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Share Purchase Plan

3rd Apr 2006 17:43

Skyepharma PLC03 April 2006 For Immediate Release 3 April 2006 SkyePharma PLC ("the Company") As a result of transactions on 3 April 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 6,146 Ordinary Shares of theCompany, bringing the total held by the Plan to 184,068 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 3 April 2006 awarded on 3 April Partnership and at £0.3825 per share 2006 at £0.3825 per Matching Shares held share on 3 April 2006 Michael Ashton 327 327 22,522Donald Nicholson 327 327 22,522 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 ofthe underlying Partnership Shares. 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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