Director/PDMR Shareholding

RNS Number : 8624D

AstraZeneca PLC

29 March 2011

 



Transactions by Persons Discharging Managerial Responsibilities

Disclosure Rule DTR 3.1.4

On 28 March 2011, the following individuals, who are all persons discharging managerial responsibilities, were each granted awards under the terms of the AstraZeneca Investment Plan (AZIP) and the AstraZeneca Performance Share Plan (AZPSP) over the Company's ordinary shares, or, in the case of David Smith, Lynn Tetrault and Tony Zook, over the Company's American Depositary Shares (ADSs).  One ADS equals one ordinary share. 

Name	Shares awarded under AZIP	Shares awarded under AZPSP	Award price per share
Anders Ekblom	5,134	30,806	2853p
Martin Mackay	16,482	98,895	2853p
Mene Pangalos	6,554	39,327	2853p
Jeff Pott	8,824	52,944	2853p
David Smith	4,381	26,289	$46.18
Lynn Tetrault	6,714	40,285	$46.18
Tony Zook	16,178	97,069	$46.18

The AZIP was approved by shareholders at the Company's AGM in 2010.  These AZIP awards are subject to a four-year performance period and a subsequent four-year holding period.

The performance hurdle that applies to these AZIP awards relates to dividends and dividend cover. A summary of the AZIP can be found in the AstraZeneca Annual Report and Form 20-F Information 2010 which is available on the Company's website www.astrazeneca.com.

The AZPSP was approved by shareholders at the Company's AGM in 2005.  Awards made under the AZPSP may not generally vest before the third anniversary of the relevant date of grant, nor unless the specified performance target(s) have been met at the end of the three-year performance period which, for these awards, is 1 January 2011 to 31 December 2013.

The performance target that applies to these AZPSP awards relates to relative total shareholder return and cash flow.  A summary of the AZPSP can be found in the AstraZeneca Annual Report and Form 20-F Information 2010 which is available on the Company's website www.astrazeneca.com.

A C N Kemp

Company Secretary

29 March 2011

 

END

 

 

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