CTEC Convatec Group Plc

TIDMCTEC

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 GBP2.086180 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                                 Ordinary shares of 10p each in ConvaTec 
         financial instrument,                              Group Plc ("Shares") 
         type of instrument                                 GB00BD3VFW73 
         Identification code 
  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)                                        Volume(s) 
                                                            GBP2.086180                                     14,582 
  d)    Aggregated information 
         - Aggregated volume                                 N/A 
         - Price                                             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 .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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May 19, 2020 05:35 ET (09:35 GMT)

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