CTEC Convatec Group Plc

TIDMCTEC

RNS Number : 5098U

ConvaTec Group PLC

29 March 2019

29 March 2019

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 28 March 2019, the Company's Chief Financial Officer and a PDMR, sold and bought 165,000 Shares at a price of GBP1.4026 to facilitate the transfer of Shares between two broking accounts where the beneficial interest in the Shares did not change.

Mr Schulkes' shareholding remains unchanged at 165,000 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                                              Frank Schulkes 
  2     Reason for the notification 
  a)    Position/Status                                   Chief Financial 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                      Ordinary shares of 10p each in ConvaTec Group Plc ("Shares") 
         instrument, type of instrument                    GB00BD3VFW73 
         Identification code 
  b)    Nature of the transaction                          Sale and purchase of Shares on 28 March 2019 
  c)    Price(s) and volume(s)                            Price(s)                                         Volume(s) 
                                                            GBP1.4026                                        165,000 
  d)    Aggregated information 
         - Aggregated volume                                165,000 
         - Price                                            GBP231,429 
  e)    Date of the transaction                           28 March 2019 
  f)    Place of the transaction                          London Stock Exchange, Main Market (XLON) 
 
 

Enquiries

Media

   Bobby Leach, VP Group Corporate Affairs, ConvaTec                        +44 (0)7770 842 226 

Alastair Elwen, Finsbury +44 (0)207 251 3801

Analysts and Investors

John Crosse, VP Investor Relations, ConvaTec +44 (0)7500 141 435

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

investorrelations@convatec.com

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, with leading market positions in advanced wound care, ostomy care, continence and critical care, and infusion devices. 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. To learn more about ConvaTec, please visit www.convatecgroup.com where a copy of this announcement can also be found.

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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March 29, 2019 07:52 ET (11:52 GMT)

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