IRSH: Elan Corporation plc: Director/PDMR Shareholding

  IRSH: Elan Corporation plc: Director/PDMR Shareholding

UK Regulatory Announcement

DUBLIN

      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.

     Name of the Issuer                         Name of person discharging
                                                managerial responsibilities
1                                      2   
                                                Lars Ekman
     Elan Corporation, plc
                                                Indicate whether the
                                                notification is in respect of
     State whether notification                 a holding of the person
     relates to a person closely                referred to in 2 or 3 above
     associated with a person                   or in respect of a
3    discharging managerial               4     non-beneficial interest
     responsibilities named in 2 and
     identify the connected person              

     N/A                                        

                                                As in 2 above
     Description of shares or
     derivatives or other financial             Name of registered
     instruments linked to them                 shareholder(s) and, if more
                                                than one, number of shares or
                                               derivatives or other
5                                         6     financial instruments linked
                                               to them, held by each
                                                shareholder
     Ordinary Shares of €0.05 each as
     represented by American                    As in 2 above
     Depository Shares
     State the nature of the                    Number of shares, derivatives
     transaction                                or other financial
7                                         8     instruments linked to them
                                               acquired

     Sale of Shares                             N/A
                                                Price per share or derivative
     Number of shares, derivatives or           or other financial instrument
     other financial instruments                linked to them or value of
9    linked to them disposed of           10    transaction

     90,387                                     

                                                US$10.2489
     Date and place of transaction              Date issuer informed of
                                                transaction
11   29 November 2012                     12
                                                29 November 2012
     New York Stock Exchange
                                                Name of contact and telephone
     Any additional information                 number for queries
13                                        14
     N/A                                        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 30 November 2012

      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.

     Name of director or secretary         State whether the notification
     (if not required to be stated         relates to a single
     in box 2)
15                                  16  transaction being notified in
                                          accordance with the Market Abuse
                                           Rules and ISE LR 6.10
     As in 2 above
                                           Yes
     Description of class of share
                                           Percentage of issued class
                                          acquired (treasury shares of that
                                           class should not be taken into
17                                   18   account when calculating
                                           percentage)
     Ordinary Shares of €0.05 each
     as represented by American            N/A
     Depository Shares
     Percentage of issued class            Total holding following
     disposed (treasury shares of          notification and total percentage
     that class should not be taken        holding following notification
     into account when calculating         (any treasury shares should not be
19   percentage)                      20   taken into account when
                                           calculating percentage)
     
                                           
     90,387 shares (0.015%)
                                           86,958 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:

     Date of grant                              Period during which or date
                                                on which it can be exercised
21                                      22 
                                                N/A
     N/A
                                                Description of shares
     Total amount paid (if any) for             involved (class and number)
23   grant of the option                   24
                                                
     N/A
                                                N/A
     Exercise price (if fixed at time of        Total number of shares over
     grant) or indication that the price        which options are held
     is to be fixed at the time of              following notification
25   exercise                              26
                                                
     N/A
                                                N/A
Name and signature of duly designated officer of issuer responsible for
making notification



_________________________________

William F. Daniel - Company Secretary



Date of notification 30 November 2012

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.

Contact:

Elan Corporation plc