroders plc effective that same date. This notification fulfills UK Listing Rule requirements regarding changes in directorships resulting from the corporate transaction. Pearson plc operates in the education and publishing industry.