Director/PDMR Shareholding

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Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility

This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland’s Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.

All relevant boxes should be completed in block capital letters.

1   Name of the Issuer

 

Elan Corporation, plc

  2   Name of person discharging managerial responsibilities

Robert A. Ingram

Gary Kennedy

Patrick Kennedy

Giles Kerr

Kieran McGowan

Kyran McLaughlin

Donal O'Connor

Richard Pilnik

Dennis Selkoe

Andrew von Eschenbach

3 State whether notification relates to a person closely associated with a person discharging managerial responsibilities named in 2 and identify the connected person

N/A

4 Indicate whether the notification is in respect of a holding of the person referred to in 2 or 3 above or in respect of a non-beneficial interest

 

 

As in 2 above

5 Description of shares or derivatives or other financial instruments linked to them

Restricted Stock Units of Ordinary Shares of €0.05 each as represented by American Depository Shares

6 Name of registered shareholder(s) and, if more than one, number of shares or derivatives or other financial instruments linked to them, held by each shareholder

As in 2 above

7 State the nature of the transaction

Annual Grant of Restricted Stock Units to each director. Restricted Stock Units to vest 90 days after retirement from the board subject to certain conditions

8 Number of shares, derivatives or other financial instruments linked to them acquired
Robert A. Ingram   40,650
Gary Kennedy 20,325
Patrick Kennedy 20,325
Giles Kerr 20,325
Kieran McGowan 20,325
Kyran McLaughlin 20,325
Donal O'Connor 20,325
Richard Pilnik 20,325
Dennis Selkoe 20,325
Andrew von Eschenbach 20,325
9 Number of shares, derivatives or other financial instruments linked to them disposed of

N/A

10 Price per share or derivative or other financial instrument linked to them or value of transaction

 

N/A

11 Date and place of transaction

7 February 2013

New York Stock Exchange

12 Date issuer informed of transaction

7 February 2013

13 Any additional information

N/A

14 Name of contact and telephone number for queries

William F. Daniel: 01 709 4000

 

Person authorised on behalf of the issuer responsible for making the notification

 

______________________________________________

William F. Daniel - EVP & Company Secretary

 

Date of notification 8 February 2013

Information required under Irish Stock Exchange Listing Rule 6.10

The following additional information is required to be disclosed under ISE Listing Rule 6.10 in respect of interests in securities of a director or secretary or their connected persons. An issuer is not being required to submit the information below to the Central Bank in respect of any PDMR who is also a director/secretary/connected persons.

15   Name of director or secretary (if not required to be stated in box 2)

As in 2 above

  16   State whether the notification relates to a single

transaction being notified in accordance with the Market Abuse Rules and ISE LR 6.10

Yes

17 Description of class of share

Restricted Stock Units of Ordinary Shares of €0.05 each as represented by American Depository Shares

18 Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

19 Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

20 Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
Robert A. Ingram   0 Shares (0%)

132,737 Unvested RSUs

Gary Kennedy 7,650 Shares (0.001%)

97,676 Unvested RSUs

Patrick Kennedy 10,500 Shares (0.002%)

87,352 Unvested RSUs

Giles Kerr 0 Shares (0%)

97,676 Unvested RSUs

Kieran McGowan 6,200 Shares (0.001%)

112,858 Unvested RSUs

Kyran McLaughlin 190,000 Shares (0.032%)

119,437 Unvested RSUs

Donal O'Connor 18,900 Shares (0.003%)

87,352 Unvested RSUs

Richard Pilnik 3,700 Shares (0.001%)

79,609 Unvested RSUs

Dennis Selkoe 180,675 Shares (0.030%)

79,609 Unvested RSUs

Andrew von Eschenbach 2,000 Shares (0.001%)

38,158 Unvested RSUs

If a person whose interests are required to be disclosed under ISE Listing Rule 6.10 has been granted options by the issuer, please complete the following boxes:

21   Date of grant

 

N/A

  22   Period during which or date on which it can be exercised

N/A

23 Total amount paid (if any) for grant of the option

N/A

24 Description of shares involved (class and number)

 

N/A

25 Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise

N/A

26 Total number of shares over which options are held following notification

N/A

Name and signature of duly designated officer of issuer responsible for making notification

 

_________________________________

William F. Daniel - Company Secretary

Date of notification 8 February 2013

The duly designated officer of the issuer responsible for making this notification acknowledges and confirms that he/she is aware that the information as has been provided in response to the questions 15 to 26 above is not information which has been required by or which has been requested by the Central Bank, and is information which is required to be provided to the Irish Stock Exchange only.

Short Name: Elan Corporation plc
Category Code: RDS
Sequence Number: 362814
Time of Receipt (offset from UTC): 20130208T171850+0000

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Elan Corporation plc

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Elan Corporation plc