TIDMAZN

RNS Number : 2129S

AstraZeneca PLC

08 March 2023

8 March 2023 11:00 GMT

Transaction by Person Discharging Managerial Responsibilities

AstraZeneca PLC (the Company) announced that, on 6 March 2023, 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 Deferred Bonus Plan (AZDBP).

The AZDBP award was granted on 6 March 2020, following the deferral of a portion of Mr Soriot's annual bonus in respect of 2019 performance into Ordinary Shares, and vested on completion of the three-year holding period.

Following the reinvestment of dividends accrued during the deferral period of the AZDBP 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 
                                AZDBP 
 Pascal Soriot                  8,853 
                 --------------------

For tax purposes, the fair market value of an Ordinary Share at vest of the AZDBP award was 10,784 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).

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                        Pascal Soriot 
      --------------------------  --------------------------------------------- 
       Reason for the notification 
  2 
      ------------------------------------------------------------------------- 
 a)    Position/status             Chief Executive Officer 
      --------------------------  --------------------------------------------- 
 b)    Initial notification        Initial notification 
        /Amendment 
      --------------------------  --------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                        AstraZeneca PLC 
      --------------------------  --------------------------------------------- 
 b)    LEI                         PY6ZZQWO2IZFZC3IOL08 
      --------------------------  --------------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4i    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          Ordinary Shares of US$0.25 each in 
        financial instrument,       AstraZeneca PLC 
        type of instrument 
 
        Identification code         GB0009895292 
      --------------------------  --------------------------------------------- 
 b)    Nature of the transaction   Acquisition of Ordinary Shares pursuant 
                                    to a vesting under the AstraZeneca 
                                    Deferred Bonus Plan, for nil consideration. 
      --------------------------  --------------------------------------------- 
 c)    Price(s) and volume(s)        Price(s)   Volume(s) 
                                      0          8,853 
                                                ---------- 
      --------------------------  --------------------------------------------- 
 d)    Aggregated information      Not applicable - single transaction 
 
        - Aggregated volume 
        - Price 
      --------------------------  --------------------------------------------- 
 e)    Date of the transaction     6 March 2023 
      --------------------------  --------------------------------------------- 
 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 operates in over 100 countries and its innovative medicines are used by millions of patients worldwide. Please visit astrazeneca.com and follow the Company on Twitter @AstraZeneca .

Contacts

For details on how to contact the Investor Relations Team, please click here . For Media contacts, click here .

Adrian Kemp

Company Secretary

AstraZeneca PLC

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March 08, 2023 06:00 ET (11:00 GMT)

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