29th Apr 2005 15:32
Skyepharma PLC29 April 2005 For Immediate Release 29 April 2005 SkyePharma PLC ("the Company") As a result of transactions on 29 April 2005 by the SkyePharma PLC SharePurchase Plan (an Inland Revenue approved all employee share purchase plan),Michael Ashton and Donald Nicholson, directors of the Company, as trustees ofthe Plan, became the beneficial owners of an additional 4,936 Ordinary Shares ofthe Company, bringing the total held by the Plan to 135,651 Ordinary Shares ofthe Company. 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 April awarded on 29 April Partnership and 2005 at £0.545 per share 2005 at £0.545 per Matching Shares held share on 29 April 2005 Michael Ashton 229 229 16,638Donald Nicholson 229 229 16,638 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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