4th Oct 2006 17:22
Skyepharma PLC04 October 2006 For Immediate Release 4 October 2006 SkyePharma PLC ("the Company") As a result of transactions on 3 October 2006 by the SkyePharma PLC SharePurchase Plan (an Inland Revenue approved all employee share purchase plan),Frank Condella and Donald Nicholson, directors of the Company, as trustees ofthe Plan, became the beneficial owners of an additional 1,998 Ordinary Shares ofthe Company, bringing the total held by the Plan to 219,356 Ordinary Shares ofthe Company. The executive directors of the Company have the following additional interestsas a result of their personal participation in the Plan:- Partnership Matching Shares T otal number of Shares purchased awarded on 3 Partnership and on 3 October at October 2006 at Matching Shares held £0.265 per share £0.265 per on 3 October 2006 shareFrank Condella 472 472 4,260Donald Nicholson 472 472 27,412 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. - ends - This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SKP.L