4th Sep 2006 14:46
Reed Elsevier PLC04 September 2006 ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV 4 September 2006 Director/PDMR Shareholding Reed Elsevier received notification today from Hill Samuel Offshore TrustCompany Limited, the Trustees of the Reed Elsevier Employee Benefit Trust ("theTrust") that as at 31 August 2006 the Trust held an interest in 17,392,053shares in Reed Elsevier PLC and 9,403,256 shares in Reed Elsevier NV. The Trust is a discretionary employee benefit trust which is operated inconjunction with Reed Elsevier's share incentive schemes, and which provides forthe transfer of shares to employees on the exercise of awards granted under thesaid schemes. Executive directors of Reed Elsevier PLC and Reed Elsevier NV are,for technical disclosure purposes, deemed to be interested in the shares held bythe Trust, by virtue of being potential beneficiaries under the Trust. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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