1st Mar 2007 16:41
Skyepharma PLC01 March 2007 For Immediate Release 1 March 2007 SkyePharma PLC ("the Company") Share Purchase Plan As a result of transactions on 28 February 2007 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 6,024 Ordinary Shares of theCompany, bringing the total held by the Plan to 203,455 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 28 awarded on 28 Partnership and February 2007 February 2007 Matching Shares at 22.25p per share at 22.25p per share held on 28 February 2007 Frank Condella 562 562 9,536Peter Grant 562 562 2,164 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:
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