Business Context and Reporting Period
This Form 6-K filing by Reed Elsevier PLC and Reed Elsevier NV (now RELX PLC) was issued on August 1, 2005. The report discloses a specific transaction involving the company's Employee Benefit Trust rather than providing comprehensive financial results for a fiscal period.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. The only financial figures disclosed relate to a specific share purchase transaction:
- Shares Purchased (PLC): 1,000,000 ordinary shares at 525.5155p per share.
- Shares Purchased (NV): 1,300,000 ordinary shares at €11.2231 per share.
- Transaction Date: July 29, 2005.
Material Changes
Following the transaction, the Reed Elsevier Employee Benefit Trust's holdings increased to:
- Reed Elsevier PLC: 9,777,035 ordinary shares.
- Reed Elsevier NV: 5,105,414 ordinary shares.
The filing does not report material changes to the company's operational performance or financial position compared to prior periods.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The transaction was executed solely to meet future share option entitlements for employees. Executive directors are deemed interested in the shares held by the Trust for technical disclosure purposes as potential beneficiaries.
Investor Verification Checklist
- Verify the total number of shares held by the Employee Benefit Trust post-transaction (9,777,035 PLC shares and 5,105,414 NV shares).
- Confirm the purchase prices paid (525.5155p for PLC shares and €11.2231 for NV shares) against market prices on July 29, 2005.
- Note that this filing does not contain financial performance data; refer to Form 20-F for annual results.