Elan options exercised

MR Ken McVey, an executive director of Elan Corporation, has exercised options over 90,000 shares at prices ranging from $9

MR Ken McVey, an executive director of Elan Corporation, has exercised options over 90,000 shares at prices ranging from $9.915 to $15.625 per share, at a total cost of $1,262,550 (£777,000). He then sold 39,500 of the shares at an average price of $32 each for a total of $1,264,000.

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