REG-Convatec Group PLC Convatec Group PLC: Director/PDMR Shareholding

ConvaTecAnnouncement

03/05/2023 14:15

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   Convatec Group PLC (CTEC)
   Convatec Group PLC: Director/PDMR Shareholding

   03-May-2023 / 14:10 GMT/BST

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   3 May 2023

                               Convatec Group Plc
                         (“Convatec” or “the Company”)

                          Director/ PDMR Shareholding 

   The Company has been notified of the following transactions in relation to
   a Person  Discharging Managerial  Responsibility  (“PDMR”) in  respect  of
   ordinary shares of 10 pence each in the Company (“Shares”).

   Shares awarded to Karim Bitar, the Company’s Chief Executive Officer on  1
   May 2020 under the Company’s Long Term Incentive Plan (“LTIP”), vested  on
   2 May 2023 resulting in Karim receiving 911,191 Shares.  

    

   On the  same date,  429,441 of  these Shares  were sold  automatically  on
   Karim’s behalf to  satisfy income tax  and national insurance  liabilities
   arising in connection with the vesting of this award. 

   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 and PDMR
   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
      Details of the transaction(s): section to be repeated for (i) each type
   4  of instrument; (ii) each type of transaction; (iii) each date; and (iv)
      each place where transactions have been conducted
                                      Ordinary share of 10p each in Convatec
      Description of the financial    Group Plc
   a) instrument, type of instrument
                                       
      Identification code
                                      GB00BD3VFW73
                                      Vesting of an award under the Company’s
   b) Nature of the transaction       LTIP, granted on 1 May 2020

                                       
                                      Price(s)         Volume(s)
   c) Price(s) and volume(s)
                                          n/a             911,191
      Aggregated information           

   d) - Aggregated volume             N/A

      - Price                         N/A
   e) Date of the transaction         2023-05-02
   f) Place of the transaction        Outside a trading venue
                                                                    

    

    

   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 and PDMR
   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
      Details of the transaction(s): section to be repeated for (i) each type
   4  of instrument; (ii) each type of transaction; (iii) each date; and (iv)
      each place where transactions have been conducted
                                      Ordinary share of 10p each in Convatec
      Description of the financial    Group Plc
   a) instrument, type of instrument
                                       
      Identification code
                                      GB00BD3VFW73
                                      Sale of shares arising from the vesting
   b) Nature of the transaction       of the share award under the LTIP, to
                                      meet income tax and social security
                                      liabilities due on vesting
                                      Price(s)
                                                        Volume(s)
   c) Price(s) and volume(s)          2.164392
                                                         429,441
                                       
      Aggregated information           

   d) - Aggregated volume             n/a

      - Price                         n/a
   e) Date of the transaction         2023-05-02
   f) Place of the transaction        London Stock Exchange (XLON)
                                                                    

    

    

    

    

   Enquiries 

    

   Louise Bryson, Assistant Company
   Secretary                                            +44(0)7423 694919

    

   Cosec@convatec.com 

    

   Convatec Group Plc’s LEI code is 213800LS272L4FIDOH92 

    

   About Convatec 
    

   Pioneering trusted  medical  solutions  to improve  the  lives  we  touch:
   Convatec is a global medical products and technologies company, focused on
   solutions for the management of chronic conditions, with leading positions
   in advanced wound  care, ostomy  care, continence and  critical care,  and
   infusion care. With around 10,000 colleagues, we provide our products  and
   services in  almost 100  countries,  united by  a  promise to  be  forever
   caring.  Our  solutions  provide  a  range  of  benefits,  from  infection
   prevention and protection  of at-risk skin,  to improved patient  outcomes
   and reduced care costs. Group revenues  in 2022 were over $2 billion.  The
   company is a constituent of the  FTSE 100 Index (LSE:CTEC). To learn  more
   about Convatec, please visit  1 http://www.convatecgroup.com.

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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:           GB00BD3VFW73
   Category Code:  DSH
   TIDM:           CTEC
   LEI Code:       213800LS272L4FIDOH92
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   241188
   EQS News ID:    1623609


    
   End of Announcement EQS News Service

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