Share Purchase Plan
31 Octubre 2003 - 9:20AM
UK Regulatory
RNS Number:5577R
Skyepharma PLC
31 October 2003
Immediate Release 31 October 2003
SkyePharma PLC ("the Company")
As a result of transactions on 31 October 2003 by the SkyePharma PLC Share
Purchase Plan (an Inland Revenue approved all employee share purchase plan),
Michael Ashton and Donald Nicholson, directors of the Company, as trustees of
the Plan, became the beneficial owners of an additional 3,552 Ordinary Shares of
the Company, bringing the total held by the Plan to 86,798 Ordinary Shares of
the Company.
As a result the executive directors of the Company have the following additional
interests as a result of their personal participation in the Plan:-
Partnership Matching Total number of
Shares purchased Shares awarded Partnership and
on 31 October 2003 on 31 October Matching Shares held
at #0.6475 per 2003 at #0.6475 on 31 October 2003.
share. per share.
Ian Gowrie-Smith 193 193 3,950
Michael Ashton 193 193 9,380
Donald Nicholson 193 193 9,380
In accordance with the rules of the Plan these directors have been awarded the
Matching Shares on the basis of one Matching Share for each Partnership Share.
The beneficial ownership of the Matching Shares will pass to the directors in
three years time subject to continued employment and the retention of the
underlying Partnership Shares.
- ends -
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSFDAFIFSDSEFS