2nd Nov 2006 16:13
Skyepharma PLC02 November 2006 For Immediate Release 2 November 2006 SkyePharma PLC ("the Company") As a result of transactions on 1 November 2006 by the SkyePharma PLC SharePurchase Plan (an Inland Revenue approved all employee share purchase plan),Frank Condella and Donald Nicholson, 6,700 Ordinary Shares of the Company,bringing the total held by the Plan to 220,932 Ordinary Shares of the Company. The executive directors of the Company have the following additional interestsas a result of their personal participation in the Plan:- Partnership Shares Matching Shares Total number of purchased on awarded on 1 Partnership and 1 November at £0.2375 November 2006 at Matching Shares per share £0.2375 per share held on 1 November 2006 Frank Condella 527 527 5,134Donald Nicholson 527 527 28,466 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. - ends - This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SKP.L