30th Nov 2006 11:03
Skyepharma PLC30 November 2006 For Immediate Release 30 November 2006 SkyePharma PLC ("the Company") As a result of transactions on 29 November 2006 by the SkyePharma PLC SharePurchase Plan (a Revenue approved all employee share purchase plan), FrankCondella and Peter Grant, directors of the Company, as trustees of the Plan,became the beneficial owners of an additional 6018 Ordinary Shares of theCompany, bringing the total held by the Plan to 226,950 Ordinary Shares of theCompany. Peter Grant is a newly appointed trustee of the Plan with effect from 29November 2006, following the retirement of Donald Nicholson as trustee on thesame date. 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 29 November awarded on 29 November Partnership and 2006 at £0.2225 per 2006 at £0.2225 per Matching Shares held share share on 29 November 2006Frank Condella 561 561 6,436 In accordance with the rules of the Plan, Matching Shares have been awarded onthe basis of one Matching Share for each Partnership Share. The beneficial ownership of the Matching Shares will pass to the director 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:
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