BRIEF-Skyepharma to raise 112 mln pounds through placing

March 31 Mon Mar 31, 2014 3:03am EDT

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March 31 (Reuters) -

* Skyepharma plc proposed placing and open offer to raise £112m

* Skyepharma plc - placing and open offer of 58,684,614 new ordinary shares at an issue price of 191 pence per new ordinary share

* Skyepharma plc - issue price at 4.3 percent discount to closing price of ordinary share of 199.5 pence on 28 march 2014

* Skyepharma - proceeds to be used for early repayment & redemption of bonds & balance to be used for general corporate purposes Source text for Eikon: Further company coverage:

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