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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
04/23/201403:14:32Reed Elsevier Reaffirms 2014 Outlook
03/18/201405:52:14UK To Name Anthony Habgood as Chair of BOE Court - Report
02/27/201417:14:34ADR Shares End Higher; RBS, Baidu Shares Active
02/27/201412:21:19LONDON MARKETS: FTSE 100 Climbs For First Day In Three; HSBC...
02/27/201405:30:33LONDON MARKETS: RBS, RSA Drive FTSE 100 To Third Day Of Losses
01/27/201412:18:14LONDON MARKETS: BG Leads FTSE 100 To Five-week Low After Profit...
01/07/201403:47:07Correction to Reed Elsevier's New Chief Financial Officer Story
01/07/201402:52:47Reed Elsevier Names Centrica's Nick Luff Chief Financial Officer
11/07/201303:18:11Reed Elsevier Revenue Rises
09/25/201306:14:23Reed Elsevier CFO Resigns -- Update 2
09/25/201304:05:44Reed Elsevier CFO Resigns -- Update
09/25/201302:49:09Reed Elsevier Chief Financial Officer Duncan Palmer Resigns
07/25/201312:25:25LONDON MARKETS: FTSE 100 Shakes Off GDP Data, Falls 0.5%
07/25/201305:37:47LONDON MARKETS: FTSE 100 Shakes Off GDP Data, Falls 0.7%
07/25/201302:59:52Reed Elsevier 1st Half Net Profit Down, On Track to Deliver Financial...
04/29/201312:28:53LONDON MARKETS: Aberdeen Asset Management Leads FTSE Higher
04/29/201312:21:27EUROPE MARKETS: Italy Leads European Stock-market Gains
04/29/201311:36:23LONDON MARKETS: FTSE 100 Pushes North, Helped By Resources
04/29/201311:17:01EUROPE MARKETS: Italy Leads Europe Stocks Gains; ECB Optimism
04/29/201306:50:43LONDON MARKETS: FTSE 100 Struggles As Reed Elsevier, WPP Fall

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