cathraj - whats your brokers view on the company's prospects. I take it they advised you to hold hence your post.
I thought they were holding shares but re reading their last disclosure they could be options. Dont know enough to comment. Perhaps someone else could.
The following is part of their recent disclosure reprinted to look at the wording.
1. KEY INFORMATION
Name of person dealing (Note 1) FMR CORP AND/OR ONE OR MORE OF ITS DIRECT
OR INDIRECT SUBSIDIARIES AND FIDELITY
INTERNATIONAL LIMITED AND/OR ONE OR MORE
OF ITS DIRECT AND INDIRECT SUBSIDIARIES
Company dealt in SKYEPHARMA PLC
Class of relevant security
to which the dealings
being disclosed relate (Note 2) ORDINARY SHARES
Date of dealing 15 DECEMBER 2005
2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE
(a) Interests and short positions (following dealing) in the class of
relevant security dealt in (Note 3)
Long Short
Number (%) Number (%)
(1) Relevant securities 80,109,994 (10.63%)
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell
Total 80,109,994 (10.63%)
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