Director/PDMR Shareholding

Convatec Group PLC

18 March 2025

 

18 March 2025

Convatec Group Plc
("Convatec" or "the Company")

Director/ PDMR Shareholding 

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

Vesting of Awards under the Company's Long Term Incentive Plan ("LTIP")

On 14 March 2025, conditional share awards granted to Jonny Mason, Chief Financial Officer in 2022 under the LTIP in the form of Performance Share Awards ("PSA") vested and on 18 March 2025, shares were sold to satisfy income tax and National Insurance ("NI") liabilities:

Shares vested	Shares sold to satisfy income tax & NI liabilities	Share price	Total shares acquired
516,368	239,778	£2.599537	276,590

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	Jonny Mason
2	Reason for the notification
a)	Position/status	Chief Financial 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
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	Ordinary shares of 10p each in Convatec Group Plc
	Identification code	GB00BD3VFW73
b)	Nature of the transaction	Vesting of PSA under the LTIP.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0 516,368
d)	Aggregated information
	- Aggregated volume	N/A - single transaction
	- Price
e)	Date of the transaction	14 March 2025
f)	Place of the transaction	Outside a trading venue
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	Ordinary shares of 10p each in Convatec Group Plc
	Identification code	GB00BD3VFW73
b)	Nature of the transaction	Immediate sale of shares awarded under the LTIP to cover tax and national insurance liabilities.
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.599537 239,778
d)	Aggregated information
	- Aggregated volume	N/A - single transaction
	- Price
e)	Date of the transaction	18 March 2025
f)	Place of the transaction	London Stock Exchange

Enquiries

James Kerton Company Secretary                                                          
Tel: [phone]
Email: [e-mail] 

Convatec Group Plc's LEI code is 213800LS272L4FIDOH92

Classification: 2.2 Information disclosed under article 19 of the Market Abuse Regulation

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 Care, and Infusion Care. With more than 10,000 colleagues, we provide our products and services in around 90 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. Convatec's revenues in 2024 were over $2 billion. The company is a constituent of the FTSE 100 Index (LSE:CTEC). To learn more please visit http://www.convatecgroup.com

 

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