Director/PDMR Shareholding

RNS Number : 5532J
AstraZeneca PLC
31 March 2010
 



Transaction by Persons Discharging Managerial Responsibilities

Disclosure Rule DTR 3.1.4

 

We hereby inform you that on 30 March 2010, the interest of David Brennan, a Director of the Company, in AstraZeneca ordinary shares, changed as detailed below.  The change in interest relates to the vesting of a previously announced award made in March 2007 under the AstraZeneca Performance Share Plan whereby, following the application of performance measures specified at the time of grant, Mr Brennan has now become beneficially entitled to 78% of the shares originally awarded.  In accordance with the plan rules, the unvested part of the award has immediately and irrevocably lapsed.  Sufficient shares were withheld to cover certain tax obligations arising on the vesting.

 

Name of Director

Gross Shares Awarded

Shares Lapsed

Shares Vested

Shares Withheld

Net Shares Received

Market Price on Vesting

 

David R Brennan

 

107,051

 

23,552

 

83,499

 

34,235

 

49,264

 

2980p

 

 

Mr Brennan has interests in both the Ordinary Shares and the American Depositary Shares (ADSs) of AstraZeneca PLC.  One ADS equals one Ordinary Share.

 

As a result of this transaction, Mr Brennan now has an interest in 458,926 Ordinary Shares and 77,946 AstraZeneca ADSs, which together represent approximately 0.04% of the Company's issued ordinary capital.

 

A C N Kemp

Company Secretary

31 March 2010


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