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RNS Number : 8560Z AstraZeneca PLC 07 March 2025
7 March 2025
Transaction by Person Discharging Managerial Responsibilities
AstraZeneca PLC (the Company) announced that, on 6 March 2025, an award of the
Company's ordinary shares of $0.25 each (Ordinary Shares) vested to Pascal
Soriot, Executive Director and Chief Executive Officer, under the terms of the
AstraZeneca Performance Share Plan (AZPSP).
The AZPSP award was granted on 6 March 2020 and was subject to a three-year
performance period. On the third anniversary of grant the award was placed in
a two-year holding period. The award vested at the end of that holding period.
Application of the performance measures specified at the time of grant
resulted in 97% of the AZPSP award vesting and the remaining unvested part
lapsing.
Following the reinvestment of dividends accrued during performance and holding
periods of the AZPSP award, and the withholding of shares to satisfy certain
tax obligations arising on vesting, Mr Soriot's beneficial interests in
Ordinary Shares changed as detailed in the table below:
PDMR Ordinary Shares acquired under the AZPSP
Pascal Soriot 89,962
For tax purposes, the fair market value of an Ordinary Share at vest of the
AZPSP award was 12,062 pence, being the closing price on the last trading day
preceding the vesting.
Further details are set out in the attached notification, made in accordance
with the requirements of the EU Market Abuse Regulation (as it forms part of
UK law pursuant to the European Union (Withdrawal) Act 2018.
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 /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name AstraZeneca PLC
b) LEI PY6ZZQWO2IZFZC3IOL08
4 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 the financial instrument, type of instrument Ordinary Shares of US$0.25 each in AstraZeneca PLC
Identification code
GB0009895292
b) Nature of the transaction Acquisition of ordinary shares pursuant to a vesting under the AstraZeneca
Performance Share Plan, for nil consideration.
c) Price(s) and volume(s)
Price(s) Volume(s)
0 89,962
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 6 March 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
6 March 2025
f)
Place of the transaction
Outside a trading venue
AstraZeneca
AstraZeneca (LSE/STO/Nasdaq: AZN) is a global, science-led biopharmaceutical
company that focuses on the discovery, development, and commercialisation of
prescription medicines in Oncology, Rare Diseases, and BioPharmaceuticals,
including Cardiovascular, Renal & Metabolism, and Respiratory &
Immunology. Based in Cambridge, UK, AstraZeneca's innovative medicines are
sold in more than 125 countries and used by millions of patients worldwide.
Please visit astrazeneca.com (http://www.astrazeneca.com/) and follow the
Company on social media @AstraZeneca
(https://gateway.zscalertwo.net/auD?origurl=https:%2f%2fwww.linkedin.com%2fcompany%2fastrazeneca&_ordtok=Mkk3WV5DBDPmQrD4F5MGdGDMZR)
Contacts
For details on how to contact the Investor Relations Team, please click here
(https://www.astrazeneca.com/investor-relations.html#Contacts) . For Media
contacts, click here (https://www.astrazeneca.com/media-centre/contacts.html)
.
Adrian Kemp
Company Secretary
AstraZeneca PLC
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