31st May 2006 17:44
Skyepharma PLC31 May 2006 For Immediate Release 31 May 2006 SkyePharma PLC ("the Company") As a result of transactions on 31 May 2006 by the SkyePharma PLC Share PurchasePlan (an Inland Revenue approved all employee share purchase plan), MichaelAshton and Donald Nicholson, directors of the Company, as trustees of the Plan,became the beneficial owners of an additional 7,372 Ordinary Shares of theCompany, bringing the total held by the Plan to 197,348 Ordinary Shares of theCompany. 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 31 May 2006 awarded on 31 May 2006 Partnership and at £0.365 per share at £0.365 per share Matching Shares held on 31 May 2006 Frank Condella 342 342 684Michael Ashton 342 342 23,836Donald Nicholson 342 342 23,836 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:
SKP.L