Director/PDMR Shareholding

RNS Number : 3606S

RELX PLC

16 March 2016

 

ISSUED ON BEHALF OF RELX PLC AND RELX NV

 

16 March 2016

Director/PDMR Shareholdings

RELX PLC and RELX NV announce the following transactions in their securities by the Directors and PDMRs identified in the tables below:

1.  RELX Group plc LTIP (Long-Term Incentive Plan 2013)

On 15 March 2016, the performance shares set out below were granted in accordance with the LTIP rules.

	No. of RELX PLC performance ordinary shares awarded	No. of RELX NV performance ordinary shares awarded	Date of vesting of performance shares
Director
Erik Engstrom	112,690	119,312	2019
Nick Luff	53,087	56,207	2019
PDMR
Ian Fraser	26,180	27,718	2019
Henry Udow	28,584	30,264	2019

Vesting of these awards is subject to achievement of performance conditions.

2.  RELX Group plc BIP (Bonus Investment Plan 2010)

On 15 March 2016, the conditional matching share awards set out below were granted in accordance with the BIP rules.

	No. of RELX PLC conditional matching ordinary shares awarded	No. of RELX NV conditional matching ordinary shares awarded	No. of RELX NV conditional matching ADRs awarded	Date of vesting of conditional matching shares/ADRs
Director
Erik Engstrom	-	-	94,965	2019
Nick Luff	26,543	28,103	-	2019
PDMR
Ian Fraser	18,124	19,189	-	2019
Henry Udow	-	-	41,692	2019

Note: Each RELX NV ADR represents one RELX NV ordinary share. 

Vesting of these awards is subject to achievement of performance conditions.

3.  RELX Group plc ESOS (Executive Share Option Scheme 2013)

On 15 March 2016, the market price options and conditional share awards set out below were granted in accordance with the ESOS rules.

	No. of RELX PLC ordinary shares under option granted with an exercise price of £12.55 per share	No. of RELX NV ordinary shares under option  granted with an exercise price of €15.285 per share	No. of RELX PLC conditional ordinary shares awarded	No. of RELX NV conditional ordinary shares awarded
Director
Erik Engstrom	112,690	119,312	-	-
Nick Luff	53,087	56,207	-	-
PDMR
Ian Fraser	10,069	10,661	2,013	2,132
Henry Udow	10,994	11,640	2,198	2,328

Note: The options are exercisable between 2019 and 2026, and the conditional share awards vest in 2019.

Vesting of options awarded to Directors is subject to achievement of performance conditions.

The conditional share awards under ESOS were granted pursuant to elections by these PDMRs to receive half of their 2016 ESOS award in the form of conditional shares.

- ENDS -

Enquiries

Paul Abrahams (Media)                                     
[phone]                                             

 
Colin Tennant (Investors)

[phone]

 

END

 

 

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