Director/PDMR Shareholding

RNS Number : 7409P

AstraZeneca PLC

30 March 2009

 



Transaction by Persons Discharging Managerial Responsibilities

Disclosure Rules DR 3.1.4R

We hereby inform you that on 27 March 2009, the following individuals, who are all persons discharging managerial responsibilities, were each granted an award under the terms of the AstraZeneca Performance Share Plan over the Company's USD0.25 Ordinary Shares or, in the case of L Tetrault and A Zook, over the Company's American Depositary Shares (ADSs). One ADS equals one Ordinary Share  

Name of individual	Target number of shares awarded	Award price per share	Normal vesting date
B Angelici	30,723	2280p	27 March 2012
A Ekblom	22,635	2280p	27 March 2012
J Lundberg	31,251	2280p	27 March 2012
J Pott	23,026	2280p	27 March 2012
D Smith	25,000	2280p	27 March 2012
L Tetrault	55,444	US$33.39	27 March 2012
A Zook	85,229	US$33.39	27 March 2012

The AstraZeneca Performance Share Plan was approved by shareholders at the Company's AGM in 2005. Awards made under the Plan may not generally vest before the third anniversary of the relevant date of grant nor unless the specified performance target(s) have been met at the end of the three year period which, for this award, is 1 January 2009 to 31 December 2011.  

The performance target that applies to this award is the Company's Total Shareholder Return ('TSR') compared to the TSR of a selected peer group of 12 other pharmaceutical companies. The actual number of shares to which a participant may become unconditionally entitled will depend on the extent to which the performance target(s) have been met. A summary of the Plan, including a more detailed explanation of the performance target(s), can be found in the AstraZeneca Annual Report and Form 20-F Information 2008 which is available on the Company's website www.astrazeneca.com.

A C N Kemp

Company Secretary

30 March 2009

 

END

 

 

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