Elan Directors/PDMR Shareholding

Date : 08/05/2008 @ 7:23AM
Source : UK Regulatory (RNS and others)
Stock : Elan Corporation Plc (ELA)
Quote : 4.3  -0.1 (-2.27%) @ 11:35AM
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Elan Directors/PDMR Shareholding

    RNS Number : 6769A
  Elan Corporation PLC
  05 August 2008
   

    SCHEDULE 11
    Notification of Transactions of Directors/Persons Discharging Managerial Responsibility
and Connected Persons

    This form is intended for use by an issuer to make a RIS notification required by the
Market Abuse Rules and section 53 (as extended by
section 64 of the Companies Act 1990) or entered into the issuer's register in accordance with
section 59 of the Companies Act 1990.

        An issuer making a notification in respect of a transaction relating to the shares or
debentures of the issuer should complete boxes
1 to 16, 23 and 24.
    
 
        An issuer making a notification in respect of a derivative relating to the shares of
the issuer should complete boxes 1 to 4, 6, 8,
13, 14, 16, 23 and 24.
    
 
        An issuer making a notification in respect of options granted to a director/person
discharging managerial responsibilities should
complete boxes 1 to 3 and 17 to 24.
    
 
        An issuer making a notification in respect of a financial instrument relating to the
shares of the issuer (other than a debenture)
should complete the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

    All relevant boxes should be completed in block capital letters

 1    Name of the Issuer  2     State whether the
                             notification relates
                                              to:
       Elan Corporation,                (i)     a
                     plc     transaction notified
                               in accordance with
                             Market Abuse Rules; 
                                       (ii)     a
                               disclosure made in
                                  accordance with
                                   section 53 (as
                              extended by section
                              64 of the Companies
                             Act 1990) or entered
                                into the issuer's
                                      register in
                                  accordance with
                                section 59 of the
                              Companies Act 1990;
                                               or
                               (iii) both (i) and
                                           (ii). 


                               (iii) both (i) and
                                             (ii)

 3  Name of person        4         State whether
    discharging              notification relates
    managerial                        to a person
    responsibilities/            connected with a
    director                   person discharging
                                       managerial
                                responsibilities/
    Lars Ekman                director named in 3
                                 and identify the
                                 connected person


                                    As in 3 Above

 5  Indicate whether the  6  Description of
      notification is in     shares (including
    respect of a holding     class) debentures or
           of the person     derivatives or
     referred to in 3 or     financial
           4 above or in     instruments relating
            respect of a     to shares
          non-beneficial
                interest
                             Ordinary Shares of
                             EUR0.05 each as
           As in 3 above     represented by
                             American Depository
                             Shares
 7    Name of registered  8  State the nature of
     shareholder(s) and,     the transaction
       if more than one,
        number of shares
    held by each of them     Purchase of 30,000
                             Ordinary shares

           As in 3 above

      
 9      Number of shares,  10  Percentage of issued
            debentures or            class acquired
                financial       (treasury shares of
     instruments relating         that class should
       to shares acquired         not be taken into
                                       account when
                                        calculating
                   30,000               percentage)


                                             0.006%

 11     Number of shares,  12  Percentage of issued
            debentures or            class disposed
                financial       (treasury shares of
     instruments relating         that class should
       to shares disposed         not be taken into
                                       account when
                                        calculating
                       NA               percentage)


                                                 NA

 13  Price per share or    14     Date and place of
     value of transaction               transaction


     $11.40 per share                4 August  2008
                                     New York Stock
                                           Exchange

 15         Total holding  16  Date issuer informed
                following            of transaction
         notification and
         total percentage
        holding following             5 August 2008
        notification (any
          treasury shares
      should not be taken
        into account when
              calculating
              percentage)


          90,387 (0.019%)


    If a person discharging managerial responsibilities has been granted options by the
issuer, complete the following boxes:

 17         Date of grant  18   Period during which
                                or date on which it
                                   can be exercised

 19     Total amount paid  20        Description of
       (if any) for grant      shares or debentures
            of the option       involved (class and
                                            number)



 21    Exercise price (if  22       Total number of
         fixed at time of      shares or debentures
     grant) or indication        over which options
     that the price is to        are held following
     be fixed at the time              notification
              of exercise


 23  Any additional        24   Name of contact and
     information               telephone number for
                                            queries

     None
                                 William Daniel: 01
                                           709 4000




 Name and signature of duly designated officer of issuer responsible for
 making notification
 ____________________________________________________
 William Daniel - Company Secretary




 Date of notification: 5 August 2008













    This announcement has been issued through the Companies Announcement Service of
    the Irish Stock Exchange.



This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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