31st Aug 2006 11:20
Skyepharma PLC31 August 2006 For Immediate Release 31 August 2006 SkyePharma PLC ("the Company") As a result of transactions on 30 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 4,892 Ordinary Shares ofthe Company, bringing the total held by the Plan to 217,360 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 30 August awarded on 30 August Partnership and 2006 at £0.2625 per share 2006 at £0.2625 per Matching Shares held share on 30 August 2006 Frank Condella 476 476 3,316Donald Nicholson 476 476 26,468 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