Director/PDMR Shareholding

RNS Number : 3568N

AstraZeneca PLC

31 August 2011

 



Transactions by Person Discharging Managerial Responsibilities

Disclosure Rules DR 3.1.4R

On 26 August 2011, Katarina Ageborg, a person discharging managerial responsibilities, was granted awards under the terms of the AstraZeneca Investment Plan (AZIP) and the AstraZeneca Performance Share Plan (AZPSP) over the Company's USD0.25 Ordinary Shares as follows:

Shares awarded under AZIP	Shares awarded under AZPSP	Award price
3,337	4,091	2841p

The AZIP was approved by shareholders at the Company's AGM on 29 April 2010.  This AZIP award is subject to a four-year performance period and a subsequent four-year holding period.

The performance hurdle that applies to this AZIP awards relates to dividends and dividend cover. A summary of the AZIP can be found in the AstraZeneca Annual Report and Form 20-F Information 2010 which is available on the Company's website www.astrazeneca.com.

The AZPSP was approved by shareholders at the Company's AGM in 2005.  Awards made under the AZPSP 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 performance period which, for this award, is 1 January 2011 to 31 December 2013.

The performance target that applies to this AZPSP award relates to relative total shareholder return and cash flow.  A summary of the AZPSP can be found in the AstraZeneca Annual Report and Form 20-F Information 2010 which is available on the Company's website www.astrazeneca.com.

A C N Kemp

Company Secretary

31 August 2011

 

END

 

 

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