10th Mar 2015 18:27
LONDON (Alliance News) - Reed Elsevier PLC said Tuesday that Chief Executive Officer Erik Engstrom sold shares in Reed Elsevier and Reed Elsevier NV Monday as follows:
| Company share/ADR | No.of ordinary shares/ADRs* | Sale price per share/ADR** |
| RE PLC | 232,793 | £11.3204 |
| RE PLC | 1,936* | $68.5004** |
| RE NV | 247,481 | €22.75 |
| RE NV | 46,420* | $49.3012** |
* One Reed Elsevier PLC ADR is equivalent to four ordinary Reed Elsevier PLC shares and one Reed Elsevier NV ADR is equivalent to two Reed Elsevier NV ordinary shares.
Following these transactions Engstrom has an interest in 127,040 shares in Reed Elsevier PLC and 521,556 shares in Reed Elsevier NV.
Shares in Reed Elsevier closed down 1.3% at 1,117.00 pence Tuesday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2015 Alliance News Limited. All Rights Reserved.
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