Director/PDMR Shareholding

RNS Number : 5123G

Reed Elsevier PLC

07 May 2014

 

ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV

 

7 May 2014

PDMR Shareholding

Reed Elsevier announces that it today received notification of the following transactions in the securities of Reed Elsevier by Henry Udow, a PDMR:

Reed Elsevier Group plc Share Option Scheme ("ESOS")

Vesting of conditional shares

In connection with the vesting on 5 May 2014 of the conditional share awards granted in May 2011 under ESOS, the table below shows the total numbers of shares which vested and the numbers of shares actually released to Henry Udow after taking account of shares withheld to meet personal tax and national insurance obligations.

	No. of Reed Elsevier PLC conditional ordinary shares vested	No. of Reed Elsevier NV conditional ordinary shares vested	No. of Reed Elsevier PLC conditional ordinary shares released	No. of Reed Elsevier NV conditional ordinary shares released
PDMR
Henry Udow	5,166	3,451	2,737	1,829

The closing market price of each security on the date of vesting was £8.765 per Reed Elsevier PLC ordinary share and €14.70 per Reed Elsevier NV ordinary share.

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Enquiries

Paul Abrahams (Media)                                     
[phone]                                             

 
Colin Tennant (Investors)

[phone]

 

END

 

 

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