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Director/PDMR Shareholding

3rd Nov 2005 16:39

Skyepharma PLC03 November 2005 For immediate release 3 November 2005 SkyePharma PLC ("the Company") Notification of Interests of Directors The Company has been informed of the following transactions by directors inrespect of the Ordinary Shares to be issued on 3 November 2005 under theCompany's rights issue: Mr Michael Ashton has acquired a beneficial interest in 115,651 Ordinary Sharesat a price of 30 pence per share. As a result of the transaction, Mr Ashton nowhas a beneficial interest in 686,610 Ordinary Shares in the Company. Sir Michael Beavis has acquired a beneficial interest in 62,059 Ordinary Sharesat a price of 30 pence per share. As a result of the transaction, Sir Michaelnow has a beneficial interest in 372,356 Ordinary Shares in the Company. Mr Alan Bray has acquired a beneficial interest in 20,000 Ordinary Shares at aprice of 30 pence per share. As a result of the transaction, Mr Bray now has abeneficial interest in 120,000 Ordinary Shares in the Company. Dr David Ebsworth has acquired a beneficial interest in 18,000 Ordinary Sharesat a price of 30 pence per share. As a result of the transaction, Dr Ebsworthnow has a beneficial interest in 108,000 Ordinary Shares in the Company. Mr Ian Gowrie-Smith has acquired a beneficial interest in a total of 331,706Ordinary Shares at a price of 30 pence per share as a result of the followingtransactions: Walkvale Limited, a company in which Mr Ian Gowrie-Smith has abeneficial interest, has sold 232,500 nil-paid rights at a price of 5.25 penceper right and acquired 35,643 Ordinary Shares at a price of 30 pence per share.Estuary Investments Limited, a company in which Mr Ian Gowrie-Smith has abeneficial interest, has sold 780,000 nil-paid rights at a price of 5.25 penceper right and acquired 128,650 Ordinary Shares at a price of 30 pence per share.Pellinore Holdings Limited, a company in which Mr Ian Gowrie-Smith has abeneficial interest, has acquired 98,972 Ordinary Shares at a price of 30 penceper share. Thornaby Limited, a company in which Mr Ian Gowrie-Smith has abeneficial interest, has sold 80,000 nil-paid rights at a price of 6.5 pence perright and acquired 20,000 Ordinary Shares at a price of 30 pence per share. MrIan Gowrie-Smith has acquired a beneficial interest in 48,441 Ordinary Shares ata price of 30 pence per share. As a result of these transactions, Mr Gowrie-Smith now has a beneficial interestin 7,452,744 Ordinary Shares in the Company. Mr Stephen Harris has acquired a beneficial interest in 26,216 Ordinary Sharesat a price of 30 pence per share. As a result of the transaction, Mr Harris nowhas a beneficial interest in 157,299 Ordinary Shares in the Company. Dr Keith Mansford has acquired a beneficial interest in 13,588 Ordinary Sharesat a price of 30 pence per share. As a result of the transaction, Dr Mansfordnow has a beneficial interest in 81,531 Ordinary Shares in the Company. Mr Donald Nicholson has acquired a beneficial interest in 109,961 OrdinaryShares at a price of 30 pence per share. As a result of the transaction, MrNicholson now has a beneficial interest in 752,467 Ordinary Shares in theCompany. This information is provided by RNS The company news service from the London Stock Exchange

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