Director/PDMR Shareholding

RNS Number : 1459P
AstraZeneca PLC
15 February 2021
 

15 February 2021 15:00 GMT

 

Transactions by Persons Discharging Managerial Responsibilities

 

AstraZeneca PLC (the Company) announced that, on 11 February 2021, awards of the Company's ordinary shares of $0.25 each (Ordinary Shares) vested to certain Persons Discharging Managerial Responsibilities of the Company (PDMRs) under the AstraZeneca Investment Plan (AZIP).

 

The AZIP awards were granted in 2013 and were subject to a four-year performance period followed by a four-year holding period before vesting. The majority of Mr Soriot's 2013 AZIP award was granted in order to compensate him for a loss of remuneration opportunity at his previous employer. Application of the performance measures specified at the time of grant resulted in 100% of the AZIP award vesting.

 

Following the reinvestment of dividends accrued during the performance and holding periods and the withholding of shares to satisfy certain tax obligations arising on vesting, the PDMRs' beneficial interests in Ordinary Shares changed as detailed in the table below:

 

PDMR

Ordinary Shares acquired under the AZIP

Pascal Soriot

107,715

Marc Dunoyer

6,289

 

 

For tax purposes, the fair market value of an Ordinary Share at vest was 7247 pence, being the closing price on the last trading day preceding the vesting.

 

Further details are set out in the attached notifications, made in accordance with the requirements of the EU and UK Market Abuse Regulations.

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

Pascal Soriot

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive Officer

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

AstraZeneca PLC

b)

 

LEI

PY6ZZQWO2IZFZC3IOL08

4i

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Identification code

Ordinary Shares of US$0.25 each in AstraZeneca PLC

 

 

GB0009895292

 

b)

 

Nature of the transaction

 

 

Acquisition of ordinary shares pursuant to a vesting under the AstraZeneca Investment Plan, for nil consideration.

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

0

107,715

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

Not applicable - single transaction

 

 

 

 

e)

 

Date of the transaction

 

11 February 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

Marc Dunoyer

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Financial Officer

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

AstraZeneca PLC

b)

 

LEI

PY6ZZQWO2IZFZC3IOL08

4i

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Identification code

Ordinary Shares of US$0.25 each in AstraZeneca PLC

 

 

GB0009895292

 

b)

 

Nature of the transaction

 

 

Acquisition of ordinary shares pursuant to a vesting under the AstraZeneca Investment Plan, for nil consideration.

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

0

6,289

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

Not applicable - single transaction

 

 

 

 

e)

 

Date of the transaction

 

11 February 2021

f)

 

Place of the transaction

 

Outside a trading venue

AstraZeneca

AstraZeneca (LSE/STO/Nasdaq: AZN) is a global, science-led biopharmaceutical company that focuses on the discovery, development and commercialisation of prescription medicines, primarily for the treatment of diseases in three therapy areas - Oncology, Cardiovascular, Renal & Metabolism, and Respiratory & Immunology. Based in Cambridge, UK, AstraZeneca operates in over 100 countries and its innovative medicines are used by millions of patients worldwide. Please visit astrazeneca.com and follow the Company on Twitter @ AstraZeneca .

Contacts

For details on how to contact the Investor Relations Team, please click here . For Media contacts, click here .

 

 

Adrian Kemp
Company Secretary

AstraZeneca PLC

 

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