ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV
Reed Elsevier announces that today, Mr Ian Fraser, a PDMR, completed the following transactions in the securities of Reed Elsevier:
Exercise of options and share sales
Mr Fraser exercised options to acquire Reed Elsevier PLC ("RE PLC") and Reed Elsevier NV ("RE NV") ordinary shares as set out below. All of the ordinary shares acquired on exercise were sold.
RE PLC 02/05/2012 49,302 515.50p 1106.2712p
RE NV 02/05/2012 34,650 €9.03 €22.809168
In addition, Mr Fraser sold a further 30,457 RE PLC ordinary shares at a price of 1106p per share.
- ENDS -
Enquiries
Paul Abrahams (Media)
+44 20 7166 5724
Colin Tennant (Investors)
+44 20 7166 5751