Convatec Group PLC

Director's Dealing • May 19, 2020

National Storage Mechanism | Additional information

RNS Number : 3369N

ConvaTec Group PLC

19 May 2020

19 May 2020

ConvaTec Group Plc

("ConvaTec" or "the Company")

Director/PDMR Shareholding

The Company has been notified of the following transaction by a Person Discharging Managerial Responsibility ("PDMR") in ordinary shares of 10 pence each in the share capital of the Company ("Shares").

On 14 May 2020, Mr Karim Bitar, Chief Executive Officer and a PDMR, acquired 14,582 Shares at £2.086180 per share under the terms of the Dividend Reinvestment Plan operated by the Company's registrars for employees holding shares within its Share Plan Account. Mr Bitar's resulting shareholding is 1,004,412 Shares.

The attached notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Karim Bitar
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	ConvaTec Group Plc
b)	LEI	213800LS272L4FIDOH92
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 Identification code	Ordinary shares of 10p each in ConvaTec Group Plc ("Shares") GB00BD3VFW73
b)	Nature of the transaction	Acquisition of Shares under the terms of the Dividend Reinvestment Plan operated by the Company's registrars for employees holding shares within its Share Plan Account
c)	Price(s) and volume(s)	Price(s) £2.086180	Volume(s) 14,582
d)	Aggregated information - Aggregated volume  - Price	N/A N/A
e)	Date of the transaction	14 May 2020
f)	Place of the transaction	Outside a trading venue

Enquiries

Analysts and Investors

Mark Reynolds, Director Investor Relations, ConvaTec                                        +44 (0)7551 036 625

ir@convatec.com

Media

Buchanan: Charles Ryland / Chris Lane / Vicky Hayns                                         +44 (0)207 466 5000                                                                                                           

ConvaTec Group Plc's LEI code is 213800LS272L4FIDOH92

About ConvaTec

ConvaTec is a global medical products and technologies company focused on therapies for the management of chronic conditions. The Company is listed on the London Stock Exchange (stock symbol: CTEC) and has established market positions in advanced wound care, ostomy care, continence and critical care, and infusion care. ConvaTec's products provide a range of clinical and economic benefits, including infection prevention, protection of at-risk skin, improved patient outcomes and reduced total cost of care.  Further information can be found at www.convatecgroup.com.

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