TIDMAZN

RNS Number : 4334S

AstraZeneca PLC

15 November 2021

15 November 2021 16:00 GMT

Transaction by Person Discharging Managerial Responsibilities

AstraZeneca PLC (the Company) announced that on 12 November 2021 an award of AstraZeneca American Depositary Shares (ADSs) vested to Dr Aradhana Sarin, Chief Financial Officer. Each ADS represents one half of an Ordinary Share of $0.25 in the Company.

In accordance with the Agreement and Plan of Merger, the award was granted under the AstraZeneca Global Restricted Stock Plan at the time of closing of the acquisition of Alexion Pharmaceuticals, Inc. (Alexion) by the Company. It replaced Restricted Stock Units held by Dr Sarin under the Alexion 2017 Incentive Plan, granted in November 2017. The replacement award vested on the completion of the original four-year holding period.

Following the withholding of shares to satisfy certain tax obligations arising on vesting, 5,108 ADSs vested.

For tax purposes, the fair market value of an ADS at vest of the award was US$62.92, 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                        Aradhana Sarin 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             Chief Financial Officer 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        AstraZeneca PLC 
     --------------------------  ----------------------------------------- 
 b)   LEI                         PY6ZZQWO2IZFZC3IOL08 
     --------------------------  ----------------------------------------- 
 4i   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          AstraZeneca PLC American Depositary 
       financial instrument,       Shares 
       type of instrument 
 
       Identification code         CUSIP: 046353108 
     --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Acquisition of AstraZeneca PLC American 
                                   Depository Shares pursuant to a vesting 
                                   under the Global Restricted Stock 
                                   Plan 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     0          5,108 
                                               ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      Not applicable - single transaction 
 
       - Aggregated volume 
       - Price 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     12 November 2021 
     --------------------------  ----------------------------------------- 
 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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November 15, 2021 11:00 ET (16:00 GMT)

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