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Shareholders Pushing For Boardroom Change At Reed Elsevier -FT

DOW JONES NEWSWIRES Investors in Reed Elsevier NV (ENL) want another boardroom change almost two years after a new chairman and chief executive were brought in to turn round the publishing group, the Financial Times reported Wednesday citing two of the top 10 shareholders. Pressure is mounting on the board to replace finance director Mark Armour, and the shareholders want to meet with Chairman Anthony Habgood to discuss the performance of the group and of chief executive Erik Engstrom, according to the report. "The company has not delivered against expectations almost continually," one of the 10 investors told the newspaper. "It keeps missing targets and disappointing us. It has a good portfolio of businesses that are massively undervalued." Reed Elsevier declined to comment, the newspaper said. Full story at http://www.ft.com/intl/cms/s/0/94e01b7a-d3d5-11e0-bc6b-00144feab49a.html#axzz1WR7IlqIE?ftcamp=crm/email/2011831/nbe/BreakingNews2/product -Dow Jones Newswires; 212-416-2900

Stock News for Reed Elsevier (RUK)
DateTimeHeadline
05/01/201518:43:41Reed Elsevier plc Cut to Sell at Zacks (RUK)
04/27/201509:16:41Reed Elsevier plc's Equal Weight Rating Reaffirmed at Barclays...
04/22/201502:42:26Reed Elsevier 1Q Business Trends Remained Consistent with 2014
04/20/201505:23:46Reed Elsevier plc Lowered to Neutral at Bank of America (RUK)
04/02/201511:46:12FICO Announces New Credit Score Based on Alternative Data
03/11/201505:42:10FirstGroup Appoints Intertek CEO Hauser Chairman -- Update
02/27/201521:50:13Reed Elsevier's (RUK) CEO Erik Engstrom on Q4 2014 Results...
02/26/201518:18:13ADR Shares End Mixed; Reed Elsevier Trades Actively
02/26/201513:11:09EUROPE MARKETS: European Stocks Lifted By Encouraging Economic...
02/26/201512:37:08LONDON MARKETS: FTSE 100 Hits Record High As Standard Chartered...
02/26/201506:34:49LONDON MARKETS: Standard Chartered Gains, But RBS Drops In London...
02/26/201505:41:44EUROPE MARKETS: European Stocks Rise As German Unemployment Falls
02/26/201504:10:58LONDON MARKETS: Standard Chartered Gains, Topping FTSE 100
02/26/201503:04:43Reed Elsevier Full-Year Profit Falls
02/16/201512:30:00Maverix Biomics And Elsevier Sign Cooperation Agreement
12/04/201403:15:19Reed Elsevier to Buy Back Up to GBP100 Million Shares Jan 1-Feb...
11/10/201408:03:00Sentrian, the World's First Remote Patient Intelligence Company...
10/23/201402:41:21Reed Elsevier Reaffirms Full-Year Outlook
10/15/201409:00:00LexisNexis: Homegrown Cardiff Company, Tracesmart®, Creates...
09/02/201412:22:00Elsevier to Market Innovative Patient Data Collection Platform...

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