TIDMAZN

RNS Number : 7876A

AstraZeneca PLC

28 March 2017

28 March 2017 16:00 BST

TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

Disclosure under Article 19 of the EU Market Abuse Regulation

AstraZeneca PLC (the Company) announces that, on 28 March 2017, awards of the Company's ordinary shares of $0.25 each (Ordinary Shares) and of American Depositary Shares (ADSs) vested to certain Persons Discharging Managerial Responsibilities of the Company (PDMRs) under the AstraZeneca Deferred Bonus Plan (AZDBP) and the AstraZeneca Performance Share Plan (AZPSP). Two ADSs are equivalent to one Ordinary Share.

The AZDBP award was granted on 28 March 2014, following the deferral of a portion of each PDMR's annual bonus paid in respect of 2013 performance into Ordinary Shares or ADSs, and vested on completion of the three-year holding period.

The AZPSP award was granted on 28 March 2014. Following the application of performance measures specified at the time of grant, 92% of the AZPSP vested and the remaining unvested part immediately and irrevocably lapsed.

Following the withholding of shares to satisfy certain tax obligations arising on vesting, the PDMRs' beneficial interests in Ordinary Shares and ADSs changed as detailed in the table below:

 
 PDMR              Ordinary   ADSs acquired     Ordinary   ADSs acquired 
                     Shares       under the       Shares       under the 
                   acquired           AZDBP     acquired           AZPSP 
                  under the                    under the 
                      AZDBP                        AZPSP 
--------------  -----------  --------------  -----------  -------------- 
 Pascal 
  Soriot             14,209                      101,584 
--------------  -----------  --------------  -----------  -------------- 
 Marc Dunoyer         1,419                       25,478 
--------------  -----------  --------------  -----------  -------------- 
 Mark Mallon                            620                       22,000 
--------------  -----------  --------------  -----------  -------------- 
 

For tax purposes, the fair market value of an Ordinary Share at vest was 4974.5 pence and the fair market value of an ADS at vest was $31.80, being the relevant closing prices on the last trading day preceding the vesting day.

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

About AstraZeneca

AstraZeneca 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 main therapy areas - Oncology, Cardiovascular & Metabolic Diseases and Respiratory. The Company also is selectively active in the areas of Autoimmunity, Neuroscience and Infection. AstraZeneca operates in over 100 countries and its innovative medicines are used by millions of patients worldwide. For more information, please visit www.astrazeneca.com and follow us on Twitter @AstraZeneca.

 
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 US toll free                                                     +1 866 381 7277 
 

Adrian Kemp

Company Secretary, AstraZeneca PLC

 
 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 
---  -------------------------  ------------------------------------ 
 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             Ordinary Shares of US$0.25 
       the financial              each in AstraZeneca PLC 
       instrument, type 
       of instrument 
                                  GB0009895292 
       Identification 
       code 
---  -------------------------  ------------------------------------ 
 b)   Nature of the              Acquisition of ordinary shares 
       transaction                pursuant to vestings under 
                                  the AstraZeneca Deferred 
                                  Bonus Plan and the AstraZeneca 
                                  Performance Share Plan, for 
                                  nil consideration. 
---  -------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    0          115,793 
                                   ---------  ---------- 
---  -------------------------  ------------------------------------ 
 d)   Aggregated information     Not applicable - single transaction 
 
       - Aggregated volume 
       - Price 
---  -------------------------  ------------------------------------ 
 e)   Date of the transaction    28 March 2017 
---  -------------------------  ------------------------------------ 
 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       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 
---  -------------------------  ------------------------------------ 
 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             Ordinary Shares of US$0.25 
       the financial              each in AstraZeneca PLC 
       instrument, type 
       of instrument 
                                  GB0009895292 
       Identification 
       code 
---  -------------------------  ------------------------------------ 
 b)   Nature of the              Acquisition of ordinary shares 
       transaction                pursuant to vestings under 
                                  the AstraZeneca Deferred 
                                  Bonus Plan and the AstraZeneca 
                                  Performance Share Plan, for 
                                  nil consideration. 
---  -------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    0          26,897 
                                   ---------  ---------- 
---  -------------------------  ------------------------------------ 
 d)   Aggregated information     Not applicable - single transaction 
 
       - Aggregated volume 
       - Price 
---  -------------------------  ------------------------------------ 
 e)   Date of the transaction    28 March 2017 
---  -------------------------  ------------------------------------ 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  ------------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------------- 
 a)   Name                       Mark Mallon 
---  -------------------------  ------------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------------- 
 a)   Position/status            Person Discharging Managerial 
                                  Responsibilities 
---  -------------------------  ------------------------------------ 
 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 
---  -------------------------  ------------------------------------ 
 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             AstraZeneca PLC American 
       the financial              Depositary Shares 
       instrument, type 
       of instrument 
                                  CUSIP: 046353108 
       Identification 
       code 
---  -------------------------  ------------------------------------ 
 b)   Nature of the              Acquisition of ADSs pursuant 
       transaction                to vestings under the AstraZeneca 
                                  Deferred Bonus Plan and the 
                                  AstraZeneca Performance Share 
                                  Plan, for nil consideration. 
---  -------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    0          22,620 
                                   ---------  ---------- 
---  -------------------------  ------------------------------------ 
 d)   Aggregated information     Not applicable - single transaction 
 
       - Aggregated volume 
       - Price 
---  -------------------------  ------------------------------------ 
 e)   Date of the transaction    28 March 2017 
---  -------------------------  ------------------------------------ 
 f)   Place of the transaction   Outside a trading venue 
---  -------------------------  ------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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