Eland Oil & Gas Regulatory News (ELA)

1 Nov 2005 17:32

Elan Corporation PLC01 November 2005 SCHEDULE 11 Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons Notes: 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. (1) An issuer making a notification in respect of a transaction relatingto the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating tothe shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to adirector/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 (4) 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 [DEL:State whether the notification relates to::DEL] Elan Corporation Plc [DEL:(i) a transaction notified in accordance with Market Abuse Rules; :DEL] [DEL: :DEL] [DEL:(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: DEL] (iii) both (i) and (ii). 3 Name of person discharging managerial 4 State whether notification realties to a person connected with a person responsibilities/director discharging managerial responsibilities/director named in 3 and identify the connected person Kyran McLaughlin No5 Indicate whether the notification is 6 Description of shares (including class) debentures or derivatives or in respect of a holding of the person financial instruments relating to shares referred to in 3 or 4 above or in respect of a non-beneficial interest Ordinary Shares of €0.05 each represented by American Depositary Shares Beneficial7 Name or registered shareholder(s) 8 State the nature of the transaction and, if more than one, number of shares held by each of them Purchase Person named in 3 above9 Number of shares, debentures or 10 Percentage of issued class acquired (treasury shares of that class financial instruments relating to should not be taken into account when calculating percentage) shares acquired 0.0117% 50,000 @ $8.0211 Number of shares, debentures or 12 Percentage of issued class disposed (treasury shares of that class financial instruments relating to should not be taken into account when calculating percentage) shares disposed N/A N/A13 Price per share or value of 14 Date and place of transaction transaction 01 November 2005 150,000 - Beneficial 0.035%15 Total holding following notification 16 Date issuer informed of transaction and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 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 (if any) for grant of the option 20 Description of shares or debentures involved (class and number) 21 Exercise price (if fixed at time of grant) or indication that 22 Total number of shares or debentures over which the price is to be fixed at the time of exercise options are held following notification 23 Any additional information 24 Name of contact and telephone number for queries None Liam Daniel: 01 709 4621 Name and signature of authorised officer of issuer responsible for making notification Liam Daniel - Company Secretary Date of notification ___01 November 2005________________________________ 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