27th May 2009 10:00
ISSUED ON BEHALF OF REED ELSEVIER PLC AND REED ELSEVIER NV
27 May 2009
Director/PDMR Shareholding
Reed Elsevier received notification today, that Mr A Prozes, a director of Reed Elsevier sold 10,600 Reed Elsevier PLC ADRs* and 14,600 Reed Elsevier PLC NV ADRs* on 22 May 2009 at the respective price of $32.333 and $23.46 per ADR.
Following these transactions Mr Prozes' current interest in the share capital of Reed Elsevier is:
148,142 Reed Elsevier PLC ordinary shares; and
112,004 Reed Elsevier NV ordinary shares
* One Reed Elsevier PLC ADR is equivalent to four Reed Elsevier PLC ordinary shares and one Reed Elsevier NV ADR is equivalent to two Reed Elsevier NV ordinary shares.
Related Shares:
Relx