AstraZeneca PLC Director/PDMR Shareholding (9148N)

TIDMAZN

RNS Number : 9148N

AstraZeneca PLC

26 May 2020

26 May 2020 10:30 BST

Transaction by Person Discharging Managerial Responsibilities

AstraZeneca PLC (the Company) announced that on 21 May 2020, Pascal Soriot, Chief Executive Officer, was granted an award of the Company's ordinary shares of $0.25 each (Ordinary Shares) under the terms of the AstraZeneca Performance Share Plan (AZPSP), as detailed in the table below.

 
 PDMR            Ordinary Shares   Award price per 
                  granted under     Ordinary Share 
                  the AZPSP 
 Pascal Soriot   8,734                    GBP73.76 
                ----------------  ---------------- 
 

This award forms part of the AZPSP award granted to Mr Soriot on 6 March 2020 and has been made to take account of the revised limits for the AZPSP approved by shareholders at the Company's 2020 Annual General Meeting. As such, it is subject to a combination of performance measures focused on scientific, commercial and financial performance assessed over a three-year performance period (1 January 2020 to 31 December 2022). The Ordinary Shares granted under the AZPSP are subject to a two-year holding period following the performance period, and are due to vest on the fifth anniversary of grant.

Details of the performance measures attached to the AZPSP award can be found in the Directors' Remuneration Report within the AstraZeneca Annual Report and Form 20-F Information 2019, which is available on the Company's website at www.astrazeneca.com/annualreport2019.

 
 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          Initial notification 
       /Amendment 
     ----------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                          AstraZeneca PLC 
     ----------------------------  ------------------------------------- 
 b)   LEI                           PY6ZZQWO2IZFZC3IOL08 
     ----------------------------  ------------------------------------- 
 4    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            Ordinary Shares of US$0.25 each in 
       financial instrument,         AstraZeneca PLC 
       type of instrument 
 
       Identification code           GB0009895292 
     ----------------------------  ------------------------------------- 
 b)   Nature of the transaction     Grant of a share award under the 
                                     AstraZeneca Performance Share Plan 
     ----------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)          Price(s)    Volume(s) 
                                        GBP73.76       8,734 
                                                  ---------- 
     ----------------------------  ------------------------------------- 
 d)   Aggregated information        Not applicable - single transaction 
 
 
       - Aggregated volume 
 
 
       - Price 
     ----------------------------  ------------------------------------- 
 e)   Date of the transaction       21 May 2020 
     ----------------------------  ------------------------------------- 
 f)   Place of the transaction      Outside a trading venue 
     ----------------------------  ------------------------------------- 
 

AstraZeneca

AstraZeneca (LSE/STO/NYSE: 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

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Adrian Kemp

Company Secretary

AstraZeneca PLC

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May 26, 2020 05:30 ET (09:30 GMT)