1st Jul 2005 15:09
Skyepharma PLC01 July 2005 For Immediate Release 1 July 2005 SkyePharma PLC ("the Company") As a result of transactions on 1 July 2005 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 5,650 Ordinary Shares of theCompany, bringing the total held by the Plan to 147,127 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 1 July 2005 awarded on 1 July 2005 Partnership and at £0.5575 per share at £0.5575 per share Matching Shares held on 1 July 2005 Michael Ashton 224 224 17,548Donald Nicholson 224 224 17,548 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