28 May 2009 15:34
| For filings with the FSA include the annex For filings with issuer exclude the annex |
| TR-1: Notifications of Major Interests in Shares |
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | SKYEPHARMA PLC |
| 2. Reason for notification (yes/no) | |
| An acquisition or disposal of voting rights | Yes |
| An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | No |
| An event changing the breakdown of voting rights | No |
| Other (please specify):______________ | No |
| 3. Full name of person(s) subject to notification obligation: | Gartmore Investment Limited |
| 4. Full name of shareholder(s) (if different from 3): |
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| 5. Date of transaction (and date on which the threshold is crossed or reached if different): | 22nd May 2009 |
| 6. Date on which issuer notified: | 26th May 2009 |
| 7. Threshold(s) that is/are crossed or reached: |
5% |
| 8: Notified Details | |||||||
| A: Voting rights attached to shares | |||||||
| Class/type of shares If possible use ISIN code | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
| Number of shares | Number of voting rights | Number of shares | Number of voting rights | Percentage of voting rights | |||
| Direct | Indirect | Direct | Indirect | ||||
| GB00B3BFNB64 | Below 5% | Below 5% | 1,215,000 | - | 1,215,000 |
| 5.224% |
| B: Financial Instruments
| ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date | Exercise/ conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights |
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| Total (A+B) | |
| Number of voting rights | Percentage of voting rights |
| 1,215,000 | 5.224% |
| 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
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| Proxy Voting: | |
| 10. Name of proxy holder: |
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| 11. Number of voting rights proxy holder will cease to hold: |
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| 12. Date on which proxy holder will cease to hold voting rights: |
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| 13. Additional information: | All shares are held indirectly
All figures are based on the Company's issued share capital of 23,255,831 as provided by Exshare
Email contact RDU@Gartmore.com |
| 14 Contact name: | RDU |
| 15. Contact telephone number: | 0207 782 2324 |
For notes on how to complete form TR-1 please see the FSA website.