1st Aug 2006 17:34
Skyepharma PLC01 August 2006 For Immediate Release 1 August 2006 SkyePharma PLC ("the Company") As a result of transactions on 1 August 2006 by the SkyePharma PLC SharePurchase Plan (an Inland Revenue approved all employee share purchase plan),Frank Condella and Donald Nicholson, directors of the Company, as trustees ofthe Plan, became the beneficial owners of an additional 9,428 Ordinary Shares ofthe Company, bringing the total held by the Plan to 212,468 Ordinary Shares ofthe Company. The executive directors of the Company have the following additional interestsas a result of their personal participation in the Plan:- Partnership Shares Matching Shares Total number of purchased on 1 August awarded on 1 August Partnership and 2006 at £0.28 per share 2006 at £0.28 per Matching Shares held share on 1 August 2006Frank Condella 446 446 2,364Donald Nicholson 446 446 25,516 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. - ends - This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SKP.L