30th Jan 2006 18:28
Morgan Stanley Securities Limited30 January 2006 FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the City Code on Takeovers and Mergers) 1. KEY INFORMATION Name of person dealing (Note 1) Morgan Stanley Securities LimitedCompany dealt in Skyepharma Group PLCClass of relevant security to which the Ordinary Sharesdealings being disclosed relate (Note 2) Date of dealing 27/01/2006 2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE (a) Interests and short positions (following dealing) in the class ofrelevant security dealt in (Note 3) Long Short Number (%) Number (%) (1) Relevant securities N/A 3,898,081 (0.517%) (2) Derivatives (other than options) N/A N/A (3) Options and agreements to purchase/sell N/A N/A Total N/A 3,898,081 (0.517%) (b) Interests and short positions in relevant securities of the company,other than the class dealt in (Note 3) Class of relevant security: Long Short Convertible Bonds due 2024 Number Number (%) (%) (1) Relevant securities 6,200,000 (8.909%) N/A (2) Derivatives (other than options) N/A N/A (3) Options and agreements to purchase/sell N/A N/A Total 6,200,000 (8.909%) N/A (c) Rights to subscribe (Note 3) Class of relevant security: Details N/A N/A 3. DEALINGS (Note 4) (a) Purchases and sales Purchase/sale Number of securities Price per unit (Note 5) GBP PURCHASES 166,323 0.440 52,791 0.435 12,256 0.433 SALES 0 High: N/A Low: N/A Previous undisclosed trades detailedbelow. (b) Derivatives transactions (other than options) Product name, Long/short (Note 6) Number of securities (Note 7) Price per unit (Note 5) e.g. CFDN/A N/A N/A N/A (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying Product name, Writing, selling, Number of securities Exercise Type, e.g. Expiry Option money purchasing, to which the option American,e.g. call option varying etc. relates (Note 7) price European etc. date paid/received per unit (Note 5) N/A N/A N/A N/A N/A N/A N/A (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 5) N/A N/A N/A (d) Other dealings (including new securities) (Note 4) Nature of transaction (Note 8) Details Price per unit (if applicable) (Note 5) N/A N/A N/A 4. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the person disclosing and any other person relatingto the voting rights of any relevant securities under any option referred to on this form or relating to the votingrights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form isreferenced. If none, this should be stated. Is a Supplemental Form 8 attached? (Note 9) NO Date of disclosure 30 January 2006 Contact name Alexander Garcia Telephone number 0207 425 8677 If a connected EFM, name of offeree/offeror with which connected N/A If a connected EFM, state nature of connection (Note 10) N/A Please see below a summary of dealings on a daily aggregated basis in theOrdinary Stock: Date of Number of High Low Price Number of High Price Low Price Resultant ResultantDealing Shares Price BUYS Shares Sold SELLS SELLS Holding Percentage of BUYS Ordinary Share Bought (GBP) (GBP) (GBP) (GBP) Capital Nov 14 2005 171,600 0.503 0.488 86,939 0.485 0.483 -4,549,050 -0.604Nov 15 2005 5,000 0.520 0.520 99,130 0.530 0.530 -4,643,180 -0.616Nov 16 2005 68,672 0.523 0.523 120,470 0.525 0.518 -4,694,978 -0.623Nov 17 2005 50,400 0.520 0.520 88,392 0.525 0.508 -4,732,970 -0.628Nov 18 2005 74,794 0.520 0.510 10,840 0.510 0.510 -4,669,016 -0.619Nov 21 2005 169,866 0.515 0.515 0 N/A N/A -4,499,150 -0.597Nov 22 2005 0 N/A N/A 273,886 0.535 0.513 -4,773,036 -0.633Nov 23 2005 261,900 0.575 0.560 22,400 0.578 0.565 -4,533,536 -0.601Nov 24 2005 568,593 0.568 0.458 200,929 0.485 0.470 -4,165,872 -0.553Nov 25 2005 33,300 0.480 0.470 256,320 0.473 0.473 -4,388,892 -0.582Nov 28 2005 0 N/A N/A 222,953 0.483 0.463 -4,611,845 -0.612Nov 29 2005 182,200 0.458 0.450 119,080 0.465 0.453 -4,548,725 -0.603Nov 30 2005 0 N/A N/A 692,211 0.503 0.490 -5,240,936 -0.695Dec 1 2005 4,094,144 0.495 0.495 4,743,624 0.538 0.495 -5,890,416 -0.781Dec 2 2005 0 N/A N/A 335,505 0.533 0.518 -6,225,921 -0.826Dec 5 2005 61,500 0.523 0.510 0 N/A N/A -6,164,421 -0.818Dec 6 2005 9,458 0.520 0.523 86,100 0.523 0.515 -6,241,063 -0.828Dec 7 2005 0 N/A N/A 391,300 0.518 0.518 -6,632,363 -0.880Dec 8 2005 86,530 0.525 0.513 356,300 0.523 0.513 -6,902,133 -0.916Dec 9 2005 83,300 0.528 0.525 342,720 0.535 0.520 -7,161,553 -0.950Dec 12 2005 181,063 0.520 0.513 327,300 0.525 0.510 -7,307,790 -0.970Dec 13 2005 206,300 0.520 0.510 0 N/A N/A -7,101,490 -0.942Dec 14 2005 188,900 0.513 0.505 0 N/A N/A -6,912,590 -0.917Dec 15 2005 70,700 0.513 0.505 0 N/A N/A -6,841,890 -0.908Dec 16 2005 471,825 0.518 0.510 0 N/A N/A -6,370,065 -0.845Dec 19 2005 633,387 0.513 0.503 15,341 0.510 0.510 -5,752,019 -0.763Dec 20 2005 25,800 0.508 0.505 0 N/A N/A -5,726,219 -0.760Dec 21 2005 0 N/A N/A 0 N/A N/A -5,726,219 -0.760Dec 22 2005 45,400 0.508 0.505 0 N/A N/A -5,680,819 -0.754Dec 28 2005 55,735 0.510 0.510 0 N/A N/A -5,625,084 -0.746Dec 29 2005 64,630 0.508 0.503 15,696 0.505 0.510 -5,576,150 -0.740Jan 3 2006 140,851 0.500 0.488 0 N/A N/A -5,435,299 -0.721Jan 4 2006 370,605 0.495 0.480 63,301 0.494 0.494 -5,127,995 -0.680Jan 5 2006 169,963 0.483 0.475 45,754 0.482 0.482 -5,003,786 -0.664Jan 6 2006 43,159 0.470 0.463 227,336 0.475 0.468 -5,187,963 -0.688Jan 9 2006 169,077 0.473 0.473 331,077 0.490 0.460 -5,349,963 -0.710Jan 10 2006 567,659 0.520 0.483 137,070 0.520 0.478 -4,919,374 -0.653Jan 11 2006 69,641 0.500 0.480 99,579 0.503 0.485 -4,949,312 -0.657Jan 12 2006 165,842 0.495 0.485 91,710 0.495 0.475 -4,875,180 -0.647Jan 13 2006 107,648 0.496 0.485 231,712 0.486 0.478 -4,999,244 -0.663Jan 16 2006 782,654 0.475 0.455 254,172 0.483 0.455 -4,470,762 -0.593Jan 17 2006 217,378 0.460 0.436 261,398 0.460 0.436 -4,514,782 -0.599Jan 18 2006 145,750 0.440 0.420 193,600 0.440 0.420 -4,562,632 -0.605Jan 19 2006 155,780 0.443 0.435 205,600 0.443 0.423 -4,612,452 -0.612Jan 20 2006 196,370 0.446 0.435 171,800 0.446 0.435 -4,587,882 -0.609Jan 23 2006 57,491 0.458 0.448 27,440 0.455 0.445 -4,557,831 -0.605Jan 24 2006 176,100 0.443 0.430 6,700 0.433 0.430 -4,388,431 -0.582Jan 25 2006 65,540 0.446 0.438 23,400 0.448 0.443 -4,346,291 -0.577Jan 26 2006 216,840 0.438 0.430 0 N/A N/A -4,129,451 -0.548 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SKP.L