REG-J.P. Morgan Securities plc. Form 38.5 - Elan Corporation plc

Fri Mar 22, 2013 7:48am EDT

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LONDON--(Business Wire)--


FORM 38.5

IRISH TAKEOVER PANEL

DISCLOSURE UNDER RULE 38.5 OF THE IRISH TAKEOVER PANEL ACT, 1997,

TAKEOVER RULES, 2007 (AS AMENDED)

DEALINGS BY CONNECTED EXEMPT MARKET-MAKERS

1.KEY INFORMATION

 Name of exempt market-maker                  J.P. Morgan Securities plc    
 Company dealt in                             Elan Corporation plc          
 Class of relevant security to which the      Ordinary Shares               
 
dealings being disclosed relate (Note 1)                                  
 Date of dealing                              21 March 2013                 


2.DEALINGS (Note 2) 

Purchases and sales

 Total number of relevant secuities acquired    Highest price paid (Note 3)    Lowest price paid (Note 3)    
 68,016                                         9.0330 EUR                     8.9710 EUR                    


 Total number of relevant securities disposed    Highest price received (Note 3)    Lowest price received (Note 3)    
 45,330                                          8.9891 EUR                         8.9891 EUR                        


(b)Derivatives transactions (other than options transactions)

 Product name     Nature of transaction    Number of relevant securities (Notes 5)    Price per unit (Notes 3)    
 e.g. CFD         (Note 4)                                                                                        
 Equity Swap      Short                    2,495                                      8.9833 EUR                  


(c)Options transactions in respect of existing relevant securities

(i)Writing, selling, purchasing or varying

 Product name, e.g. call options  Writing, selling, purchasing, varying etc.  Number of securities to which the option relates (Note5)  Exercise price  Type, e.g. American, European etc.  Expiry date  Option money paid/received per unit (Note 3)  


(ii)Exercising

 Product name,       Number of securities  Exercise price per unit (Note 3)  
 e.g. call options                                                           


3.OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

 Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.  


 Date of disclosure                              22 March 2013                   
 Contact name                                    Andrew Mhango                   
 Telephone number                                +44 (0) 207 134 6126            
 Name of offeree/offeror with which connected    RP Management LLC               
 Nature of connection (Note 6)                   Adviser to RP Management LLC    


J.P. Morgan Securities plc. 

Copyright Business Wire 2013

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