21st Feb 2005 14:31
Reed Elsevier PLC21 February 2005 ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV Director's interests We are writing to advise you that we received notifications today that thefollowing options were granted to directors of Reed Elsevier PLC and ReedElsevier NV on 17 February 2005, under the Reed Elsevier Group plc Share OptionScheme.Director No. of Reed Elsevier PLC options No. of Reed Elsevier NV options Exercisable granted at 533.5p per share granted at €11.31 per share G J A van de Aast 120,900 82,478 2008-2015M H Armour 150,422 102,618 2008-2015Sir Crispin Davis 292,409 199,481 2008-2015E Engstrom 154,517 105,412 2008-2015A Prozes 154,517 105,412 2008-2015P Tierney 154,517 105,412 2008-2015 Exercise of the above options is subject to a post grant performance condition,requiring the achievement of 6% per annum compound growth in adjusted EPS atconstant currencies, during the three years following the grant. There is nore-testing of the three year EPS performance period. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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