Director/PDMR Shareholding

RNS Number : 6221S

Reed Elsevier PLC

08 November 2013

 



ISSUED ON BEHALF OF REED ELSEVIER PLC ("RE PLC")

AND REED ELSEVIER NV ("RE NV")

8 November 2013

Director/PDMR Shareholding

Erik Engstrom, Chief Executive Officer

Reed Elsevier announces that on 7 November 2013, Mr Erik Engstrom, a Director of Reed Elsevier, exercised share options as set out below. Subsequently, 103,412 of the ordinary RE NV shares acquired upon exercise and 150,517 of the ordinary RE PLC shares acquired upon exercise were sold at €15.2771 per share and 877.3643 pence per share respectively. The remaining shares were retained.

Stock               Date of grant               No. of options              Option price   

RE NV             17/02/2005                  105,412                       €11.31            

RE PLC           17/02/2005                  154,517                       533.50p          

As a result of Mr Engstrom's transactions, his current interest in the share capital of Reed Elsevier is:

114,553 Reed Elsevier PLC ordinary shares; and

513,766 Reed Elsevier NV ordinary shares.

Ian Fraser, Global Human Resources Director

Reed Elsevier also announces that on 7 November 2013, Mr Ian Fraser, a PDMR of Reed Elsevier, exercised share options as set out below.  All of the ordinary shares acquired upon exercise were sold at the prices shown below.

Stock               Date of grant               No. of options              Option price    Sale price

RE NV             21/02/2008                  34,500                         €12.21             €15.118441    

RE NV             26/05/2010                  29,244                         €8.31               €15.011778    

RE PLC           15/02/2007                  48,072                         644.50p           875.2674p

RE PLC           21/02/2008                  53,000                         627.50p           870.3826p      

RE PLC           26/05/2010                  44,533                         466.50p           870.8096p

 

END

 

 

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