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Relx PLC Remuneration Information 2016

Mar 16, 2016

5248_dirs_2016-03-16_33a42059-5016-4c4b-ab56-0a8e0e584b26.html

Remuneration Information

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RNS Number : 3606S

RELX PLC

16 March 2016

ISSUED ON BEHALF OF RELX PLC AND RELX NV

16 March 2016

Director/PDMR Shareholdings

RELX PLC and RELX NV announce the following transactions in their securities by the Directors and PDMRs identified in the tables below:

1.  RELX Group plc LTIP (Long-Term Incentive Plan 2013)

On 15 March 2016, the performance shares set out below were granted in accordance with the LTIP rules.

No. of RELX PLC performance ordinary shares awarded No. of RELX NV performance ordinary shares awarded Date of vesting of performance shares
Director
Erik Engstrom 112,690 119,312 2019
Nick Luff 53,087 56,207 2019
PDMR
Ian Fraser 26,180 27,718 2019
Henry Udow 28,584 30,264 2019

Vesting of these awards is subject to achievement of performance conditions.

2.  RELX Group plc BIP (Bonus Investment Plan 2010)

On 15 March 2016, the conditional matching share awards set out below were granted in accordance with the BIP rules.

No. of RELX PLC

conditional matching ordinary shares awarded
No. of RELX NV

conditional matching ordinary shares awarded
No. of RELX NV

conditional matching ADRs awarded
Date of vesting of conditional matching shares/ADRs
Director
Erik Engstrom - - 94,965 2019
Nick Luff 26,543 28,103 - 2019
PDMR
Ian Fraser 18,124 19,189 - 2019
Henry Udow - - 41,692 2019

Note: Each RELX NV ADR represents one RELX NV ordinary share. 

Vesting of these awards is subject to achievement of performance conditions.

3.  RELX Group plc ESOS (Executive Share Option Scheme 2013)

On 15 March 2016, the market price options and conditional share awards set out below were granted in accordance with the ESOS rules.

No. of RELX PLC ordinary shares under option granted with an exercise price of £12.55 per share No. of RELX NV ordinary shares under option

 granted with an exercise price of €15.285 per share
No. of RELX PLC conditional ordinary shares awarded No. of RELX NV conditional ordinary shares awarded
Director
Erik Engstrom 112,690 119,312 - -
Nick Luff 53,087 56,207 - -
PDMR
Ian Fraser 10,069 10,661 2,013 2,132
Henry Udow 10,994 11,640 2,198 2,328

Note: The options are exercisable between 2019 and 2026, and the conditional share awards vest in 2019.

Vesting of options awarded to Directors is subject to achievement of performance conditions.

The conditional share awards under ESOS were granted pursuant to elections by these PDMRs to receive half of their 2016 ESOS award in the form of conditional shares.

- ENDS -

Enquiries

Paul Abrahams (Media)                                     

+44 20 7166 5724                                             

Colin Tennant (Investors)

+44 20 7166 5751

This information is provided by RNS

The company news service from the London Stock Exchange

END

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