30th Nov 2005 17:04
Skyepharma PLC30 November 2005 For Immediate Release 30 November 2005 SkyePharma PLC ("the Company") As a result of transactions on 30 November 2005 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 2,670 Ordinary Shares ofthe Company, bringing the total held by the Plan to 160,291 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 30 awarded on 30 Partnership and November 2005 at November 2005 at Matching Shares £0.5050 per share £0.5050 per share held on 30 November 2005 Michael Ashton 247 247 20,178Donald Nicholson 247 247 20,178 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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