Reed Elsevier director and boss of the firm's LexisNexis business, Andrew Prozes, has pocketed over £400,000 from share sales.
Prozes sold 10,600 Reed Elsevier American Depository Receipts (ADRs), equal to 42,400 ordinary shares, at $32.33 each.
He also offloaded 14,600 Reed Elsevier NV ADRs, equivalent to two Reed Elsevier NV ordinary shares, at $23.46 a piece.
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Prozes has been a director at Anglo-Dutch publisher Reed and head of its online content solutions business since July 2000.
These deals leave him with 148,142 Reed Elsevier ordinary shares and 112,004 Reed Elsevier NV ordinarys.
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