Eland Oil & Gas Regulatory News (ELA)

23 Aug 2005 17:12

Elan Corporation PLC23 August 2005 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). 1. Name of the issuer ELAN CORPORATION PLC 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a);or (ii) (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance withsection 324 (as extended by section 328) of the Companies Act 1985 TRANSACTIONNOTIFIED IN ACCORDANCE WITH DR 3.1.4R(1)(b); TRANSACTION NOTIFIED IN ACCORDANCEWITH SECTION 53 OF THE IRISH COMPANIES ACTS 1990; or (iii) (iii) both (i) and (ii) 3. Name of person discharging managerial responsibilities/director GAROARMEN 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected person NO 5. Indicate whether the notification is in respect of a holding of theperson referred to in 3 or 4 above or in respect of a non-beneficial interestBENEFICIAL 6. Description of shares (including class), debentures orderivatives or financial instruments relating to shares ORDINARY SHARES OF €0.05EACH REPRESENTED BY AMERICAN DEPOSITARY SHARES 7. Name of registered shareholder(s) and, if more than one, the number ofshares held by each of them PERSON NAMED IN 3 ABOVE 8 State the nature of the transaction PURCHASE - ie EXERCISE OF 200,000 SHARE OPTIONS AND SALE OF 200,000 ADSs 9 Number of shares, debentures or financial instruments relating toshares acquired 200,000 AT $3.84 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) 0.047% 11. Number of shares, debentures or financial instruments relating to sharesdisposed 200,000 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) 0.047% 13. Price per share or value of transaction $8.2452 14. Date and place of transaction 19 AUGUST 2005 - NEW YORK STOCK EXCHANGE 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) 270,000 - BENEFICIAL 0.063% 16. Date issuer informed of transaction 22 AUGUST 2005 If a person discharging managerial responsibilities has been granted options bythe 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 price is to befixed at the time of exercise 22. Total number of shares or debentures over which options held followingnotification 23. Any additional information NONE 24. Name of contact and telephone number for queries LIAM DANIEL: 017094621 Name and signature of duly authorised officer of issuer responsible for makingnotification LIAM DANIEL - COMPANY SECRETARY Date of notification 22 AUGUST 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