29th Jan 2007 12:48
Skyepharma PLC29 January 2007 For immediate release 29 January 2007 SkyePharma PLC ("the Company") Notification of Interests of Directors The Company was informed on 26 January 2007 by Peter Grant, Finance Director ofSkyePharma PLC, that on 26 January 2007 he had purchased 100,000 Ordinary Sharesin the Company at a price of 24.0 pence per share. The shares are registered inthe name of LR Nominees Limited. As a result of the transaction Mr Grant nowhas a beneficial interest in 100,000 Ordinary Shares in the Company whichrepresents 0.01% of the Issued Share Capital of the Company. Under the terms of share incentive arrangements awarded to Mr Grant followingthis purchase the Company will grant a matching award of 2 Ordinary Shares foreach share purchased. Provided that Mr Grant remains employed by the Companyand the Ordinary Shares purchased have not been sold, 50% of the matching awardwill be released on the first anniversary of the date of the award with thebalance being released on the second anniversary. - ends - This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SKP.L