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Director/PDMR Shareholding

14th Nov 2008 16:44

RNS Number : 2355I
Skyepharma PLC
14 November 2008
 



14 November 2008

SkyePharma PLC (the "Company")

On 12 November 2008, as a result of the operation of the Co-Investment Agreements entered into by the Company and the relevant director in 2006/7, and as authorised by the Remuneration Committee, the following directors of the Company became the legal and beneficial owners of the following numbers of Ordinary Shares of the Company with a value of £1.625 per Share:-

Name

Date of Award of Matching Shares

Number of Ordinary Shares (value £1.625 per Ordinary Share)

Frank Condella

27 February 2006

6,571

Dr Ken Cunningham

1 March 2006

1,985

Peter Grant

26 January 2007

1,877

In respect of Frank Condella and Dr Ken Cunningham, these Ordinary Shares released on 12 November 2008 are the second and final tranches of the award of Matching Shares. In respect of Peter Grant, these Ordinary Shares released on 12 November 2008 are the first tranche of Matching Shares.

Further details about the Co-Investment Agreements can be found in the 2007 Annual Report and Accounts of the Company.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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