Director/PDMR Shareholding
Elan Corporation plc
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.
(1) 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.
(2) 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.
(3) 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.
(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
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1
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Name of the Issuer
ELAN CORPORATION, PLC
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2
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State whether the notification relates to:
(i) a 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)
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3
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Name of person discharging managerial responsibilities/director
JACK W. SCHULER
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4
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State whether notification relates to a person connected with a
person discharging managerial responsibilities/director named in 3
and identify the connected person
AS IN 3 ABOVE
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5
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Indicate whether the notification is in respect of a holding of the
person referred to in 3 or 4 above or in respect of a non-beneficial
interest
AS IN 3 ABOVE
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6
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Description of shares (including class) debentures or derivatives or
financial instruments relating to shares
ORDINARY SHARES OF €0.05 EACH AS REPRESENTED BY AMERICAN
DEPOSITORY SHARES
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7
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Name of registered shareholder(s) and, if more than one, number of
shares held by each of them
AS IN 3 ABOVE
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8
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State the nature of the transaction
NOTIFICATION OF HOLDING ON APPOINTMENT AS DIRECTOR PURPUANT TO
SECTION 53 OF THE COMPANIES ACT, 1990
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9
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Number of shares, debentures or financial instruments relating to
shares acquired
N/A
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10
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Percentage of issued class acquired (treasury shares of that class
should not be taken into account when calculating percentage)
N/A
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11
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Number of shares, debentures or financial instruments relating to
shares disposed
N/A
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12
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Percentage of issued class disposed (treasury shares of that class
should not be taken into account when calculating percentage)
N/A
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13
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Price per share or value of transaction
N/A
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14
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Date and place of transaction
N/A
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15
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Total holding following notification and total percentage holding
following notification (any treasury shares should not be taken into
account when calculating percentage)
5,845,986 (1.228%)
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16
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Date issuer informed of transaction
28 JULY 2009
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If a person discharging managerial responsibilities has been granted
options by the issuer, complete the following boxes:
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17
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Date of grant
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18
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Period during which or date on which it can be exercised
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19
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Total amount paid (if any) for grant of the option
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20
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Description of shares or debentures involved (class and number)
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21
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Exercise price (if fixed at time of grant) or indication that the
price is to be fixed at the time of exercise
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22
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Total number of shares or debentures over which options are held
following notification
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23
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Any additional information
NONE
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24
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Name of contact and telephone number for queries
WILLIAM DANIEL: 01 709 4000
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Name and signature of duly designated officer of issuer
responsible for making notification
____________________________________________________
WILLIAM DANIEL - COMPANY SECRETARY
DATE OF NOTIFICATION: 28 JULY 2009
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