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Re Convertible Bonds

12th Jun 2006 14:41

Skyepharma PLC12 June 2006 For immediate release 12 June 2006 SkyePharma PLC SkyePharma (Jersey) Limited £20 million 8 per cent Guaranteed Convertible Bonds due 2025 As a result of the average closing price of SkyePharma PLC shares on 3 June 2006being less than 75% of the prevailing Exchange Price of the 8% GuaranteedConvertible Bonds due 2025 (77 pence), the Exchange Price has been reset to 58pence in accordance with the terms and conditions of the bonds. - ends - This information is provided by RNS The company news service from the London Stock Exchange

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SKP.L
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