Director/PDMR Shareholding

RNS Number : 9928B
AstraZeneca PLC
28 February 2011
 



Transaction by Persons Discharging Managerial Responsibilities

Disclosure Rule DTR 3.1.4

 

The interest of Simon Lowth, a Director of the Company, in AstraZeneca PLC Ordinary Shares of $0.25 each, has changed as detailed below. 

 

On 25 February 2011, Mr Lowth received shares from the vesting of a previously announced award made in February 2008 under the AstraZeneca Deferred Bonus Plan whereby he has now become beneficially entitled to the shares.  Sufficient shares were withheld to cover certain tax obligations arising on the vesting.

 

 

Name of Director

Number of shares vested

Number of shares withheld

Net number of shares

Market price on vesting

 

Simon Lowth

 

1,340

 

   684

 

   656

 

2945p

 

On 25 February 2011, Mr Lowth was also allocated 10,281 shares under the previously disclosed arrangements relating to the payment of annual bonuses 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 2977 pence per share.  Mr Lowth will become beneficially entitled to these shares on 25 February 2014.

 

As a result of these transactions, Mr Lowth has an interest in 213,219 Ordinary Shares, which represent approximately 0.02% of the Company's issued ordinary capital.

 

A C N Kemp

Company Secretary

28 February 2011


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