19th Dec 2007 15:28
Reed Elsevier PLC19 December 2007 ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV 19 December 2007 Director/PDMR Shareholding Reed Elsevier received notification today that Mr Patrick Tierney, a director ofReed Elsevier PLC and Reed Elsevier NV, undertook the following transactions inReed Elsevier PLC and Reed Elsevier NV securities on 18 December 2007: (i) Exercised an option over 90,000 Reed Elsevier PLC ordinaryshares, granted in 2004 at an option price of 487.25p and sold them at 636.50pper share. (ii) Exercised an option over 60,000 Reed Elsevier NV ordinary shares,granted in 2004 at an option price of €10.57 and sold them at €13.18 per share. Reed Elsevier has also received further notice that Mr Patrick Tierney undertookthe following transactions today: (iii) Sold 25,000 Reed Elsevier PLC ordinary shares at 636p per share. (iv) Sold 16,000 Reed Elsevier NV ordinary shares at €13.10 per share. As a consequence of these transactions, Mr Tierney's interests in the ordinaryshare capital of Reed Elsevier is now: 37,416 Reed Elsevier PLC ordinary shares; and 25,448 Reed Elsevier NV ordinary shares. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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