Convatec Group PLC: Director/PDMR Shareholding

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

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

Identification code

Ordinary share of 10p each in ConvaTec Group Plc

GB00BD3VFW73

b)

Nature of the transaction

1. Grant of RSUs under the DBP, subject to a time-based vesting period of three years and continued employment.

2. Grant of PSUs under the LTIP subject to (i) vesting period of three years (ii) performance conditions based on a combination of organic revenue growth, adjusted profit before tax growth and total shareholder return (iii) two year post vesting holding period.

c)

Price(s) and volume(s)

Price(s)

1. n/a
2. n/a

Volume(s)

1.  201,937
2. 1,041,628

d)

Aggregated information

- Aggregated volume 

- Price

N/A

N/A

e)

Date of the transaction

2023-03-15

f)

Place of the transaction

Outside a trading venue

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

Identification code

Ordinary share of 10p each in Convatec Group Plc

GB00BD3VFW73

b)

Nature of the transaction

1. Grant of RSUs under the DBP, subject to a time-based vesting period of three years and continued employment.

2. Grant of PSUs under the LTIP subject to (i) vesting period of three years (ii) performance conditions based on a combination of organic revenue growth, adjusted profit before tax growth and total shareholder return (iii) two year post vesting holding period.

c)

Price(s) and volume(s)

Price(s)

1. n/a
2. n/a

Volume(s)

1.  99,826
2. 565,610

d)

Aggregated information

- Aggregated volume 

- Price

N/A

N/A

e)

Date of the transaction

2023-03-15

f)

Place of the transaction

Outside a trading venue