ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV
18 June 2010
Reed Elsevier announces that the unvested matching awards noted below granted to Directors/PDMRs under the Reed Elsevier Group plc Bonus Investment Plan ("BIP") in 2008 and 2009 have lapsed as a consequence of the Directors/PDMRs requesting to have their BIP investment shares purchased by them in 2008 and 2009 released to them by the Trustees of the Reed Elsevier Employee Benefit Trust. Each Director/PDMR has retained all of the shares released to them.
Director |
Number of Reed Elsevier NV BIP matching ADRs* lapsed |
Number of Reed Elsevier PLC BIP matching ordinary shares lapsed |
Number of Reed Elsevier NV BIP matching ordinary shares lapsed |
E Engstrom |
43,767 |
- |
- |
M H Armour |
- |
53,177 |
35,561 |
A Prozes |
- |
52,365 |
35,131 |
PDMR
|
Number of Reed Elsevier PLC BIP matching ADRs* lapsed |
Number of Reed Elsevier NV BIP matching ADRs* lapsed |
Number of Reed Elsevier PLC BIP matching ordinary shares lapsed |
Y S Chi |
5,135 |
12,654 |
- |
M Rusbridge |
- |
- |
78,262 |
* Each Reed Elsevier PLC ADR represents 4 Reed Elsevier PLC ordinary shares and each Reed Elsevier NV ADR represents 2 Reed Elsevier NV ordinary shares.
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