LONDON (Alliance News) - Reed Elsevier PLC Friday said Chief Executive Officer Erik Engstrom exercised share options in the company Thursday, and subsequently sold most of the resulting shares.
He got got 154,517 shares in Reed Elsevier PLC for 533.50 pence each and sold 150,517 of them at 877.3643 pence. He got 105,412 shares in Reed Elsevier NV for EUR11.31 and sold 103,412 of them for EUR15.2771.
He now holds 114,553 Reed Elsevier PLC shares and 513,766 shares of Reed Elsevier NV.
Human Resources Director Ian Fraser Thursday exercised share options and all the shares acquired upon the exercise were subsequently sold as outlined below.
StockDate of grantNo. of optionsOption priceSale price
RE NV 21/02/2008 34,500 €12.21 €15.118441
RE NV 26/05/2010 29,244 €8.31 €15.011778
RE PLC 15/02/2007 48,072 644.50p 875.2674p
RE PLC 21/02/2008 53,000 627.50p 870.3826p
RE PLC 26/05/2010 44,533 466.50p 870.8096p
Shares in the Anglo-Dutch professional information solutions provider closed at 884.50 pence up 0.68%.
By Arvind Bhunjun; firstname.lastname@example.org; @arvindbhunjun
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