3rd Feb 2006 11:19
Skyepharma PLC03 February 2006 For Immediate Release 3 February 2006 SkyePharma PLC ("the Company") As a result of transactions on 1 February 2006 by the SkyePharma PLC SharePurchase Plan (an Inland Revenue approved all employee share purchase plan),Michael Ashton and Donald Nicholson, directors of the Company, as trustees ofthe Plan, became the beneficial owners of an additional 6,038 Ordinary Shares ofthe Company, bringing the total held by the Plan to 171,005 Ordinary Shares ofthe Company. As a result the executive directors of the Company have the following additionalinterests as a result of their personal participation in the Plan:- Partnership Shares Matching Shares Total number of purchased on 1 February awarded on 1 February Partnership and 2006 at £0.43 per share 2006 at £0.43 per Matching Shares held share on 1 February 2006 Michael Ashton 290 290 21,254Donald Nicholson 290 290 21,254 In accordance with the rules of the Plan these directors have been awarded theMatching Shares on the basis of one Matching Share for each Partnership Share. The beneficial ownership of the Matching Shares will pass to the directors inthree years' time subject to continued employment and the retention of theunderlying Partnership Shares. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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