Director/PDMR Shareholding

RNS Number : 9544N

AstraZeneca PLC

26 February 2009

 



Transaction by Persons Discharging Managerial Responsibilities

Disclosure Rule DTR 3.1.4

We hereby inform you that the interest of David R. Brennan, a Director of the Company, in the shares of AstraZeneca PLC has changed as detailed below. Mr Brennan has interests in both the Ordinary Shares and the American Depositary Shares (ADSs) of AstraZeneca PLC. One ADS equals one Ordinary Share.

On 25 February 2009, Mr Brennan received an allocation of 17,992 Ordinary Shares under the previously disclosed arrangements relating to his annual bonus for 2008 whereby he is required to defer a portion of the bonus earned into shares for a period of three years. The shares were allocated at a price of 2400 pence per share. Mr Brennan will become beneficially entitled to these shares on 25 February 2012.

On 25 February 2009, Mr Brennan received scheduled distributions out of the AstraZeneca US Executive Deferral Plan and the AstraZeneca US Executive Deferred Compensation Plan, unitised stock funds established in 2000 and 2005 respectively, in which Mr Brennan, in common with other participating US executives, is deemed to have a notional interest in ADSs calculated by reference to the fund value and the closing price of AstraZeneca ADSs. Following this scheduled distribution on 25 February 2009, Mr Brennan had a notional interest in 36,105 ADSs within the AstraZeneca US Executive Deferral Plan by reference to the closing price of ADSs on 25 February 2009 of US$33.95. Mr Brennan's interest in ADSs within the AstraZeneca US Executive Deferred Compensation Plan has reduced to zero as a result of this distribution.

Immediately prior to the above transactions, Mr Brennan had an interest in 393,369 Ordinary Shares and 116,689 AstraZeneca ADSs. As a result of these transactions, Mr Brennan's interest is now 411,361 Ordinary Shares and 76,364 AstraZeneca ADSs, including the notional interest in ADSs in the AstraZeneca US Executive Deferral Plan referred to above. This interest represents approximately 0.034% of the Company's issued ordinary capital.

A C N Kemp

Company Secretary

26 February 2009

 

END

 

 

RDSUNVSRKNRUUAR