CTEC Convatec Group Plc

TIDMCTEC

RNS Number : 2512F

ConvaTec Group PLC

25 October 2018

25 October 2018

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 24 October 2018, the Company's Interim Chief Executive Officer and a PDMR, purchased 75,000 Shares at GBP1.536789 per share. Mr Anderson's resulting shareholding is 149,475 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                                              Rick Anderson 
  2     Reason for the notification 
  a)    Position/Status                                   Interim 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                      Ordinary shares of 10p each in ConvaTec Group Plc ("Shares") 
         instrument, type of instrument                    GB00BD3VFW73 
         Identification code 
  b)    Nature of the transaction                         1. Purchase of Shares on 24 October 2018 
  c)    Price(s) and volume(s)                            Price(s)                                         Volume(s) 
                                                           GBP1.536789                                      75,000 
  d)    Aggregated information 
         - Aggregated volume                                75,000 
         - Price                                            GBP115,259.18 
  e)    Date of the transaction                           24 October 2018 
  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

   Kirsty Law, Director Investor Relations, ConvaTec                               +44 (0)7470 909 582 

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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