Elan sets AGM date for end of July

Elan will hold its 2002 Annual General Meeting on July 31st

Elan will hold its 2002 Annual General Meeting on July 31st. The company also dismissed earlier reports that the AGM had been postponed from a date in May as "press speculation".

Mr Donal Geaney, chairman and chief executive of Elan, commented: "We believe that press speculation inferring the 2002 Elan Annual General Meeting has been 'put off' is highly speculative based upon the account of a 'trader'".

He added that Elan was not contacted by any member of the media for verification of this story.

In addition, Elan expects to report its second quarter earnings on July 31st.