28th Feb 2011 16:00
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
Related Shares:
Astrazeneca